Fisher’s Technology has acquired Terrell’s Office Solutions to continue the firm's expansion within central and eastern Montana. Financial terms of the deal were not disclosed.
This is technology M&A deal number 447 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
Fisher's Technology Acquires Terrell's Office Solutions
Fisher’s Technology is an 86-year-old company originally from Boise, Idaho. The company has more than 170 employees across four locations in Idaho, six locations in Montana including in Bozeman, Billings, Missoula, Great Falls, Helena and Butte and a location in Spokane, Washington, according to Fisher's. Fisher’s offerings in copy/print technology and also provides managed IT services, telephone systems, and document management solutions as well as a larger portfolio in production print and managed print services.
Fisher’s and Terrell’s teams will merge at Terrell’s Bozeman, MT location and Terrell’s Billings team will be moving into Fisher’s Billings location. Terrell's CEO and president Phil Angell will remain in his leadership role for Fisher's offices in Bozeman and Billings, the companies said.
Phil Angell, president and CEO, Terrell's Office Solutions
Chris Taylor, Fisher’s president and CEO, commented on the news:
“We could not be more excited to serve the businesses and communities of Billings and Bozeman. Montana is a truly amazing place with thriving, innovative companies that deserve high performing technology supported by a high-quality service team. Fisher’s top priority is ensuring that the Terrell's customers experience the same great service as they always have. Like Terrell's, Fisher’s mission is to make our customers extremely happy with their office technology, all while having fun in the process.”
Phil Angell, president and CEO, Terrell's Office Solutions, added:
"It was not easy selecting a company to acquire Terrell’s Office Solutions, but after meeting the leadership team at Fishers Technology, I felt 100% confident that Terrell’s Office Solutions made the right choice and that our customers and all the employees are in great hands.”
Office Equipment M&A
Office equipment dealers, multi-function printer (MFP) partners, copier resellers and managed print services (MPS) partners remain busy buying one another. Most recently, EDGE Business Systems acquired North Georgia Business Machines. In April 2022, Imagetec acquired a managed print division from ITsavvy. In October 2021, ImageOne acquired Quantum Technologies, a Xerox and HP Inc. partner. The deal united two well-known managed print services (MPS) provider companies. And in September 2021, Marco Technologies acquired Wisconsin Imaging Solutions, a copier and printer company in New Berlin, Wisconsin.
ChannelE2E maintains a continually updated merger and acquisition (M&A) list tracking those parties, which you can access here.
