Fast-growing dealer ACS Group has forged a strategic alliance with fellow reseller Upstream Workplace Solutions.
ACS has acquired a 50% stake in Upstream. It is a move aimed at offering both businesses extended reach and enhanced services, creating greater value for their customers.
With combined annual revenues of £36 million, the companies will continue to operate independently under their current brand names. However, by combining supply chains and leveraging shared platforms, expertise and added scale, they expect significant improvements in operational efficiencies and purchasing power.
Founded in 2008, ACS – the 2024 European Office Products Awards Reseller of the Year – operates across five divisions (Interiors, IT, Office, Print and MPS) and employs 115 staff. Upstream (formerly OfficeScape) has been in business for just 12 years, but has built a strong reputation for delivering innovative solutions that enhance workplace efficiency and productivity. In 2021, it was named Reseller of the Year at the BOSS Awards.
“This strategic alliance will not only enhance our operational efficiency, but also open up new avenues for innovation and growth. Together, we are poised to deliver even greater value to our customers and strengthen our competitive edge in the market,” said ACS Group’s Managing Director Mike Hussain.
Andy Greening, his counterpart at Upstream, added: “ACS and Upstream have demonstrated their appetite to work closely together for the betterment of both companies in the past, and we are looking forward to developing closer ties and exploring a vast range of opportunities in the coming months.”
