A national document storage and shredding company has taken over a Midlands based digital transformation and scanning business – its third acquisition in four years.
Staffordshire based Chaffinch Document has acquired Quantor Scanning Limited in Walsall, to add to its already growing portfolio.
The move secures 15 roles with a view to creating another 15 jobs across the Chaffinch Group within the next two years.
It means Chaffinch Document now operates with 28 employees across three sites. It follows the summertime launch of another new business within the group, Chaffinch Digital which builds websites, as well as focussing on branding, digital marketing and social media. The Group is already investing £2 million into a new company headquarters, work on which is due to be completed later this year.
Quantor, founded in 2000, provides specialist scanning services from high volume conversion projects to technical digitisation services. They work across a range of industries including legal, accountancy, construction, engineering and the charitable sector.
Chaffinch was founded in 2011 by its Chief Executive Alastair Machin, who is delighted with the acquisition, which comes just ahead of their tenth anniversary later in 2021.
He 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.
He added: “We are passionate about investing in our workforce, and a core part of Chaffinch is our dynamic culture and team ethic. Promotion and development opportunities have already been created for a number of our existing workforce to help take the business forward.”
Managing Director of Quantor Clive Dunkey who founded the company is now planning to retire: “I have been running Quantor for twenty years now 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 couldn’t have been any better for us – it means Quantor becomes part of an established and fast-growing band 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.”
The acquisition of Quantor is the third that Chaffinch has made in the records management sector and marks an entry into the fast-growing digitisation sector. This follows the acquisitions of Knightstor Records Management in Staffordshire and WN Security Shredding in Shropshire.
To find out more please go to: www.chaffinchdocument.co.uk