"Seeking to unite"

Advised Carefree Office Technology on Sale to Centric Business Systems

May 2019 – Mike Dudek and Rich Wisniewski of Zygoquest Group "seeking to unite" served as the advisor to Carefree Office Technology, Inc. and its owner Chris Jones on the sale of assets to Centric Business Systems, Inc.  Terms of the transaction are confidential.

About Carefree Office Technology (www.carefreeoffice.com)
Carefree Office Technology, founded in 1995 and located in Fairfax Virginia, was owned and operated by Chris Jones.  Carefree Office Technology specialized in Managed Print Services (MPS) and sold and serviced copiers, printers and  MFP’s as an authorized Xerox Gold Document Technology Partner and as an HP Authorized Reseller and Specialist Partner serving customers throughout the Washington D.C. metro market, including Northern Virginia and suburban Maryland.  Chris Jones will continue to work in a sales capacity with Centric Business Systems.

About Centric Business Systems (www.centricbiz.com)
Centric Business Systems, founded in 1990, is an office technology dealer owned and operated by Rick Bastinelli, President.  Centric is headquartered in Ownings Mill, Maryland with branch offices in Hagerstown and Salisbury, Maryland; Malvern and York, Pennsylvania; Washington, D.C.; Richmond, McLean and now Fairfax, Virginia.  Centric has been the recipient of many industry awards and has been providing customers throughout Maryland, Virginia, Pennsylvania, Delaware and Washington, D.C. with document management and imaging solutions including Managed Print Services (MPS), workflow analysis to output solutions, IT Managed Services, and digital copiers, facsimile systems, digital duplicators, printers, folders, shredders, and related services and supplies sourced from industry leading vendors such as Sharp, Ricoh, Kyocera, Xerox and HP.  The acquisition of Carefree Office Technology continues Centric’s regional expansion throughout the Washington D.C, Virginia and Maryland market while pushing Centric’s annual revenue above $60 million with 260 employees.

About Zygoquest Group and Mike Dudek (www.zygoquest.com)
Mike Dudek, an attorney and CPA, is the owner of Zygoquest Group "seeking to unite" which provides customized merger & acquisition services to buyers & sellers of companies.  Zygoquest is the #1 M&A authority in the office products industry.  Mike Dudek & Rich Wisniewski are authors of over 500 consummated M&A transactions including many technology services acquisitions during their careers.  Prior to founding Zygoquest, Mike Dudek was Vice-President of Acquisitions for IKON Office Solutions, a $5.5 billion NYSE company acquired by Ricoh Corporation.  Mike Dudek has evaluated transactions ranging from the smallest transactions to the largest deals in the office products industry – from million-dollar deals to billion-dollar deals.  The Zygoquest website contains deals you will recognize.  See www.zygoquest.com.

About Law Office of Mike Dudek (www.mikedudeklaw.com)
Mike Dudek also owns the Law Office of Mike Dudek which provides owners and executives with customized and affordable legal services on mergers and acquisitions and other complex business transactions.  See www.mikedudeklaw.com.