
Primary-backed ASL bolts on Reprotec
Primary Capital Partners portfolio company and office services provider Automated Systems Group (ASL) has bolted on UK-based office equipment supplier Reprotec.
The transaction comes just a week after Primary backed the management buyout of ASL from Mobeus Equity Partners and four months after the group acquired Geerings Digital. The secondary buyout of the group generated a 2.2x return for the vendor
Mobeus acquired ASL via an £8.5m management buyout in 2011 and supported the £4.1m bolt-on of Transcribe Copier Systems shortly afterwards. The GP then injected a further £3.9m into the group to support the bolt-on of Copyfax in 2014.
Company
Headquartered in Nottingham and founded in 1981, Reprotec is a supplier of office equipment and services, including document management, photocopiers, multifunctional devices and printers.
People
Automated Systems Group – Mark Garius (managing director).
Reprotec – Nick Brown (sales director).
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