Micro Solutions Enterprises has merged with Clover Technologies Group

Yoel and Avi Wazana have sold Micro Solutions Enterprises (MSE) to Clover Technologies Group (Glover) for an undisclosed consideration.

Founded in 1994 by brothers Yoel and Avi Wazana, Wazana Brothers International, Inc. d.b.a. Micro Solutions Enterprises (MSE), is considered the highest quality and second largest remanufacturer and distributor of laser toner cartridges in the US. MSE competes in the US$80 billion global cartridge and toner consumables market and employs over 1,000 people at its facilities in California and an additional 55 people in Pennsylvania and the Netherlands. The company offers over 3,500 SKUs, providing one of the broadest ranges of remanufactured cartridges for use in monochrome and color laser printers from almost all leading OEMs. MSE sells its products through a diverse network of customer channels, including private label to OEMs and through wholesale distributors, dealers and independent resellers, outsourced manufacturers, international dealers and value-added resellers.

Founded in 1996, Clover is the global leader in providing resellers, mass merchants and value-added specialty suppliers with total environmental solutions including the recycling and remanufacturing of consumable imaging supplies. Clover is the world's largest collector and recycler of cell phones and inkjet and laser cartridges. The company's innovative recycling programs offer its partners an additional revenue stream while ensuring clients the industry's most advanced and environmentally responsible recycling solutions. The complete line of Clover's quality imaging supplies is available through leading office products distributors and computer imaging supply wholesalers and marketed under a variety of private label brands.

Oaklins' team in Los Angeles advised the sellers in this transaction.