Document Solutions Brothers Complete Buy-Out

Bradford (UK) Document Solutions is now in the hands of brothers Steven and David Cavanagh, following a management buy-out backed by Baker Tilly and HSBC.

Bradford (UK) Document Solutions is now in the hands of brothers Steven and David Cavanagh, following a management buy-out backed by Baker Tilly and HSBC.

The company, a UK supplier of Xerox copiers, printers and multi-function devices, was established in 1991 and was previously owned by the new owners' father, Tony Cavanagh.

Steven Cavanagh, Document Solutions' managing director, said: "We are fully aware of the potential growth in the business, with the addition of scanning, colour and document management and we wanted to exploit this opportunity to its fullest." He added: "Our aim is to continue to develop strong working relationships and help our clients get the most from our equipment.

We are already one of the fastest growing companies in this sector and it is our intention to build on this momentum by doubling our turnover within the next five years." David Cavanagh, who joined the company in 2000, has assumed the position of finance director with additional responsibilities for internal administration.

The new team has recruited four new members of staff in 'customer facing' positions and has also launched a new corporate identity to mark the change of ownership.

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