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BTA Hotline: News

Visual Edge Technology Completes Two Acquisitions

Tuesday, October 3, 2017  
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BTA member Visual Edge Technology Inc. has announced it has completed the acquisition of XMC Inc. This is the company's third acquisition in 2017 and 13th over the past several years.

XMC provides sales and service of Xerox MFPs, FP Mailing Solutions, assorted office solution software, managed print services and IT/MNS solutions. The XMC Inc. acquisition will give Visual Edge coverage across the central southeast United States.

"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 Office Solutions family," said Bob Hamilton, founder and chairman; Sean Seward, president; and Ben McCaghren, president of XMC Financial Services, XMC Inc.

XMC Inc. has been serving the central southeastern part of the United States in the office technology industry since 1992. Hamilton and his senior management team will continue in their current capacities in leading the company. XMC Inc. is headquartered in Memphis, Tennessee, with additional locations in Chattanooga, Jackson, Nashville and Savannah, Tennessee; Florence and Huntsville, Alabama; Little Rock and Jonesboro, Arkansas; and northern Georgia.

"XMC Inc. is made up of high-quality, dedicated professionals," said Austin Vanchieri, chairman and CEO, Visual Edge. "This key acquisition of XMC will strengthen our market position across the central southeast. XMC Inc. enables us to focus on continuing to provide high-quality managed network service Solutions as well as office solutions sales and service to the small, mid-size, and major account business community in XMC's marketplace."

In other news, Visual Edge Technology Inc. has also completed the acquisition of American Copy Service Center Inc. (ACSC) of Waterbury, Connecticut. This is the company's fourth acquisition in 2017 and the 14th over the past several years.

American Copy Service Center provides sales and service of Konica Minolta and Xerox MFPs, assorted office solution software, managed print services and IT/MNS solutions. The ACSC acquisition will give Visual Edge increased coverage across the northeast United States.

"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 Office Solutions family," said Bill Harris, president, ACSC.

ACSC has been serving the northeastern part of the U.S. in the office solutions & managed service provider industries for more than 25 years. ACSC's senior management team members will continue in their current capacities in leading the company.

"American Copy Service Center Inc. is made up of high-quality, dedicated professionals," said Austin Vanchieri, chairman and CEO, Visual Edge Technology. "This key acquisition of American Copy Service Center will strengthen our market position across the Northeast. American Copy Service Center Inc. enables us to focus on continuing to provide high-quality managed network service solutions, as well as office solutions sales and service, to the small, mid-size and major account business community in its local marketplace."

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