This week Toshiba America Business Solutions(TABS) announced the acquisition of California-based Electro Imaging Systems, Inc.
As a result of this acquisition, independent office equipment dealer Electro Imaging Systems will “become part of TABS’ Toshiba Business Solutions (TBS) division.” This is the 56th dealer acquisition for TABS and its first since 2008.
Electro Imaging Systems, which “offers document and network management solutions, managed print services and office phone systems, in addition to the sales, service and support of office printing systems” was founded back in 1994 and originally resold Gestetner copiers and multifunction printers.
“We are very pleased to add a quality organization like EIS to the Toshiba family,” said Scott Maccabe, president and CEO of Toshiba America Business Solutions, Inc. “Toshiba is continuing to target strategic acquisitions to expand Toshiba Business Solutions in select U.S. markets. We expect EIS to be the first of several acquisitions designed to help fuel our ambitious growth strategy.”
Toshiba America Business Solutions was formed back in 1999 and now has more than 100 locations scattered through the US and Latin America, providing “award-winning products, solutions and services to more than 100, 000 clients.”
“When for personal reasons I decided to sell EIS, I looked for a company that I believed would build upon the solid foundation that we’ve created here,” said Qasim Tarin, former owner of EIS. “Toshiba has an excellent reputation for growing its acquired dealerships and providing employees and clients with excellent support and superior products. EIS’ employees and clients are in great hands with Toshiba.”