EDITED – The following release originally referenced “Advanced Business Automation Solutions.” The correct name is actually Alternative Business Automation Solutions. Sorry for the confusion!
Prosperity Plus Assists Complete Mailing Partners in the Acquisition of Alternative Business Automation Solutions
Smithtown, NY- Prosperity Plus Management Consulting, Inc. is pleased to announce that Complete Mailing Partners acquired Alternative Business Automation Solutions (ABAS). Prosperity Plus acted as an adviser to Bill Weir and his team at throughout the transaction.
Complete Mailing Partners (CMP) was founded in Dallas, TX in 2007 by Weir. CMP is fully equipped to handle their customers’ needs for postage meters, folders, folder-inserters, envelope addressing systems, automatic envelope openers, and the supplies required to maintain them.
In adding ABAS they now expand their offering to covered copy, print and wide format printing. In describing the transaction Weir was quoted as saying, “We are excited to expand our customer base to now include the FP-USA customers that were with ABAS as well as the new copy/print customers that will be coming along. Craig built a great company and we are honored that he selected CMP to carry the torch forward for him.”
The team at ABAS will be remaining on board going forward. Craig Wasilchak, the president of ABAS, will remain for a transition period before moving on the focus on the internet marketing company he recently formed. Of the transaction, Wasilchak said, “I am excited for the future of our customers and employees under the CMP umbrella. Bill has built a great company and I am confident they will do great things”.
Specific details are confidential and have not been released.
Prosperity Plus offers a full range of merger and acquisition services. We can represent either the buyer or the seller in a transaction. If you are thinking of selling your business or looking to buy another dealership give us a call. For more information please contact Jim Kahrs at Prosperity Plus Management Consulting, Inc., 631-382-7762 or jkahrs@prosperityplus.com.
SOURCE Prosperity Plus