LMI Solutions Acquires Printersdirect

Phoenix-based LMI Solutions (LMI), a R2 certified remanufacturer, distributor and recycler of award winning replacement monochrome and color toner cartridges, today announced the acquisition of Printersdirect LLC (Printersdirect), a remanufacturer of premium quality business printers based in Atlanta, Georgia.  The acquisition follows LMI’s purchase of Global Printer Services (GPS), consolidating the two leading providers of remanufactured printer hardware.  With the two acquisitions, LMI will be able to offer a complete end-to-end strategy to help clients grow recurring revenues and profitability with top quality remanufactured printers, remanufactured toner and managed print infrastructure services.

Gary Willert, President and CEO of LMI Solutions, said, “We’re listening to our customers and responding with investments like this acquisition to give dealers, whether buying direct or through distribution, another advantage over their competition. The remanufactured printer hardware category has become increasingly important to dealers who rely upon remanufactured consumables as a profitable alternative to high priced OEM. Many resellers have discovered after the fact that when customers ‘upgrade’ to new devices, they are also inadvertently returned to purchasing OEM cartridges. This causes the end users printing costs to dramatically increase and reseller profits to plummet.  As a result, solution resellers are asking for an alternative to new devices – a device that has been engineered to perform as well as new, but which utilizes affordable and sustainable cartridges. That solution is a high quality remanufactured printer.”

Steve Francis, President of Printersdirect, expressed his excitement to join forces with LMI, “We’re thrilled to position the team behind LMI’s ambitious strategy of providing the aftermarket with a full set of products and services that mirror the OEMs. With the combined strengths of the three organizations, we are uniquely positioned to support our partners and are focused on delivering advances in product quality, programs and after sales service. This is a big win for any reseller interested in maintaining and increasing their market share while expanding their imaging offering.”