ASL Group announces bolt on of Digital Office Supplies Ltd
Image provided by Image Source, a former Mobeus investee company (www.imagesource.com)
ASL Group, a provider of printing and copying solutions to SMEs and the education sector, has acquired Digital Office Supplies Ltd. The business has a strong and loyal customer base in Essex, London & the South East and will further strengthen ASL’s presence in those areas.
Mobeus originally invested £4.3m to support the MBO of ASL in December 2010. Since then, ASL has gone on to acquire a number of complementary businesses. The first acquisition came just three months after the initial deal, in the spring of 2011, when Mobeus invested a further £2m to support ASL’s acquisition of Transcribe Copier Systems. Since then, the business has also acquired Arkle Reprographics Consultants (Jan 2012), IBT Service (August 2014), and Mobeus invested £3.4m into ASL to further enable the company to pursue its buy-and-build strategy by acquiring Copyfax (December 2014).
– Ends –
Issued by Mobeus Equity Partners LLP, of 30 Haymarket, London SW1Y 4EX, registered in England & Wales number OC320577, authorised and regulated by the Financial Conduct Authority, number 456538. This material is for information only and does not constitute an offer to buy or sell an investment nor does it solicit any such invitation. The information contained in this email is believed to be accurate at the date of publication but no representation or warranty stated or implied is made or given by any person as to its accuracy or completeness and no responsibility or liability is accepted for any such information or opinion.