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Oasis Records Management Has Been Acquired
DUBLIN--(BUSINESS WIRE)--Oasis Holdings Limited ("Oasis") announced today that it has been acquired by Sverica International and Housatonic Partners.
Oasis is a growing company in the records storage industry, serving customers in the financial, legal, healthcare, and government sectors. The company's service offerings include hard copy storage, media storage, imaging, digital archiving, and destruction. Oasis is headquartered in Dublin, Ireland with additional offices in Belfast and London.
Sandro Mina, Managing Director at Sverica International, commented: "We are delighted that our relationship with Housatonic Partners and the management of Oasis has culminated in this investment. Oasis is an example of Sverica's strategy of investing in business service companies with recurring revenues and a track record of strong internal growth. We look forward to working with our partners and management to drive continued growth through strategic and operational initiatives."
Will Thorndike, Managing General Partner at Housatonic Partners, commented: "We are excited to add Oasis as our fourth investment in records management, an industry which exemplifies the economic characteristics we focus on. Oasis has a broad customer base and significant growth momentum. We look forward to working closely with the management team and Sverica International to further build the company."
Glen Reid, Interim CEO of Oasis, added "We welcome this partnership with Sverica International and Housatonic Partners, firms that share our commitment to building long-term client relationships. The partnership will allow us to leverage Sverica's and Housatonic's resources and industry experience to continually improve our services to current customers as well as to enter new markets."
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