Archive Solutions snapped up by Restore
2nd October 2012
NORTH West document storage specialist Archive Solutions has been sold to AIM-listed Restore for an initial £2.6m.Middleton-based Archive Solutions was founded in 2004 and is led by managing director Claire Dunn who is joining Restore as part of an earn-out arrangement.Mrs Dunn and her other investors will pocket £2.34m immediately and collect £260,000 in December this year. An unspecified further sum will be paid, dependent on the performance of Archive Solutions over the next three years and will be paid in 2015......for the full story register now for free or login below...
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