Office Resources Company Profile
Office Resources, founded in 1996 and headquartered in Boston, MA, is a private equity-backed distributor of commercial office furniture and architectural walls serving sectors like education and healthcare, offering design and project management services, and has undergone multiple acquisitions including its recent merger with OFCworkscapes in 2024 under acquirer Creative Office Resources.
Overview
Year Founded: 1996
Status: Acquired/Merged
Latest Deal Type: Buyout/LBO
Financing Rounds: 4
Investments: 6
General Information
Office Resources is a distributor of commercial office furniture and architectural walls, serving sectors such as education, life science, healthcare, and government. The company provides services including design, project management, consultation, warehousing, and post-sales maintenance of furniture and workspace products.
Website: www.ori.com
Formerly Known As: Raque Industries
Ownership Status: Acquired/Merged
Financing Status: Private Equity-Backed
Corporate Office:
- 263 Summer Street
- Boston, MA 02210
- United States
Primary Industry: Distributors/Wholesale
Other Industries: Other Commercial Services, Other Commercial Products
Acquirer: Creative Office Resources
Investments & Acquisitions
Office Resources’s most recent deal was a merger/acquisition with OFCworkscapes on 27-May-2024. Other notable investments and acquisitions include:
- Arenson Office Furnishings (10-Nov-2021, Merger/Acquisition)
- OLI Offices (01-Dec-2015, Merger/Acquisition)
- Corporate Environments (01-Apr-2012, Buyout/LBO)
- Comprehensive Facilities Solutions (01-Jun-2007, Buyout/LBO)
Exits
Office Resources’s most recent exit was on 01-Apr-2012 from Corporate Environments, with 2 buyers.
Affiliates
Subsidiaries:
- OFCworkscapes (Pelham, AL, founded 2016)
FAQs
When was Office Resources founded?
Office Resources was founded in 1996.
Where is Office Resources headquartered?
Office Resources is headquartered in Boston, MA.
What industry is Office Resources in?
Office Resources’s primary industry is Distributors/Wholesale.
Is Office Resources a private or public company?
Office Resources is a private company.
Who are Office Resources’s investors?
Prairie Capital and Prospect Partners have invested in Office Resources.
When was Office Resources acquired?
Office Resources was acquired on 24-Jan-2022.
Who acquired Office Resources?
Office Resources was acquired by Creative Office Resources.