Aug. 29, 2014 UBJ

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FINE PRINT Business briefs you can’t miss

Greer builder honored by Cabinet Makers Association Keith Smith Builders in Greer has won six Wood Diamond Awards from the Cabinet Makers Association. The awards were announced last week at the International Woodworking Fair in Atlanta. Keith Smith Builders won first place in the Architectural Millwork, Best Overall Project, Fireplace, Game Room, and Home Theater categories, and second place in the Residential Bar category. “With over 50

projects and the CMA members behind them being recognized for their extraordinary talents, it’s both humbling and inspiring to see the levels of style and execution from this group of world-class shops,” said Dave Grulke, CMA’s executive director. Builders of custom homes since 1969, Keith Smith Builders also provides home improvements, commercial tenant improvements and commercial and residential land development.

ScanSource announces intent to acquire European tech distributor Nearly a week after announcing plans to acquire a Brazilian communications distributor, Greenville-based ScanSource Inc., an international distributor of specialty technology products, has announced plans to boost its European presence with the acquisition of Imago Group plc, a value-added distributor of video and voice communications equipment and services. ScanSource will be acquiring Imago’s operations in the United Kingdom and France, and its recently acquired business in Germany, according to a statement released by ScanSource. The all-cash transaction as currently negotiated includes an initial purchase price of approximately GBP 24.5 million (approximately

US$41 million), plus earnout payments over the next two years, according to the statement. The company expects that Imago would operate as a separate business unit as part of the ScanSource video, voice and data strategy in Europe, according to the statement. Imago founder Ian Vickerage would remain as managing director of the company. Earlier this month, ScanSource announced plans to acquire Network1, a Brazilian value-added distributor of communications equipment and services.

SCBIO offers Startup Boot Camp SCBIO’s Startup Boot Camp on “Decisions, Dilemmas and Disasters” will be held on Sept. 11 from 9 a.m.3:30 p.m. at ICAR Campus Innovation Building, 5 Research Way, in Greenville. The boot camp is moderated by Tom Strange, director of research and development at St. Jude Medical. The event will include topics such as: “What Is It: Idea, Product or Business?” “The IP Strategy: Think Around the Box,” “Before You Raise the Money:

Avoiding Really Stupid Decisions,” “Making Sense: The Pitch, the Pitcher, the Catchers,” and personal experience presentations. Cost is $50 for a sponsored student, $100 for SCBIO members and $150 for nonmembers. For more information and to register, visit scbio.org.

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August 29, 2014

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