Convex led the sale of managed service provider Apogee Corporation, a leading manufacturer-independent provider of print and document technology and services, to Equistone in a transaction valuing the company at £185 million.
The Maidstone-headquartered company employs in excess of 450 staff and operates from 14 office locations across the UK and Europe. Apogee has grown run rate turnover to more than £120 million this year and provides organisations with document technology and managed service solutions from multiple global brands including Ricoh, Canon, Xerox, Konica Minolta and Kyocera.
Apogee will continue to be led by joint CEOs Jason Collins, who co-founded the company in 1993 with Barry Ferdinand, and Robin Stanton-Gleaves.
