Press Releases
Lonesource, Inc., Acquires Better Business Forms & Products of Greensboro
CARY, NC - November 12, 2008 - Lonesource, Inc., a company that helps businesses to quickly and easily obtain the everyday products and supplies they rely on to do business announced today that it has acquired Greensboro, N.C.-based Better Business Forms & Products (BBF).
With this transaction, Lonesource, Inc. now offers complementary products and services for any business large and small.
- The Lonesource solution is a hosted, Web-based product and service platform that Fortune 1000 companies use to optimize and manage spending across all corporate departments to increase profitability and dramatically simplify procure-to-pay processes.
- Business Supply is the company's retail Internet solution that serves the office supply needs of the small office/home office (SOHO) customers.
- Sunbelt Office Products is the company's service and sales engine for office products to the small-to-medium size businesses (SMBs) across the country. Sunbelt specializes in telesales, efficient delivery and world-class customer service.
- And now, BBF brings print and promotional products domain expertise, sales capabilities, warehouse storage and delivery for any business.
"This acquisition advances our mission to be, 'The only source you need. Period,'" said Lonesource Chief Executive Officer Bradley King. "We are combining a wide range of products, expertise and resources that will provide even greater value to all of our customers, employees and shareholders."
"Lonesource recognized that BBF's success with print and promotional products and services can be applied to every Lonesource customer and across every business large and small," said BBF President Tim Anderson. "This represents a tremendous growth opportunity for both companies."
BBF is headquartered in Greensboro, N.C. Over the past 25 years the company has enjoyed tremendous success and customer loyalty. BBF also brings to Lonesource, Inc. a nationwide network of manufacturers and suppliers in the print and promotional industry.
"Our goal is to provide customers with the best products and services available in the market, and we believe this acquisition will advance that goal," added King.
About Lonesource, Inc.
Founded in 2000 and headquartered in Cary, NC, Lonesource, Inc.'s goal is to be "The only source you need. Period." Lonesource at the core is a solutions company for all business consumables. The company is committed to building mutually profitable customer relationships by way of identifying unique solutions for our business partners. The company galvanizes those solutions through training and empowering every employee to handle every aspect of every transaction with every customer, every day. Simply stated, Lonesource is committed to delivering "Raving Fan" service every day ... all day.
The Lonesource companies can address solutions from the home office to large multi-location companies that use business consumables. The company can customize solutions from same day delivery on critical needs to cost containment technology that increases visibility and control into consumable product spending. Lonesource, Inc. provides the best people, products and technology that allow businesses to focus on their core operations.
Lonesource, Inc. serves companies in verticals such as banking/finance, contract research organizations (CROs)/pharmaceutical, and architectural/engineering (A/E).
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Media Contact:
Heather Hefner
Largemouth Communications (for Lonesource)
(919) 459-6454
heather@largemouthpr.com
© 2011 Lonesource