The Cowman Group Brokers Deal Between Tonertype and ATS
AUSTIN, Texas — After several months of coordination and extensive negotiations, The Cowman Group announced its integral role in the ongoing acquisition of Tonertype by American TonerServ Corp.
“I am honored to have participated in the execution of key strategic actions of my clients, David and Buddy Shaver, owners of Tonertype,” said Rob Cowman, president, TCG. “Given the escalating consolidation and the competitive intensity of the industry, it is imperative that companies examine the benefits of merging resources with like-minded partners in order to elevate their future performance and competitive position. In this instance, Tonertype is afforded the opportunity to fulfill long-term strategic growth plans by combining their successful business and core competencies with acquirers like ATS, who have the financial resources to literally take Tonertype to the next level.”
“As we continue to work through the due diligence process, it is important that this merging of assets brings great confidence to our valued customers,” said Buddy Shaver, Tonertype’s co-owner.
David Shaver added, “We take great confidence in the fact that this arrangement enables us to not only incur an ownership stake in ATS, but also retain day-to-day management of Tonertype. This deal will create individual growth opportunities for our employees, suppliers and most importantly, our beloved customers. Other than enhanced processes and operating systems, the only noticeable change moving forward will be the incredible opportunities open to our key internal and external relationships.”
Contact The Cowman Group
- Ph: 512-680-3060
- Fax: 512-363-5673
- E-mail: robcowman@cowmangroup.com
This article originally appeared in the July 2007 issue of Recharger.