Stargel Office Solutions, a Houston-based independent office technology dealer, has acquired Round Rock Copier, an office equipment company serving the Greater Austin area. Financial information was not disclosed.
This is technology M&A deal number 254 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
Stargel Office Solutions, founded in 1987, is based in Houston, Texas. The company has 82 employees listed on LinkedIn. Stargel’s areas of expertise include sales and service on multifunction printers, copiers, and scanners, as well as Managed IT Services, Managed Print Services, Production Print, Document Software, and Digital Signage Solutions.
Round Rock Copier, established 24 years ago, is located in suburban Austin, Texas. The company has two employees listed on LinkedIn. Round Rock Copier’s expertise is in office equipment sales and services.
Stargel Office Solutions says it will maintain the Round Rock Copier name and will temporarily occupy its location in Round Rock, Texas.
Plans for Expansion and Growth
The purchase of Round Rock Copier aligns with Stargel Office Solutions' growth strategy to venture into new markets.
Even while headquartered in Houston, the company has already catered to numerous clients in Austin. The acquisition is also timely as one of Stargel’s larger clients inaugurates a new location in Austin.
Stargel Acquires Round Rock Copier: Leadership Insight
Tyson Stargel, Co-President, Stargel Office Solutions, commented:
"This is the right time for us to have a stronger presence in the Austin market. When we met with the Dillards and learned they were interested in selling their company, we were able to reach an agreement that was beneficial for everyone.”
Slade Stargel, Co-President, Stargel Office Solutions, noted:
“This acquisition gives us the ability not only to sell into this new market but affirms our commitment to developing long-lasting client partnerships, and provide exceptional service with more capabilities to offer. We have plans to expand the technical support team in the near future, and then add an account executive.”
“We are very pleased to expand into the greater Austin area and look forward to building upon the good work that the Dillard family has done over the last two decades. They have established a strong company and enjoy a great reputation in the industry. We wish them the very best in their new endeavor and thank them for the chance to carry on the Round Rock Copier name and brand.”