CFI advised PHS Data Solutions on the divestment of its Data Solutions Division to Restore plc.

Cardiff – CFI United Kingdom acted as the exclusive financial advisor to PHS Data Solutions on its divestment of its Data Solutions Division to Restore plc.

PHS Data Solutions comprises three businesses: PHS Datashred, PHS Records Management and PHS Capital Capture that provides record management, document scanning and data destruction. Collectively, the companies have 580 employees.

Restore plc. is a provider of document shredding, records management and document scanning services

The transaction closed on 26 August 2016.

Business Services

has divested its Data Solutions Division to

Transaction details

Restore plc, an office services provider, has entered into a conditional agreement to acquire PHS Data Solutions in an £87.5m deal

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