Intelligent Lifecycle solutions acquires ISS
We are very pleased to announce the acquisition of Intelligent Storage Solutions Ltd (ISS) by Intelligent Lifecycle Solutions Ltd (ILS).
ISS is a leader in the repair, rectification and recycling of disk drives thus maximising the asset recovery value and the delivery of class leading data destruction services. This sale will enable the significant development of the business both locally and internationally.
ISS has seen exciting growth in its business in recent times and this investment enables that to continue and develop further. ISS will continue to trade and serve its customers in exactly the same way with no changes to the team or management.
Jon Godfrey – Director of ILS said “we are delighted to welcome ISS and the team to our business and we are excited to be contributing to their on-going successes”.
Mark Wallace – CEO of ISS added “it’s a pleasure for us to be joining the team at ILS who we feel can best take ISS to the next level. Our technology and development plans enable us to grow and develop opportunities in new markets.
An Outstanding Year
The ILS team have completed an incredible year. Intelligent Storage Solutions (ISS) has been integrated and the businesses are operating very successfully together. ISS and ILS systems have been integrated including common finance and CRM and the new team is working extremely well together. All of the existing ISS team have remained with the business and are enjoying a set of new and fresh challenges.
In the first six months together ISS has doubled its size with several major long term contracts and has improved both service levels and efficiency. The team are planning new facilities in Scotland and in the USA.
As well as investment in new clients and contracts, ILS has been supporting the development of new technology and an announcement will be made shortly regarding the launch. Jon Godfrey – Director of ILS said “it’s truly been an incredible year. We’ve all worked extremely hard and the team have achieved outstanding results. We have a team of great people and really it’s thanks to them.”