Philadelphia, PA – February 2004 – Zygoquest Group "seeking to unite" announced that they served as the advisor on the acquisition of the assets of Digital Images, Inc. by Fraser – Advanced Information Systems. Terms of the transaction closed on February 6, 2004 were not disclosed (visit: www.zygoquest.com).
Fraser-AIS, owned and operated by Bill Fraser - President, is an award winning dealer for Canon and Sharp copiers, Muratec Fax machines, HP Printers, and software automation, imaging and integration products (visit: www.fraser-ais.com).
Fraser is one of Eastern Pennsylvania’s largest information management companies and has been a recognized leader in office automation and document management solutions for over 30 years. From document storage and management systems to reprographic products and e-commerce applications, Fraser streamlines information workflow with superior networking solutions. Fraser automates workplaces with digital and color copiers, fax machines, scanners, laser printers, optical storage equipment, workflow/content management software, XML/web forms, digital signature applications and intelligent forms. Fraser’s technology partners include: Canon, Sharp, Hewlett Packard, Microsoft, Murata, Lexign and Visionshape. Fraser has won many awards and designations including Canon’s Golden Eagle Award, Canon’s Top Dealer Award, Sharp’s prestigious Hykuman Kai award every year since 1986, and Microsoft Certified Solutions Provider.
Regarding Digital Images, Bill Fraser stated: “We have known Anthony and John Ferdinand and Digital Images for many years. They are an excellent compliment to our future growth and customer services strategy, and we are thrilled they elected to join our team.”
Regarding Zygoquest, Bill Fraser stated “I have known and respected Mike Dudek, President of Zygoquest for many years. Zygoquest did an outstanding job on our behalf, from initial negotiation, through due diligence, contract preparation, to closing the transaction. They are expert deal-makers who are knowledgeable of all operational and financial attributes of companies in this industry. We plan to continue to employ their services and recommend them to our friends and associates.”
Digital Images, formerly owned and operated by Anthony and John Ferdinand, is a Kyocera Mita dealer conducting business in the Greater Philadelphia marketplace. Anthony and John Ferdinand stated “We are very excited about consummating this acquisition and joining forces with Bill Fraser and his team. Zygoquest did an outstanding job on the deal, demonstrating their professionalism and expertise from our initial discussions through consummation of the transaction. They are definitely deal-makers and we plan to recommend their acquisition services to our friends and associates.”
About Zygoquest Group
“Zygoquest is the premier provider of acquisition services, and specializes in providing customized services to buyers and sellers of companies, advising entrepreneurial owners through the entire acquisition life cycle or specific transaction aspects. Zygoquest assists entrepreneurs buying companies or engaged in selling their company or contemplating future disposition to position their company to maximize exit value and minimize post-sale risk. Mike Dudek, The-Acquisition-Guy.com and President and CEO of Zygoquest, is the author of over 300 acquisitions consummated in the office products, document services, systems integration, technology, and communication services industries. You can contact Mike Dudek at (610) 873-6555 or mdudek@zygoquest.com; and, visit their website at www.zygoquest.com.
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Contact: Mike Dudek, President and CEO - Zygoquest Group
mdudek@zygoquest.com www.zygoquest.com Phone: (610) 873-6555