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Oval Partners Makes a Strategic Investment in ProCopy Office Solutions

Wednesday, November 16, 2016

Press release from the issuing company

Strategic Acquisition Further Advances FlexPrint’s Growth Strategy and Platform of National Managed Print Services 

Phoenix, Ariz.– Oval Partners, a private equity firm based in San Francisco, announced today the acquisition of ProCopy Office Solutions.  ProCopy is an office technology leader in Arizona with offices in metro-Phoenix, Tucson and Prescott.  Best known for their industry leading service programs, ProCopy has garnered numerous accolades such as being included in the Inc. 500|5000 annual ranking of the fastest-growing private companies in America, the Top 50 Elite Dealers, and Best Places to Work awards.  ProCopy has also recently been designated in the Ricoh Circle of Excellence and a Canon Premier Partner, the highest recognition of achievement from both equipment manufacturers.

Earlier in the year, Oval Partners joined forces with FlexPrint to accelerate the company’s national growth strategy by creating a model acquisition platform based on FlexPrint’s award winning business model for national managed print services.  With this recent acquisition of ProCopy, this managed print platform now represents the largest market share in the Southwest.

“We are excited about ProCopy’s future growth opportunities with this investment from Oval Partners and FlexPrint”, said Mike McGuirk, President of ProCopy Office Solutions.  “ProCopy has differentiated themselves by providing exceptional customer-driven service, and our clients will continue to receive this experience based on operational excellence.”  Tim Stevenson, CEO and Founder of ProCopy further states, “We all share the same vision of excellence and commitment to our customers and employees, and see this as a tremendous win for everyone.”  Mr. Stevenson, Mr. McGuirk, and the entire ownership group at ProCopy will remain in their current leadership roles at ProCopy, and are equity partners in FlexPrint LLC. 

“ProCopy has built a great reputation in the Arizona marketplace as a company that always puts their customers and employees first and they always deliver with unquestionable integrity and quality in all they do,” states Frank Gaspari, CEO of FlexPrint LLC. “We look forward to this new partnership with Mike, Tim and the entire ProCopy team, as we continue to build upon the nation’s largest and strongest privately held managed print services organization.”

 

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