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Wizix Technology acquires Standard Business Solutions
Wizix Technology acquires Standard Business Solutions

Business Journals

time24-04-2025

  • Business
  • Business Journals

Wizix Technology acquires Standard Business Solutions

By submitting your information you are agreeing to our Privacy Policy and User Agreement . Join the Sacramento Business Journal to unlock even more insights! Roseville-based office technology company Wizix Technology Group Inc. has acquired Standard Business Solutions, a 45-year-old San Jose office technology company. The acquisition gives Wizix more customer connections and contracts in its largest market, said Eric McIntosh, senior vice president with Wizix. 'At Wizix we believe in building strong relationships, both with our customers and within our company. As a family-founded business ourselves, we deeply respect the legacy that the Foley family has built SBS into over the past 45 years,' said Wizix CEO Gary Johnson, in a news release. 'This acquisition allows us to continue their legacy while expanding our service capabilities and their product offerings in the Bay Area.' GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events The Standard Business Solutions team in San Jose will now work out of Wizix's existing office there, which services the Silicon Valley up to San Francisco, McIntosh said. 'It's a pretty cool company. It's a family business that was started by Ed Foley in 1980 repairing commercial typewriters. Then his sons took it over,' McIntosh said. The owners of the business are retiring, and the five employees are staying on under Wizix, McIntosh said. 'The customers are good to get, but the experienced employees are also important," he said. "Good employees are hard to find." Wizix now has just around 100 employees, he said. With the new San Jose deal, Wizix has now closed nine acquisitions since its founding by Johnson in 2017. Three of those acquisitions have been in the past eight months. Wizix does not disclose the value of transactions, McIntosh said. In the early 1990s, Johnson started Zoom Imaging Solutions in Roseville, which he sold in 2012 to Global Imaging Systems, a subsidiary of Xerox Corp. Johnson stayed on with Global Imaging until 2016. In 2017, Johnson started Wizix and then expanded it with a string of acquisitions of independent sales and service shops The office technology business is dominated by copiers and duplicators making print items for businesses or schools. 'We're extremely bullish on print,' McIntosh said. 'People are talking about going fully digital, but they still want print.' In the past few years, Wizix has also expanded to installing and servicing EV chargers across California and Nevada. Wizix was the region's 47th-fastest growing company in 2024, based on three-year growth through 2023. It ended 2023 with revenue of $16.2 million, up 23% over three years.

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