Tagged With "Aquisition"
Topic
Recent Marco Aquisition in New Jersey
In December 2019 Marco purchased Image Systems for business in Somerset, NJ. Many of us were surprised since the annual revenue was about 5 million (manta). Kind of small for a Marco purchase. In NJ there are Mega Dealers, and then the rest is well in the Image Systems size. Word on the street is that they will look to acquire 3-5 dealers in that 5 million range and then consolidate for one location. Again something I heard not gospel but it does make sense for the NJ market place