Prosperity Plus Assists in acquisition of Copy R Office Solutions5 Sep, 2007
Prosperity Plus Assists in acquisition of Copy R Office Solutions
Smithtown, NY - Prosperity Plus Management Consulting, Inc. announced today the acquisition of Copy R Office Solutions by Greg Weirick and Brett Edmondson. Prosperity Plus acted as an advisor to Weirick and Edmondson throughout the transaction.
Copy R Office Solutions, a Kyocera dealership located in Burbank, CA, was founded in 1965. Ray Sterling, Copy R's Owner and VP of Operation, selected Weirick and Edmondson for the purchase based on their intention to maintain Copy R's company structure and core values. After a transition period Sterling will be focusing his attention on his endeavors in the motion picture / television industry.
Brett Edmondson will be assuming the position as President of the new corporation, Copy R Office Solutions, LLC. Edmondson comes in with extensive industry experience at both the dealership and manufacturer level. Prior to the Copy R acquisition he was the Regional Mananger for the Western Region of Kyocera's Copystar division. In discussing the acquisition Edmondson is quoted as saying, "Copy R is a strong company with great values. I look forward to leading this team through the next phase of our growth. Copy R customers can look forward to an expansion of our offerings while continuing to work with the Copy R employees they've grown comfortable with."
Greg Weirick assumes the position of Chairman of Copy R bringing with him a background in financial investments. Weirick is a managing director with Transamerica Investment Management. Having experience in the investment side of the office systems industry, Weirick sees this acquisition as a stepping stone to building a strong dealership that will be a driving force in the Southern California market.