OSG Billing Services Acquires Illinois Printing, Electronic Solutions Firm
RIDGEFIELD PARK, N.J. - October 18, 2017 - OSG Billing Services (OSG), a leading provider of outsourced billing and statement services and customer communication management, has announced today that it has completed the acquisition of Microdynamics Group, a provider of integrated, multichannel transactional print and electronic solutions, headquartered in Naperville, Ill. The company will continue to be run by the current management team led by CEO, Thomas Harter Jr. Harter will also become an executive VP of OSG and lead the development of the financial services practice.
The acquisition joins together two industry leaders of outsourced critical customer communication services, including electronic document delivery, as well as traditional print and mail services. The acquisition allows OSG to expand its national footprint, strengthen its presence in the financial services market and enhance its business services offerings.
“Both companies share a customer-first philosophy and offer similar, front-line transactional document presentment and payment solutions,” says Scott Bernstein, OSG’s chairman and CEO. “By aligning the two companies, we are poised to augment our leadership position as a provider of best-in-class electronic and traditional print and mail solutions and accelerate the development and sales of new solutions.”
Harter also adds, "Microdynamics has never been in a better position to grow and prosper. We are tremendously excited about the positive impact this transaction will have on our business and on our relationship with our customers. We are looking forward to this next phase in our company’s growth.”
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of Printing Impressions.