Document management business Workflo Solutions has completed the acquisition of Paisley-based TRM.
The deal is expected to add £300,000 to Livingston-based Workflo’s turnover this year.
TRM, a family-owned business which dates back to 1972 to the grandfather of current managing director Steven McPherson, offers document management services including scanning, digitisation, archive storage and confidential destruction and shredding.
Its purchase adds to Workflo’s growing UK footprint and extends its portfolio of business support technologies.
Workflo CEO Michael Field 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.”
Workflo said 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 helps with GDPR compliance issues.
It said digitising lessens the need to have archived boxes or filing cabinets or shelving full of paperwork taking up space.
Every document can be saved as PDF files and uploaded to a server on the client’s premises or via a cloud-based electronic document management system.
It said document search time and retrieval is improved.
McPherson said: “TRM is delighted at the prospect of working with such a vibrant and modern leader in the managed print industry such as Workflo.
“From the moment I met Michael, I was very impressed with his passion, drive and vision for the industry.
“Historically, TRM has offered a diverse service to a vast array of clients throughout the UK, to improve usage and management of their paper and microfilm records.
“Today, with the introduction of the ‘less paper’ office, GDPR and improved business workflow models, I had been looking to move the TRM brand into different markets to increase our business footfall and to keep up with the ever-changing digital office.”
He added: “The acquisition will allow both companies into different markets to improve the service they provide to their varied client bases. “
Last year, Workflo Solutions acquired a Livingston-based IT support business Pyramid IT, as well as opening new facilities in Aberdeen and Saddleworth, Greater Manchester.