Outsourcing acquisition

Workflo acquires TRM as talks progress on English deal

Michael Field: ‘valuable addition’ (pic: Terry Murden)

Workflo Solutions, the Livingston-based outsourced document management and IT support services specialist, has acquired Paisley-based TRM in the first of two deals the company is hoping to complete in the coming weeks.

TRM, a family-owned business, is currently run by managing director Steven McPherson, and offers a range of document management services.

The deal is expected to add £300,000 to turnover and further expands Workflo’s growing UK footprint. It is in talks with a Nottingham based company which will extend its reach into England.

Michael Field , managing director, Workflo Solutions, said: “TRM’s market reputation and strong client relationships makes this acquisition a valuable addition to our service offering.

“Furthermore, I believe that the convergence of management print, cloud-based digital document storage and retrieval combined with our leadership in document management will further accelerate our prominence to become the true UK market leader in this field. With this acquisition, we have significantly raised the bar. TRM is a great fit for us.”

TRM’s business evolves around digitising and archiving documents in a way which helps its business customers become more environmentally responsible. Paperwork is securely scanned and digitised to help make businesses leaner and also assists with GDPR compliance issues.

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