American TonerServ Engages Cowman Group Consulting Firm
SANTA ROSA, Calif. — American TonerServ Corp., a strategic consolidator, has engaged the Cowman Group consulting firm headed by Rob Cowman, a long-time consultant and former executive officer with 12 years experience in the printer supply and service industry. Cowman will work closely with senior management and ATS’s corporate development team to identify and assess acquisition prospects.
“Rob Cowman represented Tonertype in its successful sale to ATS in December of 2007,” said Dan Brinker, chief executive officer of American TonerServ. “He impressed our team with his deep industry knowledge and his broad range of contacts across the country. We very much look forward to working closely with him.”
The consulting agreement provides for a monthly fee plus a success fee in the event that ATS acquires any companies located by the Cowman Group. ATS is focusing on the top 30 metropolitan areas in the United States as it executes its strategy of consolidating the fragmented printer supply and service industry. The company has stated its goal to build an annual revenue run rate of approximately $45 million by the end of 2008. To date, ATS has made five acquisitions and established one startup operating company in pursuit of its goal.
“Given ATS’s highly competent leadership, ethical and cooperative corporate culture, business model and financial capability to effectively acquire and compensate independent companies,” Cowman said. “I consider them best suited to provide value-add while consolidating the industry. I am excited about the opportunity to represent and assist ATS in the attainment of their business growth objectives.“
Contact American TonerServ Corp.
- Toll free: 800-736-3515
- Ph: 415-369-9000
- E-mail: ir@AmericanTonerServ.com
