Fisher’s Technology has acquired the managed print services business from Utah-based IT solutions provider VLCM. Financial terms of the deal were not disclosed.
This is the technology M&A deal number 774 that ChannelE2E has covered so far in 2022. Browse over 2,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.
Founded in 1936, Fisher’s Technology is based in Boise, Idaho. The company has his 142 employees listed on LinkedIn. Fisher’s Technology’s areas of expertise include copiers/printers, managed IT services, and document automation.
Founded in 1983, VLCM is based in Salt Lake City, Utah. The company has his 152 employees listed on LinkedIn. VLCM’s areas of expertise include networking, VoIP, IT services, computers, printers/copiers, audio/visuals, and more.
VLCM said it would hold all other business areas including cybersecurity, data center, BU/DR, virtualization, hybrid cloud, networking, Microsoft, UC, audio/visual and professional services.
Fisher’s will operate from VLCM’s Utah location until a new location is found in the Salt Lake City area, the company said. VLCM’s Managed Print Services business unit will be rebranded to Fisher’s Technology.
Fisher’s Acquires Managed Print Services Business: Executive Commentary
VLCM CEO Mike Linton commented:
“We were looking for a good partner to support our managed print customers and bring together a VLCM print team. , agreed that Fischer’s is a great organization that provides the type of excellent service and support that customers of VLCM’s managed print services deserve moving forward, and that there is a strong bond of culture and excellence between the two organizations. It was also clear that there was a clear link to commitment.”
Fisher’s CEO Chris Taylor said:
“Fischer’s is excited to welcome the VLCM print team to our company and leverage their heritage in Salt Lake City and St. George as we expand into Utah. They are great people who love things and are 100% committed to providing an exceptional customer experience, which makes them a great fit for Fisher’s culture.We have long wanted to serve Utah But we couldn’t have chosen a better starting point and a better team of people.”
Office equipment dealer M&A
Mergers and acquisitions (M&A) activity remains healthy in the office equipment dealer industry.
ChannelE2E maintains a list of intra-industry deals that can be viewed here.