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Oval Partners Expands Portfolio With Investment in Action Imaging Group

Tuesday, August 8, 2017  
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Oval Partners has announced an investment in Action Imaging Group (AIG). AIG is an office technology company based in Tucson, Arizona, with decades of experience in the industry supporting Ricoh, Kyocera, Samsung and HP products.

"We are extremely excited to join the FlexPrint and Oval Partners team," said Walter Thomas, managing partner, AIG. "Both Jeff Woloshin and I look forward to the benefits this new partnership will bring to our entire team to further reinforce our market-leading position."

"Action Imaging Group has built a great reputation in the southern Arizona marketplace," said Frank Gaspari, CEO, FlexPrint LLC. "This investment aligns perfectly with our growth strategy and we look forward to working with Jeff, Walter and their entire team. The synergies between AIG and our portfolio of companies will pave the way for further successful growth."

This announcement marks the fourth acquisition in 10 months for Oval Partners and FlexPrint. In September 2016, FlexPrint acquired Laser Options, a full-service business technology organization specializing in managed print services (MPS). In November 2016, FlexPrint acquired ProCopy Office Solutions, a trusted document imaging products and solutions provider that helps reduce the complexity associated with technology selection. In February 2017, Cannon IV, which is a leading independent MPS provider and reseller of imaging and printing solutions based in Indianapolis, Indiana, also joined the FlexPrint family.

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