Safeguard Acquires Financial Institution Supplies Inc. (FISI)
Founded in 2006, FISI is a recognized leader in office consumables and print supply chain management. Through FISI's expertise in supply chain management, technology and service solutions, the brand has been able to help its customers improve business processes and cut costs. Additionally, FISI is an expert in a core group of marketplaces, offering integrated programs for financial, healthcare and manufacturing markets.
The addition of FISI to the Safeguard network is the latest transaction involving some of the largest, most recognized enterprises in the industry, including six Top 50 PSDA Member Distributors: Prime Business Solutions, IBF, Innovative Print & Media Group, DocuSource Print Management, Consolidated Graphic Communications (CGC) and SWAG - Safeguard Web and Graphics. Terms of the acquisition were not announced.
"The FISI organization is an amazing one and we're thrilled to have them as a part of the Safeguard network," said R. Scott Sutton, vice president of Safeguard. "The caliber of the team, their commitment to the customer and their focus on innovation aligns perfectly with Safeguard's vision and mission for the future. With their customer-focused initiatives and our industry-leading expertise in the financial institution space, we expect to provide the customer with even more products and services aimed not just at helping customers run their businesses, but also to grow their businesses. This approach is how we'll collectively continue to offer a value-proposition unlike any other in our markets."
For more information, visit www.safeguardbam.com.