A Hull-based data storage specialist has been heavily backed by an investment house to help it accelerate growth and performance.
Bridges Fund Management has taken a majority stake in Storetec, and will work with the existing management team to drive it forward. It focuses on digitisation, document management and allied solutions, helping secure critical data and tackle one of the biggest governance challenges businesses now face.
Almost 100 staff are employed, with the company operating from what it describes as its state-of-the-art scanning bureau on Sidings Business Park, off Freightliner Road. Launched in 2003, the past two decades have seen several expansion phases as demand has soared, and it is now looking internationally.
