MANCHESTER – Business Transition Strategies, a division of New Hampshire Business Sales is pleased to announce the acquisition of Surplus Office Equipment, by Jeff Gagnon the owner of Office Alternatives, LLC.
Mr. Gagnon is a 15 year employee of Surplus Office Equipment. The management buyout transition between former owner Gagne and his employee was coordinated by BTS, which works with business owners across the state to accomplish their goals.
The transaction, finalized March 9, keeps the company in familiar hands while preserving jobs and maintaining the long term business relationships that have contributed to the company’s success.
Surplus Office Equipment, a 27 year old company, is Northern New England’s largest pre-owned office furniture dealer, and is poised for further growth in its new location at 186 Commercial Street, in the heart of downtown, with an additional location in Nashua.
The acquisition was funded by Centrix Bank and the financing was coordinated by Kevin Finke.