Flex Technology Group Acquires Advance Business Systems
March 21, 2023
Flex Technology Group (FTG), backed by Oval Partners, has acquired Advance Business Systems, a Baltimore-based office technology and solutions provider. The add-on deal brings Advance's team of over 130 professionals into FTG to expand its managed print, managed IT, document management, and production print capabilities in the Mid-Atlantic market.
- Buyers
- Flex Technology Group, Oval Partners
- Targets
- Advance Business Systems
- Platforms
- Flex Technology Group
- Industry
- IT Services
- Location
- Maryland, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Flex Technology Group Acquires Standard Office Systems of Atlanta
May 18, 2022
IT Services
Flex Technology Group (FTG), with backing from multi-family office Oval Partners, has acquired Standard Office Systems of Atlanta (SOS). SOS will become a platform company to anchor FTG's expansion into the Southeast; Bryan Ammons and the existing SOS leadership will remain as equity holders and continue to run the business.
-
Inhance Technologies Acquires Fluor Technik System GmbH
October 16, 2019
Manufacturing
Inhance Technologies, a portfolio company of Aurora Capital Partners, has acquired Fluor Technik System GmbH (FTS), a Lauterbach-based provider of post-mold fluorination and plastic surface modification solutions. The acquisition gives Inhance a strategic European presence and expands its fluorination capabilities to better serve customers across medical devices, consumer products, automotive and other end markets.
-
Advancea LLC Acquires Business AdvantEdge Inc
July 10, 2020
Professional Services
Advancea, LLC has acquired Minnesota-based Business AdvantEdge Inc to expand its affinity program offerings and technology capabilities. Terms were not disclosed; Business AdvantEdge’s president Mary Hazzard will work with Advancea’s management to integrate the business as a division of Advancea.
-
Graphic Village Acquires Advance Printing Company
November 10, 2020
Manufacturing
Graphic Village, a Revitalize Capital-backed print and marketing platform, has acquired Advance Printing Company and will serve Advance's customers from Graphic Village's Blue Ash headquarters. The deal expands Graphic Village's commercial printing footprint and represents another add-on for Revitalize Capital's platform.
-
Firan Technology Group Corporation Acquires FLYHT Aerospace Solutions Ltd.
December 20, 2024
Aerospace & Defense
Firan Technology Group Corporation (FTG) has acquired all of the issued and outstanding shares of FLYHT Aerospace Solutions Ltd. under a court-approved plan of arrangement, with closing announced December 20, 2024. The deal, which used a mix of cash and FTG shares as consideration (subject to pro-ration and caps), expands FTG's presence in the commercial aerospace aftermarket and adds FLYHT's SATCOM hardware and data/analytics capabilities to FTG's portfolio.
-
Flex Acquires Crown Technical Systems
November 20, 2024
Manufacturing
Flex (NASDAQ: FLEX) completed its $325 million all-cash acquisition of Crown Technical Systems, a designer and manufacturer of power distribution and protection systems. The deal expands Flex’s critical power portfolio into utility power and modular data center markets and adds an expected ~$120 million revenue business to its Industrial Business unit.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.