Arrow Imaging Limited is pleased to announce that it has sold 100% of its share capital to Sala Integrated Information Management Limited.  With Lloyds Development Capital (LDC) providing strong financial backing, this acquisition brings new and significant investment to Arrow Imaging’s products and services, giving the ability to deliver a broader and more enhanced digital offering to its customers.  Arrow Imaging Limited will remain as your trusted supplier and you will continue to be looked after by our dedicated Business Development Managers, Dean Tranter and Gill Higgins and our Internal Sales Team, Jeannie Crosse and Wendy Hawkins in these exciting times.

Since 1981 Arrow Imaging has provided document conversion services and solutions to its customers ranging from paper scanning to integrated document management solutions. This acquisition combines these services with the records management expertise and significant infrastructure of Sala Integrated Information Management.  Over 200 public and private sector organisations trust the care and management of over 30 million documents to Sala, which also manages over 10 million ‘live’ records (open files where documents can be inserted/removed).

Sala Integrated Information Management operates in a wide range of sectors, including Financial Services, Public Sector, Healthcare Support Services and Retail. In the private sector it has a number of blue-chip corporate clients, while in the broad public sector it acts for major councils, NHS Trusts and broadcast organisations.

CEO, Tomas Gronager, has been appointed with a new strategic vision for the firm backed by senior management and LDC. The aim is to develop an Integrated Records Management (“IRM”) outsourcing solution, embark on an acquisition drive and to expand both nationally and potentially internationally.  Under his leadership the company plans more ambitious growth. His strategic vision, backed by LDC, is to develop an Integrated Records Management (“IRM”) outsourcing solution consisting of three main activities: Archiving (storage), Scanning / Software as a Service and Destruction.

The IRM customer solution benefits are derived by bringing together a selection of interrelated services, that have traditionally been sourced and provided by a number of different suppliers to form a ‘one stop shop’ solution, which delivers synergy benefits to customers gained by integrating the services, and the continued innovation of new services.

Sala provides a strong platform, excellent infrastructure and a very scalable business model with which to pursue this strategy. As well as growing organically, Sala plans acquisitions, with LDC helping to secure funding, to bolster a number of different services including its secure confidential destruction services, increase scale as well as to establish a greater national footprint for the full IRM offer in the UK.

For further information please contact:

Nick Hawkes

Tel: 01827 310350

 NOTES TO EDITORS

Sala International  www.sala-international.co.uk  Sala International is one of the UK leaders in record management and was established in 1994. Essentially the company provides physical record and digital information storage facilities and services. Sala manages in excess of 400,000 square feet of secure space and stores 1.5 million boxes including 50 miles of live filing on behalf of its prestigious client base. Sala has carefully developed a suite of services that encompass the complete lifecycle events of those records entrusted to the company by its clients. These services include records management, scan on demand, archiving and storage, microfilm digitisation, live file management and online file retrieval using our bespoke FARIO system. All services are delivered and operate to the highest security levels. Sala International is active in a wide range of industry sectors, including Financial Services, Public Sector, Healthcare, Support Services and Retail.The company is a member of AIIM and the Records Management Society of Great Britain.

 Lloyds TSB Development Capital (‘LDC’) www.ldc.co.uk LDC (Lloyds TSB Development Capital) is part of the Lloyds Banking Group and is authorised and regulated by the Financial Services Authority. Since 1981 LDC has completed over 400 investments and has ongoing interests in over 70 businesses across the UK.LDC back ambitious management teams from UK-based companies seeking between £2m and £100m of equity for management buy-outs, institutional buy-outs or development capital transactions.LDC invests in a broad range of sectors and has particular experience in Construction & Property, Financial Services, Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure and Support Services. LDC is the leading private equity company in the UK mid-market. Recent transactions include investments with 1st – The Exchange, AIM, Antler, Easynet, Mountain Warehouse, JHP, SCS, Subocean plus exits from Card Factory, CMG, Omega Red, Kylmar, Porterbrook and VSG.LDC has 14 offices – Aberdeen, Amsterdam, Birmingham, Bristol, Edinburgh, Hong Kong, Leeds, Liverpool, London, Manchester, Newcastle, Nottingham, Reading and Southampton.