ECI exits EDM

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EDM has merged with Sala International to create one of the UK’s largest providers of outsourced information management services.

The business, which will operate as EDM Group, will provide one of the industry’s most comprehensive and advanced offerings, combining market-leading services in digital mailroom, print room, document digitisation, document archiving, online document hosting and SaaS solutions for business process management.

The merger, which enables ECI to exit our original investment in EDM Group, has been backed by private equity house LDC.

Collectively, the Group will continue to focus on expanding its services in the core sectors of financial services, business services and healthcare, where its customers include Avis Europe, Nationwide Building Society, Companies House, Legal & General, Grant Thornton and numerous healthcare providers including many NHS Trusts, Bupa and BMI hospitals.

It will now have the capacity to digitize 500 million documents per year, either hosting them securely online or physically storing them within the company’s secure records management facilities, which have 500 thousand square feet of storage and 50 miles of live file storage.

John Hayhurst, Director of ECI Partners, commented:

“It has been a pleasure to work with Sam (who we brought into EDM in 2006) and Mark (who helped put the original deals together). During the course of Sam’s stewardship EDM substantially increased staff numbers and also, with investment from ECI, significantly developed EDM’s technology based workflow solutions. The historical development of EDM with ECI’s support and its current merger with Sala with support from LDC is a striking example of private equity as a driving force for good in the UK economy. We wish Sam, Mark and all the team the best of luck for the future.”

john Hayhurst

Director of ECI Partners

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