Xerox Acquires Canadian Office-Equipment, MPS Provider

Xerox reported today that it’s acquired Groupe CT, an independent document-management provider located in Eastern Canada, for an undisclosed sum. Groupe CT sells Canon, HP Inc., Kyocera, and Lexmark office MFPs and printers, as well as Canon Oce commercial printing systems. It also provides managed print services and electronic document management.

According to Mike Feldman, president of Xerox Americas Operations and Global Document Services, the acquisition is part of Xerox’s strategy to continue growing its presence in the North American small and mid-size business (SMB) market. Feldman noted: “With Groupe CT’s document management services expertise and leadership combined with our portfolio of workplace solutions, we’re well placed to serve SMBs focused on accelerating a digital transformation roadmap.”

This is Xerox’s second acquisition targeting the Canadian SMB market in the last year. In March 2020, Xerox announced it acquired Digitex, the largest independent services, software, and technology provider in Western Canada.

“SMBs play a crucial role in Canada’s economy. We are committed to helping Canadian SMBs survive and thrive in the current climate and beyond,” commented Martin Bachant, president of Xerox Canadian Operations. “They need tailored solutions and to work with local market experts such as Groupe CT and Digitex, who understand their requirements and can support their growth.”

“Our ambition is to provide the latest innovation and technologies to help Canadian businesses work smart,” said Tomy Bélanger, president of Groupe CT. “Together with Xerox, we’re in pole position to offer secure and sustainable solutions that support a dispersed and hybrid workforce.”