{"id":50761,"date":"2022-07-21T13:20:25","date_gmt":"2022-07-21T20:20:25","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=50761"},"modified":"2022-07-21T14:28:43","modified_gmt":"2022-07-21T21:28:43","slug":"ma-roundup-dex-does-it-again-clover-acquires-phoenix-direct","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/feature-articles\/2022\/07\/ma-roundup-dex-does-it-again-clover-acquires-phoenix-direct\/","title":{"rendered":"M&A Roundup: DEX Does it Again, Clover Acquires Phoenix Direct"},"content":{"rendered":"\n
\"\"
Dan Doyle Jr., DEX Imaging<\/figcaption><\/figure><\/div>\n\n\n\n

There’s no truth to the rumor that Dan Doyle Jr. owns a customer appreciation card issued by his local chamber of commerce, offering him a free dealership when DEX Imaging buys 10. Given the volume of deals completed by the Tampa, Florida-based consolidation machine, it just seems that way.<\/p>\n\n\n\n

Doyle, the CEO of DEX, finished off yet another acquisition with the addition of Business Machine Products Inc. (BMP) of Greensboro, North Carolina. Meanwhile, Clover Imaging Group obtained Phoenix Direct, an e-commerce fulfillment and marketing services firm based in Georgia.<\/p>\n\n\n\n

DEX Imaging, the largest independent dealer of document imaging technology in the United States, added to its substantial portfolio by reeling in BMP. Founded in 1995 by Dan Tucker as an HP, Brother, Xerox, and Okidata dealership, BMP delivers a seamless alignment with DEX Imaging\u2019s existing growth strategy, thus offering a perfect fit.<\/p>\n\n\n\n

\u201cThe addition of BMP boosts DEX Imaging\u2019s existing dominance in North Carolina, where we have had a stronghold since 2016,” Doyle said. \u201cBMP customers will now not only reap the benefits provided by DEX Imaging\u2019s vast service teams but will also have the advantage of choosing from a wider variety of best-in-class products and software solutions.\u201d<\/p>\n\n\n\n

The BMP staff will join forces with DEX Imaging\u2019s as one cohesive unit.<\/p>\n\n\n\n

Clover Imaging Group-Phoenix Direct<\/strong><\/p>\n\n\n\n

Clover acquired all the operating assets of Phoenix Direct to further its diversification and growth strategy. Founded in 2012 and located in Duluth, Georgia, Phoenix Direct offers direct-to-consumer brands end-to-end solutions, including a full suite of e-commerce fulfillment services; marketing, e-commerce, catalog, and web services; a 24\/7 customer service call center; and a complete warehouse and distribution services.<\/p>\n\n\n\n

Phoenix Direct\u2019s deep expertise in e-commerce fulfillment complements Clover\u2019s unmatched returns management, asset renewal, and redistribution model and serves as an entry point to bring Clover\u2019s renewal and resale services to e-commerce brands and retailers.<\/p>\n\n\n\n

\u201cBy joining Clover, we significantly expand our customer reach and distribution capabilities,\u201d said Robby Yarbrough, CEO of Phoenix Direct. \u201cWe are excited to join Clover and look forward to contributing to the company\u2019s growth. Their business model and acquisition strategy offer tremendous opportunity to our customers, partners, and employees.\u201d<\/p>\n\n\n\n

\"\"
George Milton, Clover Imaging Group<\/figcaption><\/figure><\/div>\n\n\n\n

\u201cWe warmly welcome the Phoenix Direct team to Clover,\u201d said George Milton, CEO of Clover Imaging Group. \u201cWhile we remain bullish and focused on our core imaging business in the Americas, the completion of this acquisition represents a step forward in our diversification strategy and the future of the Clover Imaging platform. We look forward to leveraging the expertise of both teams to enhance our current capabilities and accelerate growth.\u201d<\/p>\n\n\n\n

Click here<\/a> to learn more about Phoenix Direct. <\/p>\n\n\n\n

###<\/p>\n\n\n\n

About DEX Imaging<\/strong>
DEX Imaging<\/a> is the digital document imaging arm of Staples, the world\u2019s largest business solutions provider. DEX sells and services the broadest selection of copiers, printers and data management solutions in the industry, such as Konica Minolta, Canon, Kyocera and HP, with annual revenue exceeding $350 Million. What makes DEX unique is its people, whose combined knowledge of cutting-edge business technologies and depth of service experience are unmatched. DEX Imaging\u2019s success is directly tied to its mission: to help customers of all sizes drive down document-related expenses while improving productivity.<\/p>\n\n\n\n

About Clover Imaging Group<\/strong>
Founded in 1996, Clover Imaging Group<\/a> provides environmentally sustainable solutions focused on the recovery, returns management, remanufacturing, and remarketing of technology assets and small consumer goods. Clover Imaging is the world\u2019s largest collector and remanufacturer of environmentally friendly imaging and printing products that help organizations lower their printing costs while reducing their overall carbon footprint. By leveraging its world-class engineering, manufacturing, and distribution infrastructure, Clover Imaging provides circular economy solutions for a variety of products.<\/p>\n","protected":false},"excerpt":{"rendered":"

There’s no truth to the rumor that Dan Doyle Jr. owns a customer appreciation card issued by his local chamber of commerce, offering him a free dealership when DEX Imaging buys 10. Given the volume of deals completed by the Tampa, Florida-based consolidation machine, it just seems that way. Doyle, the CEO of DEX, finished off yet another acquisition with the addition of Business Machine Products Inc. (BMP) of Greensboro, North Carolina. Meanwhile, Clover Imaging Group obtained Phoenix Direct, an e-commerce fulfillment and marketing services firm based in Georgia. DEX Imaging, the largest independent dealer of document imaging technology in the United States, added to its substantial portfolio by reeling in BMP. Founded in 1995 by Dan Tucker as an HP, Brother, Xerox, and Okidata dealership, BMP delivers a seamless alignment with DEX Imaging\u2019s existing growth strategy, thus offering a perfect fit. \u201cThe addition of BMP boosts DEX Imaging\u2019s existing dominance in North Carolina, where we have had a stronghold since 2016,” Doyle said. \u201cBMP customers will now not only reap the benefits provided by DEX Imaging\u2019s vast service teams but will also have the advantage of choosing from a wider variety of best-in-class products and software solutions.\u201d The BMP staff will join forces with DEX Imaging\u2019s as one cohesive unit. Clover Imaging Group-Phoenix Direct Clover acquired all the operating assets of Phoenix Direct to further its diversification and growth strategy. Founded in 2012 and located in Duluth, Georgia, Phoenix Direct offers direct-to-consumer brands end-to-end solutions, including a full suite of e-commerce fulfillment services; marketing, e-commerce, catalog, and web services; a 24\/7 customer service call center; and a complete warehouse and distribution services. Phoenix Direct\u2019s deep expertise in e-commerce fulfillment complements Clover\u2019s unmatched returns management, asset renewal, and redistribution model and serves as an entry point to bring Clover\u2019s renewal and resale services to e-commerce brands and retailers. \u201cBy joining Clover, we significantly expand our customer reach and distribution capabilities,\u201d said Robby Yarbrough, CEO of Phoenix Direct. \u201cWe are excited to join Clover and look forward to contributing to the company\u2019s growth. Their business model and acquisition strategy offer tremendous opportunity to our customers, partners, and employees.\u201d \u201cWe warmly welcome the Phoenix Direct team to Clover,\u201d said George Milton, CEO of Clover Imaging Group. \u201cWhile we remain bullish and focused on our core imaging business in the Americas, the completion of this acquisition represents a step forward in our diversification strategy and the future of the Clover Imaging platform. We look forward to leveraging the expertise of both teams to enhance our current capabilities and accelerate growth.\u201d Click here to learn more about Phoenix Direct. ### About DEX ImagingDEX Imaging is the digital document imaging arm of Staples, the world\u2019s largest business solutions provider. DEX sells and services the broadest selection of copiers, printers and data management solutions in the industry, such as Konica Minolta, Canon, Kyocera and HP, with annual revenue exceeding $350 Million. What makes DEX unique is its people, whose combined knowledge of cutting-edge business technologies and depth of service experience are unmatched. DEX Imaging\u2019s success is directly tied to its mission: to help customers of all sizes drive down document-related expenses while improving productivity. About Clover Imaging GroupFounded in 1996, Clover Imaging Group provides environmentally sustainable solutions focused on the recovery, returns management, remanufacturing, and remarketing of technology assets and small consumer goods. Clover Imaging is the world\u2019s largest collector and remanufacturer of environmentally friendly imaging and printing products that help organizations lower their printing costs while reducing their overall carbon footprint. By leveraging its world-class engineering, manufacturing, and distribution infrastructure, Clover Imaging provides circular economy solutions for a variety of products.<\/p>\n","protected":false},"author":66,"featured_media":47401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1650,82,87,1638],"tags":[4197,2166],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/50761"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=50761"}],"version-history":[{"count":2,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/50761\/revisions"}],"predecessor-version":[{"id":50767,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/50761\/revisions\/50767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media\/47401"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=50761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=50761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=50761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}