Advanced Business Methods Acquires Central Business Systems, Inc in Jamestown, ND.
The acquisition of CBSI adds a central North Dakota location for ABM.
Jamestown, ND January 12th, 2024. Advanced Business Methods (ABM), a North Dakota office products and solutions company headquartered in West Fargo, ND, has acquired Central Business Systems, a Jamestown, ND based office equipment and document solutions provider since 1975. The official announcement was made in West Fargo on Friday, January 5th. The move to acquire CBSI first started in the Fall of 2023.
“We are excited to be partnering with such a great hometown organization”, said Jeff Ellingson President of ABM. “Dernel and Tracy have formed a great organization with a great staff, and we hope to continue that same path by providing exceptional sales, service, and products that all the CBSI customers have become accustomed to. We are thrilled that all the CBSI employees are becoming owners of the company through our ESOP, which will help continue the local hometown feel that is a standard with CBSI.”
The acquisition of CBSI fits into ABM’s mission and growth strategy. With the addition of CBSI, ABM will be able to add a central North Dakota location. ABM will expand its offerings to include document and electronic hardware destruction, as well as becoming an official Kyocera dealer in some of their markets.
According to Dernel Denning, the president of Central Business Systems Inc., “at CBSI we take pride in our customer care. Joining the ABM team, we know that our customers will continue to have excellent service and support. We are very excited to continue providing service to our community and to be a part of an employee-owned business.”
About Advanced Business Methods
Advanced Business Methods (ABM), a North Dakota Company, has been in the office machines business for over 52 years representing its product lines from Canon, Ricoh/Savin, Lexmark, and HP. ABM currently has additional offices in Bismarck, Grand Forks, Dickinson, and Minot; and resident technicians located in Williston, Devils Lake, Wahpeton, and Bemidji, Minnesota.
ABM is a 100% employee-owned company (ESOP). Currently, there are 85+
owners/employees on staff providing services and support. ABM owns and operates its own leasing company, thus not having the lease contract sold through a third party. ABM services all of North Dakota, Northern South Dakota, as well as Eastern Montana and Western Minnesota. This number does not reflect the hundreds more supported throughout the United States with their many National Account customers.
Media Contact:
Jeff Ellingson
President, Advanced Business Methods
Jeff.ellingson@abmnow.com
701-224-7077
www.abmnow.com
SOURCE Advanced Business Methods
