Rockwood Equity Partners has completed a recapitalization of Superior Office Systems (SOS) in partnership with existing management, Eric Wolf and Tim Glover. Founded in 1999 and headquartered in New York City, SOS is an office equipment dealer providing world-class sales and services to its clients through its partnerships with some of the largest office equipment manufacturers and its differentiated service model. SOS’s reputation for best in-market service, repairs, and maintenance for its clients has enabled it to build a broad customer base over the last twenty years.
Eric Wolf and Tim Glover, SOS’s Co-Founders, commented “We are excited to partner with Rockwood. Their emphasis on the importance of culture and 20 year track record of successfully assisting businesses like ours grow made this decision easy. In Rockwood, SOS now has a partner that clearly adds value to our business and will help us grow into new markets. It is certainly an exciting time to be in our industry.”
“As a specialized business-to-business service provider, SOS is a great addition to the Rockwood portfolio, given its strong market reputation and the vision of its management team for expanding its current business,” said Brett Keith, Managing Partner of Rockwood. “The team has identified significant growth opportunities, and Rockwood is ready to support them with executing on those initiatives.”
SOS is actively evaluating add-on acquisitions of other office equipment dealers. Please contact Kate Faust, Partner, Business Development at Rockwood Equity Partners, at firstname.lastname@example.org or 216-278-7070 with any potential opportunities.
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Superior Office Systems is an office equipment dealer and services, maintenance and repairs provider serving local businesses in New York City and surrounding areas. SOS has been selling and servicing copiers, printers, and scanners for more than 19 years.
Rockwood Equity Partners is an operationally-focused investment firm serving lower middle market businesses in regulated industries, including healthcare, aerospace and defense and process control, as well as specialized industrial and business-to-business companies. The firm invests in corporate divestitures/carve-outs and privately-owned manufacturers, value-added distributors and industrial service companies with $2 – $7 million in EBITDA ($10 – $75 million in revenues). Rockwood takes a values-based approach to sourcing and investing in businesses and looks to leverage its Rockwood River GuideTM network and proprietary tool kit for growing lower middle market businesses. Rockwood has offices in Cleveland, Denver and New York.