Oval Partners Acquires Ricoh Dealer Shamrock Office Solutions
Marking its second acquisition this week, Oval Partners, a San Francisco-based, multifamily office private equity firm, today announced a new partnership with Shamrock Office Solutions, a premier Ricoh dealer that provides business technology solutions to thousands of businesses in northern California.
Shamrock has served the San Francisco Bay Area since 2000 with offices in Dublin, Monterey, and Silicon Valley helping businesses integrate office equipment with document management and information technology. Shamrock has a reputation for the highest quality service in the Bay Area while delivering a total business technology solution.
“Shamrock has established itself as a trusted and successful company in a very competitive marketplace. Brian and his entire team will add tremendous value to Flex Technology Group. We look forward to their continued growth and success as an important part of the Flex Technology Group,” states Frank Gaspari, CEO of Flex Technology Group.
“We’re extremely excited to partner with the Flex Technology Group.” said Brian Driscoll, Founder, President and CEO of Shamrock Office Solutions. “We recognize that combining our resources with the Flex Technology Group will offer unique advantages and have the potential to unlock enormous opportunities.”
Shamrock Office Solutions will join Flex Technology Group to leverage the combined resources of the companies while maintaining independence in day-to-day operations. Shamrock’s executive team will remain in their leadership roles to ensure the company’s continued success in serving its employees, customers and community. Mr. Driscoll will also be an equity holder in FlexPrint,
About Oval Partners
Oval Partners is a multifamily office investment firm designed to provide liquidity, growth, capital and acquisition funding to founders of growing businesses across North America. Oval states that its capital base is permanent, and that it is committed, unencumbered and unconstrained in terms of holding period. Oval says it offers the capabilities and capital of a private equity fund, but the investment time frame of a private holding company. Oval’s principals have completed more than 75 transactions involving platform investments, acquisitions, exits, and re-financings. Oval focuses on making investments in the tech-enabled services, information services, Internet, software/SAAS, and industrial technology markets. FlexPrint embodies the essence of Oval’s targeted “buy and build” strategy in attractive, service-oriented, niche end markets. For more information, please visit www.OvalPartners.com or contact Dan Ruhl at Dan@OvalPartners.com.
About FlexPrint LLC
FlexPrint and its family of companies referred to as the Flex Technology Group, provide customized office technology solutions for national and regional companies. It focuses on print, document management, document production and managed IT solutions, representing industry leading suppliers such as Canon, Ricoh, Konica Minolta, HP, Lexmark, and various software solutions. It serves nearly 30,000 customers nationally. For more information, visit www.flextg.com.
About Shamrock Office Solutions
Serving the San Francisco Bay Area for 10+ years, Shamrock is a locally owned and operated company dedicated to providing technology solutions to over 2,000 companies. Shamrock features the best digital office equipment and document management software, with the most prompt, professional, courteous service in our industry. They constantly strive to exceed customers’ expectations. Their wide range of products (full line of copiers, faxes, printers and scanners) and services allows Shamrock to be an asset to companies large and small. Their customer base ranges in size from small sole proprietorships to large Fortune 500 companies prominently listed on the NYSE, as well as colleges, universities and school districts. For additional information, please visit www.shamrockoffice.com
More Resources
- January 2019: Oval Partners Forms New Partnership with Konica Minolta Dealer
- August 2018: Oval Partners Invests in RS Business Machines
- July 2018: Oval Partners Invests in Marimon Business Systems
- December 2017: Oval Partners Acquires Second Dealer this Month
- December 2017: Private-Equity Firm Oval Partners Makes Strategic Investment in Caltronics Business Systems
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