OSG Billing Services has acquired Formost mediaOne, a Brampton, Ontario-based outsourced billing, document and services company.
No financial terms were disclosed.
Led by CEO John Gaudet, Formost mediaOne was established in 1981 and a subsequent merger.
OSG, a Ridgefield Park, New Jersey-based provider of billing and payment solutions and customer communications management, said the buy marks its entry into the Canadian market.
OSG was acquired in 2017 by U.S. private equity firm Aquiline Capital Partners.
OSG Billing Services Acquires Formost mediaOne – Expands Operations into Canada
RIDGEFIELD PARK, N.J., Nov. 20, 2018 /PRNewswire-PRWeb/ — OSG Billing Services (OSG), a leading provider of omnichannel billing and payment solutions, customer engagement and critical customer communication management, today announced that it has completed the acquisition of Formost mediaOne, an Ontario, Canada-based leader in the outsourced billing, document and services industry, marking OSG’s entry into the Canadian market.
“I am extremely excited about the acquisition of Formost mediaOne, who has been a strategic partner of ours for several years. They have a very good reputation as a high-quality, customer-focused company,” said Scott W. Bernstein, OSG’s Chairman and CEO. “This acquisition strengthens our presence in the financial services industry and augments our business offerings while expanding our footprint into the growing Ontario region. We look forward to welcoming Formost mediaOne’s clients and talented team to the OSG family.”
“This is an exciting new chapter for our company,” said John Gaudet, CEO of Formost mediaOne. “As we have expanded throughout the years we have always strategically aimed to bring our clients the best in quality and range of offerings. We look forward to this partnership with OSG and the increased capabilities and opportunities for both companies.”
For more than 25 years, OSG has been a leading outsourced provider of omnichannel billing and payment solutions, offering a full suite of integrated customer communications and engagement solutions that transform the way our clients reach their customers. From transactional documents to strategic marketing initiatives, OSG employs cutting-edge digital technology to expertly craft communications that enhance the customer experience. OSG’s reputation for excellence is based upon award-winning communications solutions and long-term investment in clients’ success.
About Formost mediaOne
Starting as a business forms manufacturer in 1981, Formost mediaOne has grown its offerings to become a trusted partner in outsourced documents and services with a focus in transactional, statement and tax form processing, custom programming, variable imaging and mailing. Formost mediaOne is committed to delivering value-added, omnichannel solutions for every clients’ mission critical documents and communications. Through an emphasis on customer service, quality and flexible, client-oriented processes, Formost mediaOne has earned a distinguished reputation printing and processing millions of pieces monthly.