Corporate Finance Deal - Secure Data Management Limited

Top 30 firm, Bishop Fleming have advised a leading independent records management business, helping them to grow into one of the top providers in the UK.

The Corporate Finance Team at Bishop Fleming, worked with Secure Data Management on its acquisition of The Chatham Archive and Document Storage Company, earlier this month.

Founded in 2004, Secure Data Management has seen client records under management double in the last five years. The acquisition drives further growth of the business.

Marc Chauveau, Secure Data Management Managing Director, said: “This is our first transaction of this size involving raising acquisition finance.  The team at Bishop Fleming consisting of Charles Davey and Joe Coghlan have been more than brilliant from start to finish. I could not recommend them more highly.  I have thoroughly enjoyed the journey”.

Joe Coghlan, Corporate Finance Manager at Bishop Fleming, said: “It has been a pleasure working with Marc and Secure Data Management, raising acquisition finance in the post Covid environment and providing full buy side support to make this key strategic acquisition happen”.

Bishop Fleming provided full buy side support, including debt advisory, acquisition advice and financial and tax due diligence.

Debt funding for the transaction was provided by ThinCats. Bates Wells acted as legal advisors to Secure Data Management.