Flex Technology Group

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Flex Technology Group - overview

Established

2005

Location

Mesa, AZ, US

Primary Industry

Business Support Services

About

Flex Technology Group (FTG) provides customized managed print services and office technology solutions, focusing on operational efficiency and print security for diverse industries. Founded in 2005 and based in Mesa, US, Flex Technology Group specializes in managed print services. It has established itself as a provider of comprehensive print solutions, adapting its offerings to meet client needs over the years. The CEO, Frank Gaspari, has led the company since its inception, contributing to its growth and strategic direction.


Notably, Oval Partners acquired Flex Technology Group, though financial terms were not disclosed. Flex Technology Group (FTG) specializes in providing customized managed print services and office technology solutions. Their core offerings include a comprehensive analysis of existing print devices, optimization of printing systems, and the implementation of predictive analytics to enhance operational efficiency and reduce costs for clients. FTG also focuses on print security solutions designed to identify firmware vulnerabilities, thereby protecting businesses from potential document breaches.


The company serves a diverse client base across multiple industries, including healthcare, education, manufacturing, and retail, with products and services tailored to meet the specific needs of organizations ranging from small to large enterprises. FTG operates in various geographical markets across the United States, including metropolitan areas like New York, Chicago, and Los Angeles. The revenue model for Flex Technology Group is structured around managed print services, which involves a systematic approach to analyzing a client's print operations, recommending fleet improvements, and managing service delivery. Clients typically engage with FTG through service agreements that encompass a combination of subscription-based pricing and transactional arrangements, facilitating an ongoing partnership for equipment maintenance and support.


The firm's flagship services include managed print services that cater to multiple brands and types of printing equipment, thereby supporting a wide range of client needs. Pricing structures are based on various factors such as device type, service level agreements, and volume of print output, ensuring that clients receive tailored solutions that align with their operational requirements. FTG's commitment to delivering value through these services positions them as a leading provider in the managed print sector, further enhancing their revenue potential. Flex Technology Group aims to expand its offerings and penetrate new markets.


Upcoming product launches are planned, although specific release dates have not been disclosed. The company is targeting expansion in various regions across the United States to better serve its clients. Recent funding from Oval Partners will be strategically utilized to support these initiatives, enhancing product development and market presence.


Current Investors

Oval Partners

Primary Industry

Business Support Services

Sub Industries

Commercial Printing, IT Infrastructure

Website

www.flextg.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Flex Technology Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedStandard Office Systems-
Add-onCompletedCopy Link-
Add-onCompletedUltrex Business Products Inc-
Add-onCompletedLaser Technologies Service, Inc.-
Add-onCompletedMillennium Business Systems LLC-

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