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BUSINESS PRODUCTS & SERVICES | Office furniture & equipment
tidyfiles.co.za

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Stage

Acquired | Acquired

About Tidy Files

Tidy Files is a provider of end-to-end filing and storage solutions (both paper-based and electronic information management solutions) in South Africa.

Tidy Files Headquarter Location

Argent House 23 Loveday Street Ext, Selby

Johannesburg, 2001,

South Africa

011 943 4210

Latest Tidy Files News

Metrofile acquisition of Tidy Files receives competition commission approval

Aug 28, 2017

Business Report  / 28 August 2017, 2:30pm / Staff Reporter Pfungwa Serima from Metrofile. Image supplied. Johannesburg - Metrofile Holdings Limited(JSE: MFL), a market leader in records and information management, on Mondayannounced that Competition Commission approval has been granted for its 100%acquisition of Tidy Files. A leading provider ofend-to-end document management and storage solutions in Southern Africa . Initially announced in June 2017 subject to approval,Metrofile said the R75 million acquisitions have been funded with cashresources and is official as of 1 August 2017. Pfungwa Serima, Group Chief ExecutiveOffice (CEO) at Metrofile Holdings Limited, said that the acquisition wasaligned with the company’s strategic growth objective, “Through the acquisitionof Tidy Files, Metrofile can complement and expand its client service offeringacross Africa and the Middle East , providingan even more complete range of filing and archiving solutions across allindustries.” Tidy Files is a leadingprovider of end-to-end document management and storage solutions in Southern Africa , renowned for the design, supply andimplementation of Paper-based and Electronic Document and Records ManagementSolutions. Serima said that Tidy Fileswas a perfect fit for the growing Metrofile brand. Not only is it a leader inits own right, the niche vertical solutions it provides are opportunities forMetrofile to grow and expand within its current client base: “Tidy Files is agood business and we are already seeing the benefits for both brands unfold aswe move forward as a Group.” Read also: Dow, DuPont merger hearing next month He said one such solution wasan end-to-end digital filing solution, which uses highly advanced software toturn raw customer data, on demand, into formatted, ready-to-use documents:“Digital offerings are key to growth and being able to provide current and newclients with an innovative digital solution that is customisable for anyindustry is extremely attractive.” Gavin Leonard, CEO, TidyFiles, said that the timing was right for the Metrofile acquisition: “We havegrown the business into a recognised leader with the support and backing ofprivate equity firm Spirit Capital for the last ten years. Time to expandand launch a new growth trajectory was imminent, so the Metrofile acquisitionwas positively received and is an exciting new period for the company.” Leonard said that theexecutive management team would remain intact, and were inspired and motivatedto take on the new challenges presented by being part of a market leader suchas Metrofile. “We are looking forward to expanding beyond the South Africanborders as well as taking advantage of the numerous leads into the localenterprise sector thanks to the network within Metrofile.” - BUSINESS REPORT ONLINE

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