London records manager secures nearly £2m funding for acquisition
An independent records management service has announced that it is making a new acquisition after receiving nearly £2m of funding.
Secure Data Management, based in London, has secured £1.9m of acquisition funding from alternative lender ThinCats to acquire The Chatham Archive & Document Storage Company.
Secure Data Management, which operates five storage sites, specialises in providing offsite storage services to brands including professional services firms, public sector organisations, charities and other corporates.
Marc Chauveau, CEO of Secure Data Management, commented: “Our whole team pride themselves on the quality of service that we provide to clients, and as one of the last independent players in the market we are known for our speed and responsiveness.
“Securing this acquisition funding allows us to extend the reach of our services and offer out the benefit of our experience to a much wider client base.”
Stuart Thompson, director of regional business development at ThinCats: “Secure document storage continues to be incredibly important for a range of businesses and organisations, and the team at Secure Data Management have 25 years of experience in providing a well-respected service.
“This acquisition puts the business in a great position for the future, with storage facilities strategically placed to serve clients throughout the south of the country.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Making education a lot better for a lot more
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London