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In March 1999, Global announced that it had acquired Dahill Industries, bringing its total number of acquisitions to 32.
Although it seemed to have a strong foothold in the industry, the company was still heavily leveraged, with the debt-to-equity ratio being almost 70 percent, according to a July 2001 Investor's Business Daily article.
In 2001, that middle ground made up 45 percent of the entire market. "Global's largest target customer might have $1 billion in sales and a couple thousand employees.
By 2001, Global had acquired 50 companies, but was dealing with the aftermath of four straight quarters of earnings declines.
In May 2002, Global was able to announce record-high earnings once again.
In the spring of 2002, Tom Johnson brought his managers and top sales and service associates together in order to unveil a new theme.
Imagine reported annual revenues of approximately $117 million for 2003 and served the office technology needs of middle-market customers in 22 locations across the western United States.
The spring of 2004 brought the acquisition of Imagine Technology Group, Inc., the company's largest acquisition to date.
Global also reported in 2004 that it had reached an 18 percent increase in revenues, bringing its revenues to a record $212 million for the first quarter.
Global's 2006 fiscal year started strong with the acquisition of Scottsboro Business Equipment.
June 2008 – Contracted with a large hospital system in Orlando for imaging services more than doubling our revenue and overall size.
In 2009 ComDoc was purchased by Xerox Business Solutions a Xerox company.
January 2010 – Signed a large corporate contract acquiring 60 new accounts that were successfully rolled out in the following six months.
March 2011 – STAT began archival storage and scanning of records per client request.
April 2015 – STAT began Portal Services, now a part of Revenue Cycle Management, working primarily with the VA (Veteran’s Administration).
January 2017 – STAT Imaging Solutions changed its name to STAT Informatic Solutions, and also increased service offerings to include Courier Services and Coding Solutions.
© 2020 ComDoc, A Xerox Company.
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