Bristol-based technology company ITEC has announced it has now completed the acquisition of Bridgwater-based MailaDoc.
MailaDoc helps businesses with their print and mailing needs, including an innovative 'hybrid mail' solution. This lets organisations easily and efficiently outsource their outbound postal communications while reducing the cost.
MailaDoc combines state of the art equipment with ISO accreditations for security, environmental and quality management. The company was established in 2009.
ITEC’s success to date has been built on a combination of strong organic growth combined with strategic acquisitions to expand the company’s portfolio of services. With more than 200 employees, the company now has nine offices and facilities through the South West and beyond.
According to CEO Nick Orme: "The reality is that outbound postal communications is something of a black hole for many organisations and a part of the business where they are not managing costs and auditability.
"MailaDoc fits perfectly with ITEC's existing digital solutions that help companies work smarter and achieve new levels of efficiency, while at the same time improving their data security and regulatory compliance."
MailaDoc now becomes a fully owned subsidiary of ITEC and will continue to be based at the existing facility in Bridgwater, Somerset. All existing MailaDoc employees are staying with the business.
Mailadoc's director Jon Horler noted: "Integration with ITEC will help us increase awareness as to how companies can solve their printing and mailing needs in innovative new ways. We have a great story to tell about very measurable business benefits and ITEC will help us amplify that message."
In the 12 months to the end of February 2017 ITEC Connect Ltd posted revenues of £27.4 million – up 26% compared to revenues of £21.7 million in the previous financial year. ITEC's mission is to provide agile managed print, IT, VoIP and document capture technology, expertly deployed and supported for smarter business outcomes.
Headquartered in Bristol, ITEC has offices and facilities in Bournemouth, Bridgwater, Exeter, London, Manchester, Plymouth, Reading, Redruth. The company's web site is at: www.itecgroup.co.uk