Mazars played a pivotal role when we first acquired the Company back in 2016 and also supported us on our exit.
James Rosthorn Investment Manager – Maven Capital Partners
We were extremely pleased with the advice provided by Mazars and would like to thank the team for their role in delivering both transactions.
Advising on the sale of Prime Documents Limited
Mazars Deal Advisory has advised the vendors on the sale of Prime Documents Limited (“Prime Document”), providers of printing, postage and digital transactional document processing and distribution, to UnifiedPost Group SA (“UPG”).
Prime Documents can process transactional data and convert it into records such as invoices, pay slips, tax records and statements. Their current client base includes pension administration companies, building societies, car leasing companies and debt management firms. It has so far reported a turnover of £6 million in 2019. The acquirer, UnifiedPost Group SA (“UPG”), is an international group focussed primarily on automated and cloud-based financial solutions.
Prime Document will now operate under the “Unifiedpost UK” name, with the Manchester premises becoming Unifiedpost Group’s UK main office. It will also see Unifiedpost Group handle nearly 400 million corporate documents on an annual basis, mostly invoices. The group’s annual proforma turnover will attain circa €70 million.
This has been a great deal to work on and we are delighted to achieve a successful outcome for the shareholders of the Prime Document.
Dave Hilton Managing Partner Manchester – M&A
It was a pleasure to work with the teams from both sides and this is a great opportunity for UnifiedPost Group to cement its presence in the UK.
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Dave Hilton Managing Partner Manchester – M&A - Manchester
Mergers & Acquisitions
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