Oval Partners Invests in RS Business Machines
Oval Partners, a San Francisco based multi-family office private equity firm, today announced a new partnership with RS Business Machines, a national managed print solutions provider based in Sandusky, Ohio.
RS Business Machines provides print related products and services that are said to help improve business savings by structuring a more efficient and streamlined workflow. Set up in 1976 by Paul Tamburrino Sr., RS Business Machines has grown from the role of a copier provider to a full-fledged print management, software and analytics company. Today, the company is run by the next generation of Tamburrinos, with daughter Gina Vincent as the CEO, Paul Tamburrino Jr. as the Sr. VP of Service, and Steve Tamburrino in the role of Sr. VP of Sales.
“As a family owned and operated business that has grown significantly over the last 42 years, we are proud of how we’ve evolved our business into a powerful national managed print provider,” said Steve Tamburrino, Sr. Vice President of Sales at RS Business Machines. “With this new FlexPrint partnership, we believe there’s a significant opportunity to accelerate our growth, expand our business, and open up wonderful career opportunities for our employees. This is truly a win-win opportunity for all of us.”
“RS Business Machines has earned a long-standing reputation for having a strong managed print i nitiative and always taking care of their customers,” said Frank Gaspari, CEO of FlexPrint, LLC. “This is a perfect partnership for Flex Technology Group, broadening our national network and giving us immediate access to the Great Lakes Region. Our national platform is much stronger, and our capital structure gives us a significant opportunity to further accelerate our growth. We enthusiastically welcome the Tamburrino family and all the employees at RS Business Machines.”
The Tamburrino family will be equity holders in FlexPrint, LLC. The RS Business Machines executive team will remain in their current leadership roles.
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- December 2017: Oval Partners Acquires Second Dealer this Month
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- January 2017: HP Awards FlexPrint’s Managed Print Solution ‘Best in Class”