Elbrus buys OSG Records Management from Aurora Russia

The buyout of OSG is expected to close in March 2013. Aurora Russia has been a shareholder of the company since 2006.

Company
OSG is a document storage and records management company operating in Eastern Europe. The company's European headquarters are in Warsaw, while its CIS headquarters are in Moscow.

OSG operates vault storage, data backup centres and document storage centres. It has 40 facilities across Russia, Poland, Kazakhstan, Ukraine, Belarus, Bulgaria and Armenia. The company's client base consists of companies in the banking and financial services sector, as well as energy and consumer companies. OSG was founded in 1998 and employs more than 500 people.

Due to its being part of Aurora Russia, OSG is admitted to trading on the Aim stock exchange in London.

In the six months to September 2012, OSG recorded £10.8m in revenues, with a £1.7m EBITDA.

People
Managing partner Alexander Savin led the investment on behalf of Elbrus. Chairman Geoff Miller represented Aurora Russia. Krzysztof Bobrowski is CEO of OSG.

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