Doceo, a managed print services company, has announced two new acquisitions, adding assets and employees of Reliable Office Technologies and Business Machines, Inc. Financial terms of the transaction were not disclosed.
These are the technology M&A deals 797 & 798 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 2004, Doceo is based in York, Pennsylvania. The company has his 44 employees listed on LinkedIn. Doceo’s areas of expertise include IT services, technical supplies, office equipment, copiers, printers, MFPs, document management, software, wide format and network solutions.
Founded in 1992, Reliable Office Technologies is based in Frederick, Maryland. The company has his 13 employees listed on LinkedIn. Reliable’s areas of expertise include document services, business supply services, and equipment training and support.
Business Machines was founded in 1995 and is based in Bel Air, Maryland. Business Machines owner Will Chaillou will join Doceo as vice president of sales for Harford and Cecil counties, according to the Business Machines website. As a result of the acquisition, the expanded Doceo team will move to a new larger office in Bel Air.
The acquisition of Reliable will give the company a new foothold in the Frederick market, according to the company.
Doceo’s Latest Acquisition: Strategic Expansion
Doseo CEO John Lewis commented:
“Most of our growth over the years has been organic, but we also like to fold our established dealers. /printing/scanning needs and I can safely say that we are thrilled to support the technical needs of these two thriving markets. We are building what looks like a successful year and the commitment of the Doceo team members is why.”
Office equipment dealer M&A
Meanwhile, merger and acquisition activity within the office equipment dealer segment continues. Office equipment dealers, multifunction printer (MFP) partners, copier resellers, and managed print service (MPS) partners are busy acquiring each other.
ChannelE2E maintains an up-to-date list of deals within the space which you can check here.