Oscar W. Larson Co. in Clarkston has acquired Capitol Business Equipment Inc. in Montgomery, Ala. Terms of the deal were not disclosed.
CBE specializes in remote and on-premise large-scale technology deployments, long-term managed service, and repair and maintenance of nearly any type of in-store hardware and software technology, including loss prevention technology, point of sale systems, and network solutions.
The acquisition further bolsters Oscar Larson’s service offering and footprint that have been built to serve its customers nationwide.
“The CBE partnership, and the recent acquisitions of WildcoPES and Cox Service Station Maintenance, are game changers for the company,” says Charlie Burns, president of Oscar Larson. “We are well positioned to be the nation’s partner of choice for in and out of store facility maintenance and service to energy infrastructure.”
Oscar Larson is a portfolio company of Trive Capital and strategic partner of SideKick Operators, a Texas-based strategic investment and advisory firm.
“We are thrilled about the partnership with CBE,” says Justin Steen, CEO of SideKick. “The company has a strong reputation and delivers exceptional service, making them a perfect partner for OWL’s mission to deliver best-in-class service nationwide.”
According to Oscar Larson, it is actively seeking add-on opportunities in the equipment distribution and installation, testing, inspection, maintenance, and repair services markets within the QSR or energy infrastructure industries.
