FlexPrint Announces Strategic Investment From Oval Partners
Positioned for Next Phase of Rapid Growth
PHOENIX, Jan. 17, 2016 /PRNewswire/ -- FlexPrint, the nation's largest privately held managed print solutions provider, headquartered in Mesa, Arizona, today announced an investment from Oval Partners, a private equity investment firm based in San Francisco, California.
This new partnership will aggressively advance FlexPrint's strategy to support and enhance enterprise managed print services across its national footprint and paves the way for strategic acquisitions.
"A new and exciting era has begun at FlexPrint; however, we will continue to operate as we always have with an absolute focus on our customers and our unique company culture - the foundation of our success," said Frank Gaspari, CEO of FlexPrint. Gaspari continued, "The leadership team at Oval understands our space, our diverse client needs, and the significant opportunity ahead. Oval is the ideal partner for us, our clients, and potential acquisition candidates."
Oval Partners is a leading private equity investment firm that has an excellent reputation for systemically analyzing, structuring, and investing in information and technology enabled services. This strategic partnership between FlexPrint and Oval Partners is positioned for rapid national growth.
Jake Mizrahi, Oval Partners Managing Director, said, "We are excited about the opportunity to build upon FlexPrint's strong culture and proven business model. We look forward to working with Frank Gaspari and FlexPrint's leadership team to help accelerate their growth strategies and create a model acquisition platform based on FlexPrint's solid historical performance in serving enterprise level clients."
FlexPrint was founded in 2005, and has become the nation's leading privately-owned enterprise for Managed Print and Technology Services. FlexPrint's managed solutions and expertise streamlines business work-flow for corporate, regional, and remote locations under a single national service level agreement. This blend of consultative service and solutions encourages client growth through consistent work-flow with proactive customer service, a boost in employee efficiency, and driving costs out of business operations. For additional information, please visit www.FlexPrintInc.com.
About Oval Partners
Oval Partners was founded in 2015 and is a multi-family office investment firm designed to provide liquidity, growth capital, and acquisition funding to founders of growing businesses across North America. Oval's capital base is permanent – it is committed, unencumbered, and unconstrained in terms of holding period. Oval offers the capabilities and capital of a private equity fund, but the mentality, partner orientation, and investment time-frame of a private holding company. Oval's principals have completed more than 75 transactions involving platform investments, acquisitions, exits, and re-financings. Oval focuses on making investments in the Business and Tech Enabled Services, Information Services, Internet, Software/SAAS and Industrial Technology markets. FlexPrint embodies the essence of Oval's targeted buy and build strategy in attractive, service-oriented niche end markets. For additional information, please visit www.OvalPartners.com.
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