Laser Options Acquired By Private Equity Investor

Phoenix, Arizona-based Laser Options, a provider of managed printing services, printer service and re-manufacturer of laser toner cartridges, has been acquired by private equity investor Oval Partners, the two said last week. Financial terms of the acquisition and investment were not announced. Oval Partners said the acquisition will help bolster its existing business, FlexPrint, which provides managed print services. Laser Options was led by Jeff Masters, who will remain President and CEO of the acquired company.