Safeguard Completes Divestment of Solutions Las Vegas businesses to Bimsters, LLC.

June 30, 2018

Sale Fulfills Lifelong Dream of Business Ownership for Female Distributor

LAS VEGAS, NV – Safeguard is pleased to announce that it has successfully completed the sale of its Solutions Las Vegas business to new franchisee Bimsters, LLC.  Bimsters is owned by siblings Kim Bassett and Damon Stephens, who are also leaders in the California based franchise, Octa Marketing Group, LLC, which operates the Safeguard by Fontis business. Kim will be responsible for operating the Las Vegas location, helping her fulfill her lifelong dream of business ownership.

“I wanted to be able to create a lasting legacy for my children and for future generations of my family to come. This transaction gets me one step closer to accomplishing that goal,” said Kim Bassett. “I am eager to jump into a role that gives me the opportunity to use all of the tools I’ve gained throughout my professional career, and having a large support system with my brother, husband and the Safeguard team gives me peace of mind knowing that I’m not alone on this journey.”

Prior to joining Safeguard, Kim spent five years in an account management role with Word Perfect, helping to drive relationships with the company’s largest clients. When her husband graduated from college, Kim took on a full-time role as a mother, helping to raise their six children. As her children grew up, Kim transitioned back into the workforce and held a variety of customer-facing roles in retail, marketing and sales. Now, with Bimsters, she hopes to use her relationship building skills to serve other female business owners, like herself, throughout the greater Las Vegas area.

“Customer service has always been a top priority for me. When you have great service, sales follow,” said Kim Bassett. “Every career that I’ve had has been relationship-based. I love being able to connect with a person, identify their needs and deliver on it, and that’s exactly in-line with Safeguard’s business philosophy. For them, being able to execute whatever it is that the customer wants is imperative. I bring both the ability to deliver and provide quality customer service to the table, and I know that will help drive our success in Las Vegas.”

The acquisition was completed through Safeguard’s Business Acquisitions & Mergers (BAM) team.  With more than 100 years of collective experience in franchising, mergers, acquisitions and divestitures, the BAM team has completed more than 180 strategic transactions since 2008. For its work in helping drive company and distributor growth through the completion of strategic transactions, the BAM team was honored with a Stevie® Award for “Best Support Team” in 2017. In 2014 and 2018, the Safeguard BAM team was also recognized as a “Dealmaker of the Year” award winner by Franchise Times® magazine and achieved the Strategic Corporation of the Year award from the M&A Advisors in 2018.

ABOUT SAFEGUARD

For more than 60 years, Safeguard, through its network of distributors, has been providing the products, services and expertise needed by business owners to help their businesses grow. Through innovation, dedication and a commitment to quality and integrity, Safeguard has transformed itself from a small check printing business to a fully diversified business solutions enterprise. To learn more about Safeguard, please visit www.gosafeguard.com, or follow us on Twitter at www.twitter.com/gosafeguard.

ABOUT SAFEGUARD BAM

Since 2008, Safeguard’s award-winning Business Acquisitions and Mergers (BAM) team has emerged as the most decorated strategic growth team in the industry. With more than 100 years of collective experience in mergers, acquisitions, divestitures, business strategy and financial performance assessment, the BAM team possesses the “know how” needed by Safeguard, its affiliates, distributors and franchisees to complete complex transactions across multiple business channels. The BAM team has completed more than 180 total transactions since its inception, earning accolades at the highest levels. In 2018, the BAM team won a second coveted Dealmaker of the Year award, presented by Franchise Times® magazine, after first winning the award in 2014. In 2017, the BAM team won an M&A Advisor Deal of the Year award in the Professional Services (B-to-B) category as well as a bronze Stevie® American Business Award as Support Team of the Year. To learn more about the BAM team, please visit safeguardbam.com, or follow us on Twitter at www.twitter.com/safeguardgrowth.

###