Flex Technologies Team Proceeds Nationwide Expansion With Advance Business enterprise Programs

BALTIMORE, March 17, 2023 (Newswire.com)
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Flex Technological innovation Group (FTG) introduced nowadays the acquisition of Progress Company Programs, a premier office technologies and options provider primarily based in Baltimore, Maryland.

Given that its founding in 1964, Advance Business Programs has develop into a top service provider of company solutions in Maryland, serving to to increase workflows and enhance efficiencies with Managed IT Products and services, Components, Creation Print, Managed Print Providers, Doc Administration, and Software Improvement. Nowadays, Advance Business Systems serves prospects all over the better Mid-Atlantic location and across the nation out of its corporate headquarters in Baltimore, MD.

“We are excited to welcome Jeff Elkin and his staff of above 130 specialists to the FTG family. Advance is a entire world-class corporation. Their core values and unwavering commitment to their prospects, neighborhood, and people align strongly with FTG, developing a reliable basis for a phenomenal partnership,” states Frank Gaspari, CEO of Flex Know-how Team. “With this acquisition, FTG’s revenue now exceeds $400 million. We have a robust pipeline of wonderful sellers seeking to be a part of FTG. Our national sales system proceeds to fuel our natural and organic progress. The future is remarkable at FTG, and I glimpse ahead to the prospects it will produce for our 1300+ staff members.” 

“I am thrilled to announce our partnership with Flex Technological know-how Group and what that means for our entire group at Progress and our clients – new expansion alternatives, further worker packages, and expanded assets to present an even increased consumer expertise,” states Jeff Elkin, President of Progress Business enterprise Programs. “We are amazingly happy of what we have designed listed here and look ahead to leveraging our collective means to go on our expansion and elevate our benefit propositions.”

“We are enthusiastic to proceed our finest-of-breed acquisition technique,” claimed John Knoll, co-founder of Oval Partners and expenditure partner to Flex Know-how Group. “Advance’s longstanding buyer associations and deep market presence in the greater Baltimore location makes an interesting possibility for FTG to supply its sector-top managed print platform to both of those present and new enterprises in that industry. Combining the nearby existence of our copier dealer companions that have joined Flex with the nationwide protection and abilities of FTG is a highly effective combination that has benefited all our customers. This is an thrilling continuation of that method.”

Mr. Elkin, who will be an equity holder in Flex Technology Group, and his government group will remain in their existing leadership roles to assure the continuation of the firm’s proven achievement in serving their personnel, shoppers, and the better Baltimore group.

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About Flex Technological innovation Team

Flex Know-how Team provides custom made place of work know-how answers for national and major-edge regional corporations. The corporation focuses on print, doc management, doc production, and managed IT solutions, symbolizing business-foremost suppliers these kinds of as Canon, Ricoh, Konica Minolta, HP, Lexmark, Sharp, and a variety of software package remedies. FTG products and services more than 25,000 customers nationally. For supplemental details, be sure to visit www.flextg.com.

About Oval Partners

Oval Associates is a multi-loved ones place of work financial investment business developed to provide liquidity, progress, money and acquisition funding to founders of growing firms across North The usa. Oval’s cash foundation is permanent—it is fully commited, unencumbered and unconstrained in terms of keeping time period. Oval features the abilities and money of a private fairness fund, but the mentality, husband or wife orientation and financial investment time body of a personal holding firm. Oval’s principals have finished much more than 75 transactions involving platform investments, acquisitions, exits, and re-financings. Oval focuses on generating investments in the tech-enabled services, facts products and services, internet, application/SAAS, and industrial technology markets. FlexPrint embodies the essence of Oval’s targeted “invest in and develop” approach in desirable, assistance-oriented, specialized niche conclusion marketplaces. For more data, make sure you visit www.OvalPartners.com or contact Dan Ruhl at [email protected].

About Advance Organization Programs

Progress is an iconic Baltimore-dependent business enterprise serving the Maryland group because 1964. They attribute their longevity to delivering outstanding service to prospects as effectively as their dedication to the development and enhancement of their workers. Advance’s mission: “We are a people today enterprise with an rigorous enthusiasm for improving upon our customers’ businesses and enhancing our team members’ life,” is the guiding basic principle at the rear of their each and every action. Progress associates with Maryland firms to discover parts within their organizations that would benefit from a lot more powerful engineering and procedures to support maximize efficiencies while protecting the stability of their information and the safety of their staff. Advance supplies Hardware, Managed IT, Managed Print, Doc Administration, and Software program Improvement solutions.

From its inception in 1964, Advance has manufactured caring for and investing in its workforce and their family members a top priority. The culture is team-oriented and collaborative, with standardized processes in position that build efficiencies that are utilized at just about every amount of the firm. Advance has been equipped to continually thrive in the Baltimore market by constantly adapting to and remaining forward of company and know-how innovations. Understand more at www.advancestuff.com.

Supply: Flex Technological know-how Team

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