We’re pleased to announce that Horizon-backed Agilico has acquired Leemic, adding a further £3.5m of revenue to the Agilico Group and taking total revenues close to £70m. Established in 1972 and headquartered in Stockport, Leemic serves a significant number of customers across the North West of England and Scotland.
The business will form part of the northern region headed up by Regional Managing Director, Warren Colby, and strengthens Agilico’s business in the north, which already has operations in Gateshead, York and Manchester. The acquisition also provides Agilico with the opportunity to expand into Scotland where Leemic has a growing sales and service operation.
Warren Colby commented “Leemic is an excellent business which we know well having worked together previously with great success. When the opportunity to acquire Leemic arose, we had no hesitation in adding their expertise to the group.”
Agilico CEO, Simon Davey, said “Warren and I want to expand our presence in the north with high quality acquisitions and Leemic absolutely meets these criteria, with the same customer-centric values and excellent OEM relationships”.
Luke Kingston, Partner at Horizon Capital, said “Leemic is a high quality and well-respected operator and a great addition to the Agilico. We look forward to continuing to support Agilico as it executes its strategy to consolidate the fragmented MPS sector as the leading B2B document service provider.”.