Staples has acquired HiTouch Business Services, one of the largest independent office products dealers in the U.S.
HiTouch will now be a part of the Staples Business Advantage delivery organization, and its customers will have access to an expanded assortment of products, e-commerce tools and supply chain, while still receiving the same level of one-on-one service from HiTouch’s local sales teams. HiTouch’s marketplace website will continue to serve as an independent platform run by its management team, and will help Staples’ growth into alternative distribution channels.
“We think Staples can bring tremendous value to HiTouch Business Services in the form of more robust capabilities and the scale that comes with being the industry leader for workplace solutions,” said Sandy Douglas, CEO, Staples. “The combination of HiTouch’s sales organization and the strength of Staples will allow us to give customers an even higher level of service. We will continue to look for strategic opportunities like this one where we feel we can help create better options for businesses in the marketplace.”
Terms of the deal were not disclosed.