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Document services firm continues Triangle expansion

A Scranton, Pa.-based document-management firm has acquired a second local business as it continues to expand in this region.

Diversified Information Technologies announced this morning that it bought Bowman Enterprises of Benson. Financial terms weren't disclosed, but Bowman had 2009 revenue of $6.5 million, mostly sales to health-care and government customers.

In October, Diversified announced it had acquired Active Data Services, a Morrisville company with 105 employees and 2008 revenue of $15 million. Active Data provides document and billing services to health-care, insurance and financial customers.

Active Data of Morrisville bought by Scranton firm

A Morrisville company that helps businesses convert paper documents to digital form has been bought by a Scranton, Pa.-based document-management firm.

No, this isn't an episode of TV's "The Office."

Active Data Services, which provides document and billing services to health-care, insurance and financial customers, was acquired by Diversified Information Technologies of Scranton -- where the TV comedy is set.

Most of ADS' 105 employees will stay in Morrisville but shift to the new company. "This isn't the typical slash-and-burn type acquisition," said Diversified CEO Scott Byers.

The deal is part of Diversified's strategy of expanding its business in the "Maine to Miami corridor" and gives the company a strong foothold in the Triangle, Byers said. ADS' clients include Blue Cross and Blue Shield of North Carolina, College Foundation, AICPA and Allscripts-Misys Healthcare Solutions.

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