LMI Solutions Announces Strategic Investment in Parts Now

12-Oct-2015 2:49 PM | Anonymous member (Administrator)

Phoenix Arizona: LMI Solutions, an award winning provider of remanufactured print cartridges, remanufactured printers and Managed Print infrastructure is pleased announce a strategic investment in Parts Now, North America’s premier value-added supplier of printer parts and related accessories.

The investment made by LMI Solutions will bolster the capacity of both organizations to strengthen their value propositions and help customers grow both their imaging businesses and their profits. The investment strategy will also extend benefits enjoyed by end users through identified opportunities to enhance efficiencies and responsiveness at the dealer level.

“We are continuing to make the investments in people, technology and businesses like Parts Now to give LMI Reseller partners an unfair advantage over their competition Stated Gary Willert, President and CEO of LMI Solutions. “Parts Now has been a powerhouse in the industry for many years and we are very excited about the opportunity to leverage our synergies and expand our capabilities for existing and new customers of both organizations.”

The news marks another significant industry investment by LMI Solutions in the last year. In 2014, LMI announced the acquisition of two of the industry’s most reputable printer remanufacturers when LMI acquired both Printers Direct LLC and Global Printer Services LLC to become the largest Printer Remanufacturer in the World.

Michael Cox, Parts Now CEO, commented “This partnership better aligns Parts Now with a knowledgeable and successful industry partner, who truly understands the nuances of this market place.  Our partnership will allow us to deliver products, solutions and strategies that will benefit our loyal customer base.”

In addition to providing parts and imaging accessories to thousands of dealers, Parts Now is also a recognized leader for printer service training and technical support which continues to be in demand with the need to support A4 devices as part of a managed print deployment. 

Interested parties should contact their representative from LMI or Parts Now for more details on these products and solutions.

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