OfficeTeam has announced the acquisition of ZenOffice Limited.
This is the 40th acquisition completed by OfficeTeam and looks to re-emerge the company as a natural home for dealers wishing to sell their business. It also reinforces the support Better Capital provide to OfficeTeam and the wider SPOT Group, providing opportunity for the future.
Les Kerr, Zen’s CEO said, “we are delighted to have completed on the transaction with OfficeTeam. Zen has seen tremendous growth in recent years and the coming together of these two great businesses under the same group can only help further develop the business. OfficeTeam, with its proven track record and highly experienced management team was the clear choice for Zen.”
Zen is best known for being strong in the MPS market, having won the Xerox Gold Concessionaire Partner of the Year for the second time. The company also has grown in business supplies solutions, providing its customer base a one stop shop for all consumable, capital and infrastructure requirements.
Jeff Whiteway, CEO of OfficeTeam added, “I have known the Zen business and the senior directors for many years, highly respect them and take this opportunity of welcoming them and their staff in to the Group. This acquisition provides a start for further growth within the OfficeTeam Group. Having made so many successful acquisitions, for both seller and buyer in the past, OfficeTeam are the perfect choice for building value.”
As in the past, the SPOT Group are supportive in providing the benefits and knowledge of OfficeTeam to supporting Spicers dealers. The Zen acquisition further supports that ability.