OASIS Group (Offsite Archive Storage and Integrated Services) today announced the acquisition of the Northern Ireland operations of Filestores. The deal which concluded late last week sees the Craigavon based operation become part of the rapidly enlarging OASIS operation.
OASIS UK acquired FileStores NI, of Craigavon, Northern Ireland (NI). FileStores NI serves the Belfast market and adjacent areas. The acquisition of FileStores NI has made OASIS NI the market leader in the region. This new location will now serve as the OASIS NI headquarters and is led by Paul Nelis, the NI General Manager. The buildings and staff of FileStores NI will be integrated into the OASIS operations.
OASIS Holdings acquired Kings Inns Records Data (KIRD), in Dublin, Ireland. KIRD serves the Dublin market with several overlapping clients and territories of OASIS. The operations, inventory and staff will be relocated to the OASIS operations within the Dublin market while lead by the OASIS ROI General Manager, Gary Reeves.
Dublin, May 19, 2009 - OASIS Group (Offsite Archive Storage and Integrated Services) today announced it has completed a transaction which represents a major recapitalisation with Housatonic Partners and Sverica International. Existing management will retain a significant portion of equity as the Group prepares for rapid expansion in Ireland and the UK.
OASIS Group (Offsite Archive Storage and Integrated Services) completed a transaction, which represents a major recapitalization with multiple new investors with experience in the Records and Information Management Industry. Housatonic Partners, Sverica International and Oros Management have acquired the majority shareholding of OASIS with the “founders” of OASIS maintaining a small minority share. This investment was led by Dennis Barnedt of Oros Management who was also named Chief Executive Officer of the new OASIS group.
OASIS Group acquired Southern Records Management of Reading, UK. Operating from 6 locations around the Reading area this acquisition now allows OASIS to serve their existing clients within the UK Markets previously served with strategic partners.