Contracts: Capita Group buys Right Document Solutions
Public sector recruiter Capita Group has acquired Right Document Solutions for a consideration of £30m on a cash-free, debt free basis, plus a deferred consideration of up to £10m.
Public sector recruiter Capita Group has acquired Right Document Solutions for a consideration of £30m on a cash-free, debt free basis, plus a deferred consideration of up to £10m.
The firm says the acquisition provides a good strategic fit with a number of Capita’s professional services businesses by building upon existing design, bulk print and document management capabilities.
Paul Pindar, Capita Group chief executive, says: “The UK market for print solutions has been estimated to be worth around £650m in 2010 and is shifting increasingly towards managed print services. The acquisition, alongside Capita’s existing print and document management services, will ensure that Capita is well positioned to participate comprehensively in this market.”
