ASL Group is accelerating its growth strategy by securing investment from Primary Capital Partners LLP, a leading provider of private equity finance.
The buyout will allow ASL to further acquire businesses, expand its reach and enhance its service for customers.
ASL had been supported by Mobeus Equity Partners since 2010 as a buy-and-build platform, and the privately-owned managed office services company has grown from strength to strength. In November, it made its tenth business acquisition when it joined forces with Geerings Digital. It also expanded its reach beyond providing managed print services to embrace unified communications, software, IT and production print solutions for its 5,000 national customers.
Managing Director Mark Garius said: “This is an important and significant milestone for ASL that will enable us to continue to grow our business both organically and acquisitively in the market. Having acquired ten businesses in the last ten years, we look forward to the new opportunities that the investment will bring as we continue to drive better business performance for our customers.”