Partner Article
Restore snaps up Leigh data services business
Greater Manchester-based scanning firm Crimson UK has been acquired by document services business Restore for £1 million.
Restore may pay up to another £675,000 over five years conditional on a major contract.
The deal was financed on a cash-free, debt-free basis from AIMS-listed Restore’s existing balance sheet.
From its headquarters in Leigh, Crimson offers a range of specialist data options including both onsite scanning and outsourced managed services.
Their core business is to capture and process business critical documents, such as purchase invoices, as well as scanning and archiving other key paperwork into a more manageable system and accessible format.
Its client base is nationwide and includes both private and public sector firms and organisations.
This was posted in Bdaily's Members' News section by Simon Malia .
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent