Prosperity Plus Management Inc. Advises Dealership Image Source for Acquisition by Visual Edge Technology14 Apr, 2016
March 31, 2016, Smithtown, NY: Prosperity Plus Management Consulting, Inc. today announced that it advised Brad Craft of Image Source on the sale of the business to Visual Edge Technology.
Image Source is one of the largest Xerox dealer/agents in the United States with 14 locations throughout California. Image Source will continue operations under the leadership of Brad Craft and his management team and joins the family of Visual Edge Technology Companies.
Image Source, headquartered in San Bernardino and founded in 1988, has been serving the needs of California businesses and institutions with a full line of Xerox products, as well as Canon, KIP and others. Image Source received an award as the fastest growing dealership at the most recent ITEX show and was runner up for the Dealer of the Year award. Brad Craft, Image Source President, stated, "In a rapidly consolidating industry, it is extremely important for us to operate from a stronger competitive position, while remaining an independent business within the Visual Edge Technology Office Solutions family. We will continue to grow together."
Visual Edge Technology, a family of Imaging Solutions Companies, incorporates a strategy of operating through established dealerships across the U.S. focused on providing a broad line of office solutions including the sale and service of automated multi-function products, wide format solutions, manage print services, document management software, network management services, and IT solutions. Visual Edge Chairman and CEO, Austin Vanchieri related, "Image Source is made up of high-quality, dedicated professionals. This key acquisition of Image Source will strengthen our market position across the United States. Image Source enables Visual Edge continue to provide high-quality document services and IT solutions to the small, mid-size, and major account business community."
The details of the transaction are confidential.
Prosperity Plus offers a full range of merger and acquisition services. The consultancy may represent either the buyer or the seller in a transaction. If you are thinking of selling your business or looking to buy another dealership contact Jim Kahrs at Prosperity Plus at 631-382-7762 or firstname.lastname@example.org.