Philadelphia, PA – May 2005 – Zygoquest Group "seeking to unite" announced that they served as an advisor on the sale of Scottsboro Business Equipment to Global-Imaging Systems – Global’s first acquisition in fiscal year 2006. Terms were not disclosed.
About Scottsboro Business Equipment
Scottsboro Business Equipment, headquartered in Scottsboro, Alabama is an office products dealer that sells and services the full line of Canon digital copiers and fax machines, printers and other office machines, and general office supplies and furniture sourced primarily from S.P. Richards Company. The company was owned and operated by Steve and Donna Campbell since 1985 and was founded by Steve’s parents John and Evie Campbell in 1959 and conducts business throughout the Northeast Alabama and Southeast Tennessee marketplace.
About Global-Imaging Systems
Global Imaging Systems is a billion dollar public company traded on the Nasdaq stock exchange; founded in 1994 by Tom Johnson with financial backing from venture capital firm, Golder Thoma Cressey Rauner. Since its founding, revenues grew from $37 million to $927 million in fiscal 2005 and operating income grew from $2 million to $105 million. Global has acquired businesses in 184 locations in 30 states and the District of Columbia and is the most profitable operator among public companies offering customers digital office imaging solutions.
About Zygoquest Group and Mike Dudek (www.zygoquest.com)
Zygoquest provides customized merger and acquisition services to buyers and sellers of companies. Mike Dudek, President and owner of Zygoquest and his management team are authors of over 500 M&A consummated transactions throughout their careers. Zygoquest is the #1 M&A authority in the office products industry, and provides M&A services to sellers and buyers in other specialized industries including: aerospace, document services, systems-integration & telephony. The Zygoquest website contains deals you will recognize.