As part of the deal, a new CEO, Tomas Gronager, will join to lead the senior management team.
Gronager has over 15 years senior executive experience internationally across facility services, serviced offices, real estate, hotels, and records management and was previously a senior VP at ISS Facilities Services.
Under his leadership the company plans more ambitious growth. His strategic vision, backed by LDC, is to develop an Integrated Records Management (IRM) outsourcing solution consisting of three main activities: Archiving (storage), Scan-on-demand / Software as a Service and Destruction.
Gronager will be supported by the existing management team comprising Michael Davies, Trevor Cook, and Trevor Basset.
The focus for Sala’s buy and build strategy will be to grow organically and to identify and undertake strategic acquisitions as a means of enhancing its existing position in the market, said LDC.
Sala operates from Shoeburyness, Essex, and has recently opened a new state of the art facility close to Leeds.
LDC director Yann Souillard said LDC philosophy is to back great management and focus very clearly on creating shareholder value.
"I think our investment strategy on this transaction of maximizing cross sell opportunities from the provision of wider services and acquiring additional businesses to deliver an integrated offer and boost scale will prove very successful. Tomas Gronager and his team have an exciting vision for Sala that can transform the company into a major player and bring considerable benefits for clients," Souillard said.
