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Stan's - LPS Midwest Acquires Stateline Copy Products


Smithtown, NY, August 07, 2016 --(PR.com)-- Prosperity Plus Management Consulting, Inc. announced that it advised Tony and Mark Steadman of Stan's - LPS Midwest in the acquisition/merger with Stateline Copy Products.

Founded in 1960 by Stanley J. Steadman, Stan's - LPS Midwest has grown to become a market leader in Northern Illinois and Southern Wisconsin by providing clients with custom business solutions that combine software, services, and hardware. Teamed with Stateline, authorized name brands now include Toshiba, DocuWare, Ricoh, HP, and Lexmark. Stan's - LPS Midwest has won Ricoh's highest awards for customer satisfaction and was recently recognized as Business Champion by the McHenry County Economic Development

Stateline Copy Products, located in South Beloit, IL, was owned by Dick and Bonnie Miller. Stateline serves the Janesville, Beloit and greater Rockford areas. Stateline was built on outstanding customer service. As stated by Dick, "At Stateline we understand that our customers rely on us as a valued business partner to provide real-world solutions to all their print management needs."

Tony Steadman, VP at Stan's, was quoted as saying, "The idea of merging these two companies seemed increasingly natural since the customer care focus is the center of both companies." Dick Miller will continue in sales, bringing along key service personnel from Stateline in order to continue serving the customer base with the same high level of service to which they have become accustomed.

Details of the transaction are confidential.

Prosperity Plus offers a full range of merger and acquisition services. The consultancy may represent either the buyer or the seller in a transaction. If you are thinking of selling your business or looking to buy another dealership contact Jim Kahrs at Prosperity Plus at 631-382-7762 or jkahrs@prosperityplus.com. You may also get some insight into the drivers of business value by completing the ValueBuilder questionnaire available at http://www.prosperityplus.biz/Value-Builder.html

Details of the transaction are confidential.
Contact Information
Prosperity Plus Management Consulting
Tim Votapka
631-382-7762
Contact
prosperityplus.com

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