Nottingham based Eight Days A Week Print Solution (EDWPS) has been the subject of a management buyout.
Managing director, Lance Hill, led the transaction with the team including Karen Herbert and Jake Beardsley. Former owner and chairman, David Beardsley, who has taken the opportunity to retire.
EDWPS specialises in direct and essential mail, digital print, web to print and hybrid mail for a range of sectors including healthcare & pharmaceutical, retail, education, financial services and travel & leisure. The business generates a £5m turnover business and employs 20 staff at its Nottingham facility.
Hill said: “We are very excited about the future, we’ve managed to ride through a tough 12 months, partly due to our significant footprint in the healthcare & pharmaceutical sector which has been very stable, and we have also seen some growth. Many of our customers understandably pressed pause in the eye of the storm, but we are now seeing them come back with positive plans for the rest of this year, and into the next. This business is fundamentally solid financially, which is a compliment to David’s hard work over the years which has created a great foundation for the next phase of growth.”
EDWPS has taken advantage of the government Kickstart scheme to employ two production operatives via the IPIA who set up a gateway for smaller businesses to access the scheme. The firm is also recruiting for another account manager to join its client services team.
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