FTG Overview and Success

FTG Overview and Success: Flex Technology Group (FTG) is the largest managed print services provider in the U.S., with a broad nationwide presence. The company specializes in optimizing and managing multi-vendor print environments, serving over 30,000 customers, including significant enterprise accounts and major healthcare facilities.

In 2023, FTG achieved a record $434 million in revenue, marking a 9% organic growth over the year. The company also maintained an impressive 97% client retention rate, adding 1,800 new customers. FTG’s success is attributed to its strong focus on technology investment, customer care, and employee development. The company’s proprietary predictive technology and extensive service network have positioned it as a leader in the print services industry​ (Flex Technology Group)​ (ENX Magazine)​ (FlexTG Blog).

CEO of Flex Technology

The CEO of Flex Technology Group (FTG) is Frank Gaspari. He is also the founder of the company and continues to lead it as it grows, with the company achieving significant milestones like double-digit growth and a record $434 million in revenue in 2023​ (ENX Magazine)​ (Industry Analysts, Inc.).

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Flextg Headquarters Location

Flextg's headquarters is located in Seoul, South Korea. The company is known for its innovative flexible displays and technology solutions.

Flex Technology Group Revenue

As of 2023, Flex Technology Group reported achieving record revenues, reflecting its strong growth in the managed print services sector. While the exact revenue figures for 2024 aren't publicly detailed, the company continues to expand with a significant client base across the U.S. and a focus on customer retention and acquisition. Additionally, Flex Technology Group has raised over $92 million in funding, further supporting its growth and operational capabilities​ (FlexTG Blog)​ (PitchBook).

Flex Technologies Competitors

Flex Technologies, a leading global electronics manufacturing services (EMS) provider, competes with several companies in the electronics manufacturing and supply chain services space. Some of its key competitors include:

1. Foxconn (Hon Hai Precision Industry Co., Ltd.): The largest electronics manufacturer in the world, Foxconn is known for assembling products for major brands like Apple.
2. Jabil Inc.: Another major player in the EMS industry, Jabil provides design, manufacturing, supply chain, and product management services.
3. Celestica Inc.: A Canadian company that offers design, manufacturing, and supply chain solutions, focusing on various sectors including aerospace, defense, and healthcare.
4. Sanmina Corporation: Specializes in complex manufacturing, supply chain, and logistics services, particularly in sectors like communications, medical, and defense.
5. Benchmark Electronics, Inc.: Provides comprehensive design and manufacturing services, particularly focusing on high-reliability sectors like aerospace, defense, and medical.
6. Plexus Corp.: Offers end-to-end manufacturing and engineering services, with a focus on sectors such as healthcare, industrial, and aerospace.
7. Venture Corporation Limited: A Singapore-based company that provides technology services, including design, manufacturing, and logistics.

These companies, like Flex Technologies, serve various industries, including consumer electronics, automotive, healthcare, and telecommunications, making them key competitors in the global EMS market.