POS Professional Office Services, Inc. (POS) specializes in the manufacture and marketing of printed business forms, filing systems, and related products to health care professionals and businesses. POS services more than 26,000 customers nationwide and began operations in Waterloo, IA in 1970.
SOLION was a relatively small division of London-based and public $2Bil Sage...SOLION did the exact same things as POS with the exception that they had no manufacturing. A "plus" for POS...
After learning that Sage might be receptive to a possible divestiture of SOLION we presented but one company to Sage as a potential acquiror...POS.
Sage was delighted to have divested a business unit to a synergistic acquiror like POS...and POS was most happy to enhance their position in the Northeast by adding a location in Walpole, MA.