GENSOCIAL
A document storage and shredding company has taken over a Black Country digital transformation and scanning business.
The deal by Staffordshire-based Chaffinch Document to acquire Quantor Scanning in Walsall is its third in the past four years.
Chaffinch Document was founded in 2011 by current chief executive Alastair Machin while Quantor will celebrate its 21st birthday this year, with founder and managing director Clive Dunkey retiring as a result of the deal.
Quantor provides specialist scanning and digitisation services for industries such as legal, accountancy, construction and engineering.
The undisclosed buyout secures 15 roles with a view to creating another 15 jobs across the Chaffinch Group over the next two years.
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Chaffinch Document now operates with 28 employees across three sites and this latest deal follows the summertime launch of a new digital business within the group to build new websites alongside a focus on branding, digital marketing and social media.
The Stoke-based group is also investing £2 million into a new company headquarters, work on which is due to be completed later this year.
Mr Machin said: “We are seeing a big increase in enquiries and work for digital transformation solutions as businesses adapt to the challenging conditions in response to the covid pandemic.
“Quantor has a skilled and experienced workforce and the business is an excellent fit with our existing shredding and document management operations.
“This acquisition provides us with the scale and size of operation we need in scanning and digital conversion to bring in new customers and take on even larger projects.
“We are excited to see what 2021 brings and have a programme of investment planned to grow all parts of our business.
“In the short-term, we will be focussing on ensuring a smooth integration of Quantor’s operations and workforce into Chaffinch and achieving organic growth across the wider group throughout 2021.”
Mr Dunkey added: “I have been running Quantor for 20 years and decided last year that it was time to step down and enjoy retirement.
“We put the company up for sale and were delighted that Alastair wanted to purchase Quantor as a going concern.
“It means Quantor becomes part of an established and fast-growing brand and will continue to operate from the same premises with the same staff which I am delighted about.
“I wish our staff and the Chaffinch brand continued success in the future.”
Chaffinch Document has previously acquired Knightstor Records Management in Staffordshire and WN Security Shredding in Shropshire.
