- Blackford Capital announced that it invested an undisclosed amount in Cartridge World’s United States-based business
- The private-equity firm, which is headquartered in Grand Rapids, MI, said it has purchased Cartridge World’s “brand licensing rights covering the United States territory” and acquired a business that “oversees a network of master franchisees in the U.S. territory.”
- “will undoubtedly serve as a catalyst for industry disruption”
- “have the ability to profitably” service various market segments, including home, small, mid-size, and enterprise.”
- Cartridge World’s U.S.-based operation, which is headquartered in McHenry, IL, currently operates “nearly 230 franchised retail store locations.”
- “capitalizing on certain business model changes and taking advantage of key industry trends, such as bundling hardware (printers and MFPs0 and supplies, establishing longer-term contracts with customers, and focusing on the small and home office markets.
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