Smart Source Acquires Alpharetta-based Financial and Office Systems, Inc.

Staff Report From Metro Atlanta CEO

Thursday, February 14th, 2019

Smart Source is pleased to announce its acquisition of Financial and Office Systems, Inc. ("FOS") in Alpharetta, Georgia. Smart Source will be consolidating FOS's operations into its Suwanee, Georgia headquarters to increase efficiencies and leverage Smart Source's long-standing customer relationships with its innovate technology and business model.

Smart Source is a leading Brand Management Business Process Outsourcer ("BPO") and Technology provider headquartered in Atlanta, Georgia which sources printed and promotional products for both domestic and international customers. The Company has a successful reputation for integrating and growing existing customer relationships by leveraging its Brand Sourcing Technology to optimize customer pricing. As a result of this effort, and the success of our many customers, Smart Source has seen substantial growth and expansion in recent years. The acquisition of FOS will allow Smart Source to further increase market share and strengthen its existing Southeast operations. The acquisition also allows FOS to access the tools necessary to be a market leader and grow its business in an industry that continues to undergo change.

FOS is a family-owned and operated company founded 28 years ago and provides print, promotional and cash management supplies to medium and large organizations. The company, led by Glenn and Sandy Mueller, brings with it and related websites which provide cash management supplies nationally to small and large financial institutions, community organizations and school districts.

In announcing the acquisition, Tom D'Agostino Jr., Founder and CEO of Smart Source, stated "it is a pleasure to welcome Glenn and Sandy and their team to the Smart Source family and we are excited about the opportunity it provides their employees and customers. We will introduce FOS customers to Smart Source and offer our expanded platform of services and technology while continuing to provide great service. The addition of FOS will add a new revenue stream for Smart Source and widen its product offering to the financial services industry. We are excited to work with Glenn and Sandy Mueller and their entire team to grow our organization."

All inquiries should be directed to:

Jack D. Huber

Scott Rich
Senior Vice President of Sales