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.
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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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