Souter Investments, in collaboration with Lyceum Capital, has invested in Agilico to support its growth and consolidation strategy in the UK's fragmented managed print and document management services market.

Information on the Target

Agilico, formerly known as DMC Canotec, is a prominent provider of managed print and document management services. Founded in 1991 in Croydon by CEO Jon Hill and his business partner Justin Nicholson, Agilico has established itself as a leader in its field. With a workforce exceeding 170 employees, the company is recognized as one of the largest and most advanced independent suppliers of print, archiving, and document management systems within the UK.

Given its extensive experience and expertise, Agilico is well-positioned to address the diverse needs of its clients, offering innovative solutions designed to enhance efficiency and reduce operational costs. Its commitment to quality and service has enabled it to build a strong reputation among businesses looking for reliable managed print services.

Industry Overview

The managed print and document management industry in the UK is characterized by a high level of fragmentation, with over 300 companies competing within the sector. This landscape presents both challenges