June 24, 2019 | Deals
GCA Altium advises Canon Italia on the sale of Integra Document Management to ASC Investment
IDM, which was founded 20 years ago and has been part of Canon Italia for the last four, is the Italian market leader in the document management and BPO services market, offering advanced business solutions to a large number of industries. The company provides a full range of outsourcing services to manage corporate document processes across the entire document life cycle, from simple archiving of physical documents to the complete management of customers’ business processes with large document volumes. Headquartered in Cernusco sul Naviglio, Italy, IDM operates through a network of process centers, data centers and document warehouses in Italy and Romania.
ASC Investment is an international investment firm based in Germany and Luxemburg and focused on corporate spin-offs, carve-outs and succession situations. Having already acquired CBS, the document and process outsourcing subsidiaries of Canon Germany, ASC Investment has a strategic interest in document process outsourcing and BPO services and has great confidence in the experience and expertise of IDM’s management and employees, as well as in the business plan defined in 2018. With ASC Investment, IDM will continue on its path of sustainable and competitive growth, developing cutting-edge business services in the content management area with the aim of achieving a leading position in hybrid content management.
The financial details of the transaction were not disclosed.