About the deal
Bridges (via its Sustainable Growth Funds) has announced its investment into Storetec, a digitisation and data storage business in which it has acquired a majority stake. Storetec, based in Hull, provides outsourced document scanning, archive storage and cloud-based document management solutions to businesses in both the public and private sectors, including NHS Trusts, councils, FTSE 100 companies, professional services firms and SMEs. This enables organisations to protect their most sensitive data and build more sustainable digital workflows.
Cowgills provided financial due diligence (Andrew Nelson, Jacob Maitland) and tax due diligence (Georges Daubney).
Sector
Business Services
Disclaimer
The information was correct at time of publishing but may now be out of date.
