FOR IMMEDIATE RELEASE
February 20, 2015
Richmond, VA – Capital Business Brokers, a subsidiary of Transact Capital Partners LLC, is pleased to announce that Doubletooth Inc., dba Cartridge World – Innsbrook has been acquired by Bill Papierniak, private investor. Transact Capital served as the exclusive financial advisor to Cartridge World in closing the transaction.
This Cartridge World franchise was founded in 2004 and provides a full suite of printer services including selling ink and toner cartridges, refilling cartridges, and servicing printers. They will continue to grow their reputation for quality work and prompt delivery with a knowledgeable and experienced team. Bill Papierniak, previously the General Manager of the Richmond Flying Squirrels, brings a wealth of experience in marketing.
Barry Krauss, President of Capital business Brokers LLC helped facilitate the sale and assisted the owner in finding a buyer who could continue to operate the business maintaining the strong reputation, employee base and customer relationships that existed under his leadership. Barry stated: “The goal was finding a buyer who could effectively manage the Company and continue to satisfy the current clients, while taking Cartridge World to a higher level by finding new customers. I believe that Bill is suited for the job.”
Krauss has over three decades of hands-on experience, including business ownership, retail management, and commercial real estate sales, and thus understands the needs, challenges, and concerns of business ownership from the inside out.
Capital Business Brokers, LLC is a wholly owned subsidiary of Transact Capital Partners. Capital Business Brokers was created to serve smaller main street businesses with revenues typically below $2 million. Transact Capital Partners is a full-service mergers and acquisitions advisory firm headquartered in Richmond, VA, with offices in Roanoke and Tidewater, VA, Lexington, KY, Orlando, FL, and Central Pennsylvania. Transact focuses on the needs of small privately held companies in the lower middle market with enterprise values under $50 million. With extensive experience in owning, running, or investing in private companies or divisions of public companies, the firm’s principals are able to help many business owners exit their companies or explore other opportunities. Security transactions are offered through Transact Capital Securities, LLC. Member FINRA and SIPC.
To learn more about Transact Capital, please call Steve Zacharias at 804-612-7102 or e-mail at Steve@TransactCapital.com.
Transact Capital Partners
7400 Beaufont Springs Dr.
Richmond, VA 23225