Apogee rounds off the year with another acquisition
London print and digital document specialist CityDocs its latest buy
Managed print firm Apogee has snapped up print and digital document firm CityDocs, rounding off a busy year on the M&A front.
London-based CityDocs claims to be among the UK's leading specialist providers of outsourced print and digital document services.
Apogee announced its acquisition of the firm today, not disclosing the sum it paid.
Jason Collins, Apogee's joint CEO said: "CityDocs has a fantastic reputation for secure, responsive and expert specialist services all around the digital or paper document and this is perfectly in line with Apogee's strategy. The quality of service and the 24/7 capabilities the CityDocs operations have to support clients is really impressive, and the new eDisclosure technology is clearly the way forward for all professional services, not just legal. This is a terrific business that Peter Lawson and his team have built and I'm very excited about how we can develop the business further now it is part of the Apogee group."
Throughout this year Apogee has acquired a number of firms, including Scottish Direct Business Solutions and Irish Hibernian Business Equipment.
The shopping spree came off the back of receiving private equity investment in September.
Equistone Partners Europe threw its weight behind Apogee in an undisclosed transaction which valued the business at £185m.
Peter Lawson, CityDocs' managing director said he is very proud of what his firm has achieved.
"We have built a great services-focussed company and such good relationships with so many of our clients, we have become the partner they can rely upon," he said. "Now it's time to take what we have to the next level with Apogee. Our clients will have access to more solutions and the impressive scale and power of Apogee's Managed Services operation, and our specialist digital document services, particularly forensic technology, document processing and eDisclosure will be of great value to Apogee's existing clients."