As we head down the home stretch of 2021, the volume and frequency of industry acquisitions continue to grow. This week, three major dealers—Applied Imaging, Fruth Group and Donnellon McCarthy Enterprises—each added to their geographic holdings through deals.
Applied Imaging netted The Polack Corporation of Lansing, Michigan, while Fruth Group reeled in Yuma Office Equipment, a 2020 ENX Magazine Elite Dealer based in Yuma, Arizona. Donnellon McCarthy reached into Indiana with the acquisition of American Business Machines in Indianapolis.
Applied Imaging, one of the USA’s largest and most successful providers of office technology products and services, acquired The Polack Corporation effective Oct. 1. All of The Polack Corporation’s locations will now operate under the Applied Imaging brand.
The Polack Corporation is Michigan’s oldest office equipment dealer, founded in 1931 and led by fourth-generation ownership. The Lansing-based dealership served 14 counties in Central Michigan and represented Ricoh as its primary manufacturer. Applied Imaging has represented the Ricoh product line since the beginning, so the transition for The Polack Corporation’s customers will be seamless according to Applied Imaging’s CEO and President John Lowery.
“We have a thorough knowledge of the Ricoh product line and currently cover all the counties they operated in, so the transition for their customers will be extremely smooth,” said Lowery, Applied Imaging’s founder. “The only difference Polack customers will experience is now having access to the vast array of Applied Imaging’s products and services.”
Fruth Group-Yuma Office Equipment
Phoenix-based Fruth Group Inc. (FGI) has agreed to acquire Yuma Office Equipment (YOE), a Xerox, Ricoh, Lexmark dealer headquartered in Yuma, Arizona. Following Fruth’s most recent acquisitions of Prescott-based Computime and Phoenix-based Canyon Office Solutions, this acquisition will further strengthen Fruth’s position as one of the largest independent and most accomplished office solution providers in the southwest offering end-to-end services including cloud, cybersecurity, print and managed IT.
YOE CEO Daniel Bombard will remain with FGI to help continue the growth of the company’s footprint throughout western Arizona and southern California. “In my opinion, the acquisition will be great for everyone,” he said. “Our employees and shared customers of FGI and YOE will benefit greatly.”
Fruth Group CEO Charles Fruth notes, “We are excited about the people and the leadership at YOE. Daniel’s commitment to the community and the long-term relationships YOE has forged over the years present wonderful opportunities for our company. Our visions of the future are very much aligned, and we look forward to helping our new customers develop and refine their technology ecosystems.”
The Yuma branch location will officially commence operating as Yuma Office Equipment, a Fruth Group Company, Nov. 1.
DME-American Business Machines
Donnellon McCarthy Enterprises (DME), a Cincinnati-based leading office technology solutions company, announced the acquisition of American Business Machines, Inc, an office technology company in Indianapolis.
American Business Machines has been in business since 1979 and is an authorized Sharp Dealer offering a full line of office equipment and services. The purchase of American Business Machines not only enables DME to advance its growth strategy, but with every acquisition DME has done, it will significantly elevate the level of service and selection for American Business Machine’s current customers in and around the Indianapolis area.
“We are excited to have American Business Machines join the DME family. Mark Squillace has built a business with a reputation for World Class Service and Support for all of his customers before and after the sale. We look forward to joining forces and growing geographically into the Indianapolis marketplace to continue our goal of growing coast to coast.” said Jim George, president of Donnellon McCarthy Enterprises.
About American Business Machines
American Business Machines has been locally owned and operated since the doors opened in November 1979. American Business Machines, Inc. has built its reputation on customer service. Over the years, the company has grown, and product lines have been added. The one thing that has not changed in the years American Business Machines has been in business is the belief that customer service is job one.
About Applied Imaging
Applied Imaging is a leader in office technology in the Midwest. Founded in 1987 by John Lowery, Applied Imaging has achieved growth throughout Michigan, Florida, and Ohio by evolving and positioning its people, products, and services to respond to the needs of its clients. They offer products and services to help businesses increase efficiencies such as copiers and printers, IT services, electronic content management, and shredding. Applied Imaging’s mission is to partner with their clients to provide expertise and innovation tailored to their unique business challenges. Their team is committed to delivering exceptional service and products dedicated to promoting growth and prosperity within the organizations they partner with.
About Donnellon McCarthy Enterprises
Since 1957, Donnellon McCarthy Enterprises (DME) has been on a technology advancement stage, transforming businesses by providing a powerful array of process automation in both the digital imaging industry and intelligence tools for software. By focusing on providing total business solutions, DME ensures that our clients have all the resources necessary to improve efficiency, reduce costs, and achieve performance benchmarks. Thousands of organizations, both large and small, trust DME to handle their technology needs. Our broad scope of services encompasses an extensive portfolio of office equipment, document automation and technology solutions, and our highly tenured team has deep experience across multiple verticals including education, legal, health care, finance and the public sector.
About Fruth Group
FGI, founded by Chuck Fruth in 2001, has grown to be one of the preeminent providers of office technology services and solutions in the southwest. managed service providers (MSPs) like FGI are becoming a vital component in today’s increasingly complex and technology-driven business world. Within a market that is projected to reach nearly $ 300 billion globally, Fruth Group employs 100-plus staff in Arizona and California in support of their customers throughout the Southwest, North America Canada and Mexico.
About Yuma Office Equipment
Yuma Office Equipment (YOE), a 2020 Elite Dealer, is an independently owned office technology dealer with roots in Yuma and the surrounding community since 1959. Daniel Bombard and his wife have owned and operated YOE since 2013.