Smart Source Acquires Superior Business Solutions
Distributor Smart Source, based in Suwanee, Georgia, has acquired the majority of assets of Superior Business Solutions (PPAI 103311, D9) in Kalamazoo, Michigan. Superior Business Solutions was founded in 1924 by Robert English, and today offers document management services, along with printed materials and promotional products to its clients. The acquisition brings together Smart Source's technology and corporate footprint and the highly regarded reputation of the third-generation-led Superior Business Solutions to provide synergistic benefits to both companies.
Smart Source is a brand management business process outsourcer and technology provider which sources printed materials and promotional products for both domestic and international customers. The company has a reputation for successfully integrating and growing existing customer relationships by leveraging its brand sourcing technology to optimize customer pricing. As a result of this effort, and the success of its customers, Smart Source has seen substantial growth and expansion in recent years. The distributor notes that the acquisition of Superior Business Solutions will allow Smart Source to further increase market share in the Midwest, and Superior Business Solutions to access the tools necessary to be a market leader and grow its business in an industry that continues to undergo change.
In announcing the acquisition, Scott Rich, SVP of sales of Smart Source, adds, "It is a pleasure to welcome Superior Business Solutions team to the Smart Source family. Their reputation in the industry is outstanding and compliments the Smart Source culture."
Sara Horn, chief operating officer, notes that she is "looking forward to enhancing our combined resources, technology and operational efficiencies which will benefit our clients and continue to position Smart Source as an industry leader."
Superior Business Solutions is a privately-owned company with locations throughout the Midwest. Bill English, Superior Business Solutions' president, says, "I am looking forward to helping make Smart Source an even stronger and more resourceful company. We will be looking for other strategic additions to Smart Source in terms of geography, capabilities and cultural fit."
Tim English, vice president, adds, "I am excited to see the next chapter of Superior Business Solutions. Being a five-time winner of Best in Print and Digital proves our team is already very good at taking care of our customers. With the additional resources Smart Source brings to our team and customers, I know we can take this to a whole new level throughout the Midwest."
Tom D'Agostino, Jr., CEO of Smart Source, says, "This deal is very meaningful for us as well as our industry. While Tim English and his sales team will focus on organically growing their accounts, Bill English will be heading Smart Source's M&A effort, offering other distributors a path forward to greater enhance the value of their business."