£75m group makes bolt-on acquisition
PRIVATE equity backed business Apogee Corporation, which has a major operating base in Wakefield, has completed the bolt-on acquisition of a document services company.
The deal for CityDocs, which is based in London and has an office in Manchester, is the third for Apogee since Equistone Partners Europe made a major investment in the group in September 2016.
CityDocs offers digital document scanning, processing, hosting and reprographic services, specialising in legal document services.
Also within the group is Willow Graphics, CityDocs’ visual communications operation which provides creative services, large format and digital printing.
Jason Collins, Apogee 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.”
Peter Lawson, CityDocs’ managing director, commented: “I’m very proud of what the team at CityDocs have 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. 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.”
