Print player ASL makes second acquisition of 2018

Addition of Kent-based Geerings Digital to group marks MPS provider's tenth purchase in nine years

Cambridge-based managed print service (MPS) provider Automated Systems Ltd (ASL) Group has purchased Geerings Digital, marking its second acquisition of 2018.

ASL procured ICA Digital earlier this year, and its newest addition is its tenth acquisition in nine years.

The MPS provider specialises in telephony and unified comms, production print and IT support and supplies.

Geerings was founded in Ashford in 1903 to focus on print, but over the past 115 years it has diversified into supplying office equipment and supplies to the commercial and education sectors across Kent, Essex, London, Sussex and Surrey.

It is currently jointly managed by Will and Adam Geering, the great-grandsons of its founder.

Mark Garius, MD of ASL, said that the Geerings' loyal customer base and reputation strengthens ASL's coverage in the South East.

"We chose Geerings Digital carefully because of their fit with ASL - particularly their high standards and commitment to customer service," he stated.

"We are retaining a base in Ashford as we recognise that their strong presence in the area needs to be maintained and grown.

"ASL are looking at further acquisition opportunities as part of our plan to grow significantly over the coming years."

ASL reported revenues of £19.8m for its year ending 30 September 2017, and claims that the latest addition to the group will boost the company's overall turnover past £27m, along with increasing headcount to 140.

Will Geering, chairman of Geerings Digital, said: "Geerings made the decision to focus efforts on our other business areas and after entering a process, we chose ASL as we felt that the company cultures were aligned.

"The management of Geerings were very keen to ensure that Geerings Digital continued to prosper under the new management while still maintaining the excellent customer service that they have become renowned for across all their businesses.

"We firmly believe that our customers will see positive benefits from the change and will welcome the additional services that the combined group can offer."

Financial details of the deal were not disclosed.