Acquisition History / Restore plc / Synertec (Holdings) Ltd
Restore plc Acquires Synertec (Holdings) Ltd
Announced March 2025 — $29.7M
What happened
Synertec, founded in 1999, is a UK market leader in document solutions and hybrid mail, serving around 75% of NHS Trusts. Restore also assumed c.£11m of existing debt; deferred cash is payable in 2028 and 2029 subject to minimum profit levels.
- Acquirer
- Restore plc
- Target
- Synertec (Holdings) Ltd
- Announced
- March 2025
- Price
- $29.7M
- Industry
- Document management / business process outsourcing
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Restore plc acquire Synertec (Holdings) Ltd?
Restore plc acquired Synertec (Holdings) Ltd on March 2025. This was Restore plc's 1st publicly tracked acquisition out of 1 we have on record.
How much did Restore plc pay for Synertec (Holdings) Ltd?
Restore plc paid $29.7M for Synertec (Holdings) Ltd.
What does Synertec (Holdings) Ltd do?
Synertec, founded in 1999, is a UK market leader in document solutions and hybrid mail, serving around 75% of NHS Trusts. Restore also assumed c.£11m of existing debt; deferred cash is payable in 2028 and 2029 subject to minimum profit levels.
What other Document management / business process outsourcing companies has Restore plc acquired?
Synertec (Holdings) Ltd is Restore plc's only publicly tracked acquisition in Document management / business process outsourcing so far.