EO Johnson Business Technologies Acquire Office Enterprises’ Copier/Printer Division
On March 16, 2018, EO Johnson Business Technologies and Office Enterprises, Inc. (OEI)/Cornerstone Technology announced the sale of OEI’s copier/printer division and Cornerstone Technology’s IT services business to EO Johnson for an undisclosed sum. The sale was completed on March 9, 2018, and since that date, both companies have focused on notifying customers and transitioning the business.
EO Johnson welcomes OEI’s service and administrative employees and the Duluth sales employee to its Imaging division. Cornerstone Technology’s support, engineering, and administrative employees are joining Locknet Managed IT Services, EO Johnson’s IT division. The total number of new employees transitioning to EO Johnson/Locknet are 22. EO Johnson is also retaining the current Cornerstone facility located at 505 S. 24th Ave., #204, Wausau, Wisconsin, which Locknet/Cornerstone will occupy.
According to Bob Lamovec and Seth Sierk, co-owners of Office Enterprises, Inc., OEI will now focus on their core businesses of mailing equipment, furniture solutions, water systems, digital media, and other upcoming endeavors.
Mary Jo Johnson, CEO and owner of EO Johnson Business Technologies, says the acquisition of OEI’s copier/printer division aligns perfectly with EO Johnson’s own imaging business. Likewise, both Cornerstone’s customer base and product offerings line up with Locknet’s client base and product focus. Both the imaging and IT acquisitions are said to provide significant growth opportunities for EO Johnson and Locknet in the Central Wisconsin market.
EO Johnson Business Technologies is a business-technologies provider, offering managed IT services, managed print services, document management, scanning and business processes systems, and print/document and production-printing equipment. Celebrating its 60th anniversary in 2017, EO Johnson is certified as a Woman Owned Business through the State of Wisconsin and a 2016 BBB Torch Award for Ethics winner.
Locknet Managed IT Services is a UCS/SOC2 Type 2, FFIEC examined technology service provider and has been named to MSPmentor’s 501 Global Edition since 014. Focusing on IT security for over 35 years, Locknet provides delivery and management of IT network services including desktop and server, security, backup services, and more.
Office Enterprises, Inc. (OEI), which was established in 1983, is a provider of mail and business furniture systems.