Blackford Capital Invests in Online Tech Stores

Sourced from: FINSMES

Online Tech Stores, a Reno, Nevada-based wholesale distributor of aftermarket imaging supplies and accessories, has received an investment from Blackford Capital, a national private equity firm.

Debt financing was provided by the Fifth Third Bank, with support from syndicate partners Union Bank and Zions Bank, and OFS Capital Corporation. The deal’s amount was not disclosed.

The company intends to use the funds to continue expanding its businesses.

Founded by Bob Willmes in 2009, Online Tech Stores is now the largest importer of toner products in the United States, offering a comprehensive portfolio of over 3,000 products.