Courtesy: Reno Type
Printing, mailing and marketing company Reno Type recently acquired CDMS, a full-service logistics, document management and promotional company headquartered in Sparks.
Despite the purchase, Reno Type “will not be making operational or organizational changes to the company at this time,” according to an Aug. 23 press release, which notes that CDMS will retain its business name.
Terms of the transaction were not disclosed.
“There’s a lot of opportunity in our market, but it’s expanding rapidly while experiencing supply chain disruptions,” Reno Type President Kurt Hoge said in a statement. “This acquisition adds capabilities and a respected and skilled staff to ensure we continue to exceed client expectations, even in the face of these challenges.”
CDMS team members each received a raise, bonus, additional paid time off and access to a new retirement plan, according to the release.
“We want to reaffirm to CDMS team members that we believe them to be the heart and the strength of the company,” Hoge stated. “On day one, both teams connected to chart a mutually beneficial path for collective clientele. We are excited to see where we can collectively take our professional services in the future. I have no doubt we will do great things.”
In the release, Hoge expressed gratitude to CDMS’s former owner, Richard Dimmit.
“Both teams appreciate the contributions Richard made leading CDMS to offer unparalleled outcomes to clients,” said Hoge. “We wish him well in his next great chapter.”