CounterPoint Capital Partners said Wednesday that it acquired The Bradshaw Group. Financial terms weren’t announced. Bradshaw, of Richardson, Texas, distributes desktop laser and production printer parts and supplies.
Los Angeles, CA (PRWEB) July 03, 2013
CounterPoint Capital Partners announced today that it has completed it’s third acquisition in as many months with the recent addition of The Bradshaw Group Inc.into CounterPoint’s platform company, Parts Now! LLC. Financial terms were not disclosed.
Founded in 1990, The Bradshaw Group is a leading distributor of desktop laser and production printer parts and supplies. They are also the only production print distributor with direct IBM/InfoPrint, Océ and HP relationships. Combined with the closings of Sunrise Fishing Inc. in April and West Bay Marketing, Inc. in May, CounterPoint’s June acquisition of The Bradshaw Group Inc. marks the firm’s third acquisition in what has proven to be an active start to 2013.
“The addition of production printer parts and supplies along with a strong regional and international customer base make Bradshaw a perfect addition to Parts Now and the CounterPoint folio of companies,” said Matthias Heilmann, CounterPoint partner and CEO of Parts Now.
Matt McLeish, Vice President of Sales and Marketing for Parts Now, commented “This acquisition in the printer parts and supplies market further solidifies CounterPoint’s commitment to Parts Now and positions us for long-term growth and stability.”
“Parts Now is one of our most inspiring investments. In the short time since our acquisition, the management team has implemented a number of substantial changes to the business. We have been very impressed with the team’s success and look forward to helping them extend that success into new geographies and business lines through integration of The Bradshaw Group,” said Chris Iorillo, Managing Partner.
About CounterPoint Capital Partners
CounterPoint Capital Partners is a Los Angeles-based private equity firm focused on acquiring lower-middle market companies headquartered throughout the United States and Canada with $10 million to $200 million in annual revenues. CounterPoint looks for complex situations caused by operational, succession, or financial challenges within a company or industry and, by developing a close partnership with management teams and other stakeholders, implements structural and operational improvements to put portfolio companies on a successful trajectory.
About Parts Now, LLC
Parts Now is North America’s premier value-added supplier of consumable printer parts and related accessories. In addition to printer consumables and aftermarket repair parts, Parts Now is also the nation’s largest trainer of printer repair technicians and is an award-winning industry leader in providing managed print services.