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M2 fully merges into SCC
The managed print operation that SCC acquired five years ago will now be merged into the core business
SCC has deemed that the time is right after five years to fully merge its M2 managed print and document management operation into the core business.
The move will create SCC Managed Print & Document Services and marks the next chapter in a story that started when M2 was acquired back in 2014.
Under SCC ownership the M2 business has seen growth and been in a position to tap into a market for managed print services that has been experiencing increasing demand.
The M2 operation has also grown with the acquisition last year of the business processing outsource division of the Hobs Group, which was renamed M2 Managed Document Services to sit alongside the M2 managed print business.
The decision to merge the business fully into SCC will see John Taylor, formerly CEO of M2, take up a senior leadership role in the Rigby Group with Damien Baker being appointed managing director of SCC Managed Print & Document Services.
“Our acquisition of M2 has proved hugely successful and our shared capabilities have had a substantial impact on our overall service delivery capability," said James Rigby, Chief Executive of SCC.
“Now is the right time to formally merge M2 into the SCC business as we continue to grow and evolve our combined Managed Print & Document Services. The MPDS market has been on a convergence with IT for many years; together as one, the business is well placed to seize the opportunity these trends present,” he added.
The number of resellers looking at the managed print market as an opportunity is rising and in its analysis of the market last year Context found that distributors were fielding more enquiries about the technology.
“According to the distribution channel, more and more resellers are looking at complimenting their offering by having an MPS proposition (partnering with vendors directly or indirectly, or through MPS dealers to support their business)”, said Antonio Talia, head of business analysts at Context.