Rigby Group acquires M2 Digital from ECI Partners
Rigby Group has completed the acquisition of M2 Digital, a UK-based managed print services company, from private equity firm ECI Partners through its technology brand, SCC.
Rigby Group is focused on five core areas: technology, aviation, hotels, property and investments.
M2 Digital and its 180 employees will merge with immediate effect into Rigby Group’s SCC business although it will retain its standalone brand for the foreseeable future.
Stephen Rigby, Rigby Group chief operating officer, says: “We have very been very transparent in our desire to grow our group of businesses through acquisition and with a strong cash balance, we are in a very good position to do this. This deal is a perfect example of how we will look to add additional strength and capability to our core divisions. We anticipate further acquisitions to be completed in the near future as we continue our strategy of growth through further investment.”
David Mitchell, M2 chairman, says: “The board and ECI are delighted with this outcome, I am confident that SCC is the right home for M2. We wish CEO John Taylor and all at M2 best of luck and success for the future."
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