Oval Partners Makes Strategic Investment in Shamrock Office Solutions

Oval Partners Makes Strategic Investment in Shamrock Office Solutions

Flex Technology Group increases Bay Area market share with the addition of Shamrock Office Solutions

Oval Partners, a San Francisco-based, multifamily office private equity firm, today announced a new partnership with Shamrock Office Solutions, a premier Ricoh dealer that provides business technology solutions to thousands of businesses in northern California.

Shamrock has served the San Francisco Bay Area since 2000 with offices in Dublin, Monterey and Silicon Valley helping businesses integrate office equipment with document management and information technology. Shamrock has a reputation for the highest quality service in the Bay Area while delivering a total business technology solution.

“Shamrock has established itself as a trusted and successful company in a very competitive marketplace. Brian and his entire team will add tremendous value to Flex Technology Group. We look forward to their continued growth and success as an important part of the Flex Technology Group,” states Frank Gaspari, CEO of Flex Technology Group.

“We’re extremely excited to partner with the Flex Technology Group,” said Brian Driscoll, founder, president and CEO of Shamrock Office Solutions. “We recognize that combining our resources with the Flex Technology Group will offer unique advantages and have the potential to unlock enormous opportunities.”

Shamrock Office Solutions will join Flex Technology Group to leverage the combined resources of the companies while maintaining independence in day-to-day operations. Shamrock’s executive team will remain in their leadership roles to ensure the company’s continued success in serving its employees, customers and community. Mr. Driscoll will also be an equity holder in FlexPrint LLC.

About Oval Partners

Oval Partners is a multifamily 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 timeframe 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 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 contact Dan Ruhl at dan@ovalpartners.com or visit www.OvalPartners.com.

About FlexPrint LLC

FlexPrint and its family of companies, referred to as the Flex Technology Group, provide customized office technology solutions for national and leading-edge regional companies. We focus on print, document management, document production and managed IT solutions, representing industry-leading suppliers such as Canon, Ricoh, Konica Minolta, HP, Lexmark and various software solutions. We proudly service almost 30,000 customers nationally. For additional information, please visit www.flextg.com.

About Shamrock Office Solutions

Serving the San Francisco Bay Area for more than 10 years, Shamrock is a locally owned and operated company dedicated to providing technology solutions to over 2,000 companies. Shamrock features the best digital office equipment and document management software, with the most prompt, professional, courteous service in our industry. They constantly strive to exceed customers’ expectations. Their wide range of products (full line of copiers, faxes, printers and scanners) and services allows Shamrock to be an asset to companies large and small. Their customer base ranges in size from small sole proprietorships to large Fortune 500 companies prominently listed on the NYSE, as well as colleges, universities and school districts. For additional information, please visit www.shamrockoffice.com.

Source: Flex Technology Group