Written on: October 18, 2017 by ICM
RIDGEFIELD PARK, NJ – October 18, 2017 – OSG Billing Services (OSG) announced that it has completed the acquisition of Microdynamics Group, a provider of integrated, multichannel transactional print and electronic solutions, headquartered in Naperville, IL. The company will continue to be run by the current management team led by CEO, Thomas Harter, Jr, who will also become an Executive Vice President of OSG and lead the development of the financial services practice.
“Both companies share a customer-first philosophy and offer similar, front-line transactional document presentment and payment solutions,” said Scott W. 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.”
“Microdynamics has never been in a better position to grow and prosper,” said Harter.“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.”