*NEWS*TOSHIBA IN ACQUISITION MODE/2004-04-22

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Date: Friday June 21, 2013 09:54:38 am
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    Toshiba in Acquisition Mode

    Toshiba America Business Solutions Inc. Has acquired Business Methods, an independent copier dealership based in Rochester, N.Y. which serves the western and central areas of New York. Business Methods will become part of TABS' Toshiba Business Solutions (TBS) division, a network of acquired Toshiba equipment dealers.

    Business Methods is the 22nd acquisition by TABS since TBS was formed nine years ago. Former Business Methods' owners Steven B. Sauer, Tim O'Neil and John J. Jabbour will remain with the company continuing their roles as president and executive vice presidents, respectively, running the day-to-day operations.

    The acquisition of Business Methods is Toshiba's first acquisition in 2004. The acquisition is part of TABS' overall objective to bolster the TBS operation by targeting large independent dealers in the top U.S. markets.

    TABS has most recently acquired Hawaii Business Equipment, Systems + Solutions in South Florida, Moody Business Associates (MBA) of Hayward, Calif. and OCS of San Antonio, Texas.

    "We are very excited to welcome Business Methods and its strong management team into the Toshiba family," said Rick Taylor, senior vice president of sales and marketing, Business Operations, TABS. "We are confident that their new status as a TBS dealership will serve to enhance their already solid reputation for superior customer service and support."

    Business Methods was founded in 1957 as an office equipment company. Today it is a $29 million company that focuses on copier sales with market solutions in three locations covering 28 counties in Western and Central New York.

     

    * Post was edited: 2004-04-22 10:57:00

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