News Summary
WiZiX Technology Group, based in Sacramento, has acquired California Business Machines (CBM) in Fresno, marking its seventh acquisition in seven years. CBM will operate as an independent subsidiary, prioritizing service quality under the management of Teri Brymer. The acquisition strengthens WiZiX’s position in the office technology market and shows the company’s commitment to high customer service standards. With a history dating back to 1953, CBM has been recognized for excellence in the local community, making it a valuable addition to WiZiX’s growing portfolio.
California – WiZiX Technology Group, Inc., a rapidly growing firm based in the Sacramento area, has acquired California Business Machines, Inc. (CBM), a Fresno-based office equipment company that has been in operation since 1953. This acquisition represents WiZiX’s seventh since the company was established just seven years ago, demonstrating its aggressive expansion strategy in the office technology market.
The integration of CBM into WiZiX is anticipated to yield positive results for both companies. CBM, known for its dedication to customer service, support, and satisfaction, will continue to operate as an independent subsidiary. Teri Brymer, the daughter of the founders Ray and Lorraine McNally, currently manages CBM and intends to maintain its focus on the quality of service for both employees and customers, whom she considers family.
WiZiX Technology Group has gained recognition as one of Sacramento’s Top 50 Fastest Growing Companies, showcasing its impressive trajectory in the business sector. The company has previously acquired six other businesses, including notable names such as Stanton Office Machines and Toshiba America Business Solutions. It is projected that WiZiX will refresh its operations entering its eighth year in business with the anticipated close of its eighth acquisition by October 1.
The acquisition is a significant milestone for WiZiX, with company president and CEO Gary Johnson emphasizing the strong alignment of values between WiZiX and CBM, particularly a commitment to high-quality customer service. Johnson has deep ties to Fresno and a long history within the office equipment industry, making the partnership meaningful for both entities involved.
California Business Machines, recognized multiple times with the Best of Central Valley Business Readers’ Choice Award in the category of Best Office Equipment Company, has been a staple in the Fresno community since its inception. Founded by Ray and Lorraine McNally on Inyo Street in Downtown Fresno, CBM specializes in office automation technology provision, retail, and service. Its enduring presence and reputation in the local area are key components that made it an appealing acquisition target for WiZiX.
Teri Brymer has been a paramount figure in CBM’s operations, having been involved with the family business since her years at Fresno State in the early 1970s. Her leadership, along with the dedication of the CBM team, provides a solid foundation as the company transitions under the WiZiX umbrella. The move aligns with Brymer’s philosophy of treating employees and clients as family, promising a smooth transition as they move forward together.
WiZiX has attributed over 60% of its revenue to organic growth, reflecting its successful business model and solidifying its position within the competitive office equipment sector. As businesses continue to adapt to technological changes, WiZiX’s strategic acquisitions are designed to enhance its service offerings and customer satisfaction, reinforcing its market position.
The acquisition of CBM not only expands WiZiX’s operational capabilities but also deepens its roots within the Fresno community, where both companies have longstanding connections. This collaborative effort indicates a promising future for both organizations, with a focus on providing excellent service and maintaining strong community ties.
Deeper Dive: News & Info About This Topic
- The Business Journal: California Business Machines Acquired
- Wikipedia: Business acquisition
- Fresno Bee: Local News on Acquisition
- Google Search: California Business Machines
- The Business Journal: Central Valley Business Awards
- Google Scholar: Office Equipment Industry
- ABC30: ATM Stolen at Nail Salon in Fresno
- Encyclopedia Britannica: Business
