ImageNet acquires Progressive Business Equipment

ImageNet has acquired Progressive Business Equipment! Zygoquest Group has reported that they advised the firm on the recent acquisition. Here is the email we received on the sale.

October 2017 – Mike Dudek and Rich Wisniewski of Zygoquest Group “seeking to unite” served as the advisor to ImageNet Consulting and its President Pat Russell on the purchase of assets of Progressive Business Equipment.  Terms of the transaction are confidential.

About Progressive Business Equipment (www.progressivebusinessequipment.com)

Progressive Business Equipment, which was owned and operated by Gerry and Pam Clark, was an office equipment and services dealer located in Saint Louis, Missouri.  Gerry and Pam Clark founded Progressive Business Equipment over 25 years ago to provide Midwest customers with best in class hardware and software.  Over its 25-year history, Progressive had been a premier supplier for Xerox, Savin/Ricoh, Lexmark, HP, Laserfiche and other national brands of copiers, printers, fax, MFP’s and managed print services.

About ImageNet Consulting (www.imagenetconsulting.com)

ImageNet Consulting, LLC, whose President is Pat Russell is one of the largest independent office equipment dealers in the United States and an industry leader in providing world class network connected document management products, professional services and software solutions which enable customers to effectively and efficiently manage their documents.  ImageNet Consulting is headquartered in Oklahoma City, OK and has operating locations throughout Oklahoma, Texas, New Mexico, Colorado, Missouri and Florida.

About Zygoquest Group and Mike Dudek (www.zygoquest.com)

Mike Dudek, an attorney and CPA, is the owner of Zygoquest Group “seeking to unite” which provides customized merger & acquisition services to buyers & sellers of companies.  Zygoquest is the #1 M&A authority in the office products industry.  Mike Dudek & Rich Wisniewski are authors of over 500 consummated M&A transactions including many technology services acquisitions during their careers.  Prior to founding Zygoquest, Mike Dudek was Vice-President of Acquisitions for IKON Office Solutions, a $5.5 billion NYSE company acquired by Ricoh Corporation.  Mike Dudek has evaluated transactions ranging from the smallest transactions to the largest deals in the office products industry – from million-dollar deals to billion-dollar deals.  The Zygoquest website contains deals you will recognize.  See www.zygoquest.com.

About Law Office of Mike Dudek (www.mikedudeklaw.com)

Mike Dudek also owns the Law Office of Mike Dudek which provides owners and executives with customized and affordable legal services on mergers and acquisitions and other complex business transactions.  See www.mikedudeklaw.com.


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