Flex Technology, Oval Partners Acquire Ohio Dealer
On September 13th, Flex Technology Group and Oval Partners announced a new partnership with Millennium Business Systems, an office-technology provider based in Cincinnati, Ohio.
Millennium Business Systems (MBS) was founded in 2000 by David Bartlow in Cincinnati, Ohio. The company services the needs of the Greater Cincinnati, Northern Kentucky, Dayton Ohio, and Southeast Indiana with copier/MFPs, printers, and document-management hardware and software.
“The Flex Technology Group is excited to welcome Millennium Business Systems to our growing family. MBS strengthens our presence in the Midwest as we continue to execute on our national growth strategy,” stated Frank Gaspari, CEO of Flex Technology Group. “Over the last 19 years, David and his team have built a highly respected company with a great culture and loyal customers. This partnership further fuels our goals of adding quality companies to our platform while becoming the largest office technology provider in the nation.”
“This partnership with Flex Technology Group is exciting for our employees, our customers, and the communities that we serve.” said David Bartlow, president of Millennium Business Systems. “The FTG platform will continue to let us operate at a local level, allow us to further expand our reach, add additional value and solution offerings to our customers and enhance our employees’ work environment by becoming a part of a larger, national office technology company.”
Flex Technology Group says its expanded rapidly since 2016. The company’s portfolio of office-technology companies now includes 16 partner dealerships generating over $340 million in annual revenues and serves over 60,000 customers nationwide.
Millennium’s executive team will remain in their leadership roles to ensure the company’s continued success in serving its employees, customers, and community. Bartlow will be an equity holder in FlexPrint LLC.
- August 2019: Oval Partners Invests in CBE Office Solutions
- April 2019: PE Firm Oval Partners Continues Expansion in Southwest
- January 2019: Oval Partners Acquires Ricoh Dealer Shamrock Office Solutions
- January 2019: Oval Partners Forms New Partnership with Konica Minolta Dealer
- August 2018: Oval Partners Invests in RS Business Machines