DEX Imaging Snaps up Four Dealerships in New Year
DEX Imaging, which states that it’s the largest independent dealer of document-imaging and digital-content solutions in the United States, has acquired four new dealerships in the first two weeks of 2017, all for undisclosed sums.
DEX acquired Digitec, a $3 million Sharp dealership operating in central Tennessee and southern Kentucky, for an undisclosed sum.
DEX Imaging CEO Dan Doyle Jr. commented: “The addition of Digitec strengthens our dominance in middle Tennessee and expands our reach into the state of Kentucky, giving customers in these regions more products to choose from and enhanced technical support.”
Digitec’s former owners, Chip Ayre, Mike Dickover, Billy Crips, and Mark Austin, stated that DEX Imaging’s “significant, ongoing investment in its own infrastructure and its commitment to the development of emerging technologies were key in the decision to join forces.” Ayre said: “We want to ensure that our customers continue to receive the best service experience well into the future, while also ensuring that our employees are given the best tools and technology moving forward.”
DEX Imaging sells and services Konica Minolta, Canon, Kyocera, and HP copier/MFPs and printers, as well as industry-specific, patented software designed to help customers better manage their document-imaging assets.
Simile Imaging Solutions
DEX acquired Simile Imaging Solutions, Inc., a $2 million Kyocera dealership in Charlotte, NC.
DEX CEO, Dan Doyle Jr., said, “The addition of Simile supports our strategy to strengthen and expand our services in Charlotte, while laying the groundwork for more growth in the region.”
The Simile acquisition adds another 11 employees to DEX’s existing employee base of more than 1,000.
Radford’s Office Technology and Rawlins Office Machines Acquisitions
DEX also acquired Radford’s Office Technology and Rawlins Office Machines, two separate dealerships located in Clarksville, Tennessee, with combined revenues exceeding $1.2 million.
DEX’sCEO, Dan Doyle Jr., said, “The additions of Radford’s Office Technology and Rawlins Office Machines give us even more strength and manpower in middle Tennessee, while laying the groundwork for additional growth in and around the region.”
Radford’s Office Technologies was founded in 1967 as a Konica-Minolta dealership. Jeff Radford, the company’s principal, said, “Joining forces with DEX Imaging allows us to carry our 49 year tradition of excellence forward with enhanced sales and service tools to give us a competitive edge. Customers today are looking for more product variety, enhanced workflow solutions, and exceptional technical support. DEX has a track record of delivering on all of those levels and more.”
Rawlins Office Machines, founded in 2002, is a Kyocera and HP dealership. Its principal, George Rawlins, said, “We are proud to unite with DEX Imaging, a true leader in our industry. This acquisition gives our employees the stability and enhanced tools to succeed well into the future, while offering our customers more product variety and service options for the ultimate customer experience.”
DEX Imaging is a privately held company with 2016 revenues exceeding $250 million.
- October 2016: DEX Imaging Acquires Omega Office Systems, Adding Xerox Copier/MFPs to Lineup
- July 2016: DEX Acquires Sharp-Dealer Modular Document Solutions in ‘Largest Acquisition to Date’
- June 2015: DEX Imaging Acquires Managed-Print Services Provider TotalPrint
- May 2013: Copier/MFP Dealer DEX Imaging Acquires Two Florida Dealers