Buyer for Scanning and Digitisation company in Europe

• Revenue: 3-30M EUR
• Employees: not decisive
• Location of the target: Europe
• Reason for acquisition: The company is active in the scanning and digitisation sector. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
• #CFIE ITB069

This buyer company is looking for a scanning and digitisation enterprise to buy. The buyer is very active in doing acquisitions and has recently raised a new fund to support buying operations.  Its investment focus is on innovative, leading companies that provide non-discretionary products and services and have a strong position in stable industries with good growth potential. In addition, the buyer invests in companies that are led by a strong management team with whom it can work together to develop further the company.

The buyer is a large company active in the market of Records Management helping its clients in the digitisation of information. Due to scanning services provided, clients can simplify documents exchanges, better place and archive documents and overall are able to improve work processes and productivity. Scanning software solutions enable data capture of diverse volumes of documents and store it in an online archive from where the information can be retrieved when is necessary. Depending the need of the customer for how often he requires to archive and retrieve the documents, there are customized options to suit his necessities. Digitisation helps in removing physical storage and creating a virtual space eliminating the need for own technological hardware. The web hosted repository gives also the chance to better trace the documents’ workflow.

The scanning process is composed of 4 phases. Collection of documents is the first phase and it supposes the gathering of all the documents from the client’s location. Further, the client has the chance to choose whether he wants the scanning process to be completed at his location or to the company’s scanning bureau. Either way, all the documents are barcoded with a unique record for a better tracking. Scanning Preparation is the next step and it implies taking care of the documents so that scanning is done without errors. Operations that are done in this phase include freeing the papers from staples, clips, post notes and creases, taping and placing plastic sheets to obtain the best scan’s quality. The proper scanning phase involves the scanning equipment that digitises each document in the requested format or resolution. Can be scanned documents such as files, certificates, manuscripts and technical drawings. After scanning, the documents are checked for quality and assembled. The last phase it is represented by the delivery and storage, which means that digital documents are returned to the client using special data media such as DVD, secure email or SFTP. In the meantime, there are ensured hosting options that allow the clients to preview, download, print and modify the records from anywhere. The client has full access and control over his digital files using his digital archive. The company enables various types of scanning, such as selective scanning, digitisation of confidential records and of physical mail.

Target companies should provide services such as:

• Scanning & Digitisation
• Records Management
• Documents Destruction
• Documents Storage
• Tape Restoration
• Data Protection and Recovery

Highlights of the Buyer for Scanning and Digitisation company in Europe

• The buyer is a European company active in scanning and digitisation sector
• The company uses scanning technologies to increase efficiency
• The buyer has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and services
• Target companies should have stable position in the industry and should be managed by a strong management team