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EMC Corporate Finance helps Corona complete another acquisition

Falcon1a
21st Apr

EMC Corporate Finance has completed its second major deal in nine months on behalf of Corona Corporate Solutions Ltd (CCS).

The London-based supplier of printers, photocopiers and document management solutions has now acquired Falcon Document Solutions of Tring, Hertfordshire, to add further strength to its fast-growing business.

The deal follows last year’s takeover by CCS of Corporate Information & Communication Technology Ltd. a provider of telecoms and network services to businesses.

EMC Chief Executive Nik Askaroff, Insider South East’s 2015 Dealmaker of the Year who led the team advising Corona Corporate Solutions on both acquisitions, said: “Corona’s founder, James Stephens, has very ambitious growth plans and we are delighted to be working with him and his team to help identify potential targets and then negotiate the deals to a successful conclusion.”

James Stephens said: “EMC’s support in both deals has been invaluable. They’ve been beside us right the way through. What might otherwise have been a somewhat bumpy ride has been made a lot smoother by their calm professionalism.”

CCS is one of the fastest growing and dynamic digital solutions providers in the UK – supplying, installing and maintaining MFDs, print management solutions and a full range of telecommunication products and services from market-leading brands.

This new addition to the CCS family enhances the company’s capabilities still further, with a consolidated product and service portfolio which continues to focus on helping organisations improve efficiency, increase productivity and reduce costs.

Legal support was provided by DMH Stallard for CCS and Morrisons for Falcon.

Falcon

Pictured (left to right) Abigail Owen (DMH Stallard), James Stephens, Chris Morris (Newman Morris, accountants), Richard Guttfield (Falcon), Nik Askaroff and Karen Lord (Morrisons Solicitors)

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