IMPACT NETWORKING, LLC ACQUIRES NORTHSHORE BUSINESS TECHNOLOGY
WAUKEGAN, IL (Jan. 28, 2015) - CEO of Impact Networking, Frank Cucco, announced the acquisition of NorthShore Business Technology, a Konica Minolta office equipment dealer headquartered in Kenosha, WI. NorthShore Business Technology has been in business for more than 75 years, allowing them to build strong relationships with more than 2,500 customers. This acquisition will immediately add $4.5 million of annual revenues for Impact. In the next few weeks Impact will rebrand and fully integrate the three NorthShore branches in Kenosha, WI, Rockford, IL, and Peru, IL.
Impact will now operate 12 branches across the Midwest, including offices in Indianapolis, IN, Madison, WI, Milwaukee, WI, Darien, IL, Waukegan, IL, Lake Forest, IL, and 2 Chicago offices. The Rockford, IL, and Peru, IL, offices will expand the Impact presence in Southern and Western Illinois, while the Kenosha office will increase market share of the Northern Illinois and Milwaukee service areas.
"Impact will continue to look for valuable additions so that we can grow both organically and through acquisition to achieve our 2017 goal of hitting $100 million in revenues," said Cucco.
"NorthShore Business Technology is the ideal acquisition for Impact. With the same equipment partners including Konica Minolta, our team brings a level of expertise and an award-winning service and support that will ensure a smooth transition for NorthShore customers."
About Impact
Founded in 1999, Impact has grown to be the largest independent office equipment and document technology provider in the Midwest. Impact is a privately held company with 180 employees in 12 locations and 2014 revenues of $45 million. Highly certified and award winning for growth, customer service and employment; Impact helps organizations create, distribute, and manage documents by providing hardware, software, training and support. Impact observes the role of documents in an office environment in order to design a custom solution for business process automation. Recommendations and implementations from Impact improve the way end users process information so document management becomes more productive and cost-effective. Impact solutions include: workflow and document management software, managed IT services, managed print services, design and marketing services, digital office equipment and production print devices. www.ImpactMyBiz.com