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Flex makes another investment

Flex makes another investment

February 11, 2020

Flex Technology Group has announced the strategic investment in Ultrex Business Solutions to expand its market share in California.

Flex Technology Group and Oval Partners, a San Francisco-based, multi-family office private equity firm, announced a new partnership with Ultrex Business Solutions, a technology solutions company with expertise in managed print, IT services, and information management.

Ultrex Business Solutions has provided California with office technology solutions for well over three decades. With locations in Bakersfield, San Luis Obispo, Santa Barbara, and Ventura, Ultrex services a wide range of organisations across the region. From small to medium-size companies to large enterprises and government institutions, their team of technology experts can help any organization optimise their business processes through the latest hardware and software solutions.

“We are pleased to announce that Ultrex Business Solutions is now part of the Flex Technology Group family of companies as we continue to aggressively expand our market share,” said Frank Gaspari, CEO of FlexPrint LLC. “Rolf Berkefeld has developed a great team at Ultrex and we’re enthusiastic for the opportunity to build upon their already successful business model.”

“Adding Ultrex Business Solutions strengthens our collective presence in the West,” said Dan Reilly, President of Caltronics Business Systems. “We look forward to working with their great employees.”

“We are very excited to join the Flex Technology Group and work closely with Caltronics Business Systems,” said Rolf Berkefeld, President of Ultrex Business Solutions. “We believe that joining FTG brings a level of technology and resources for us to offer more to our employees and clients.”

Ultrex Business Solutions will roll under Caltronics Business Systems but will continue to operate independently leveraging the resources of the combined group. While Berkefeld plans on enjoying retirement following the transition, the remainder of the Ultrex executive team will stay in their leadership roles to ensure the company’s continued success in serving its employees, customers, and community, Flex Technology Group added.

Categories : City News

Tags : Flex Technology Group Investment Oval Partners

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