Elbrus Capital, Russian equity firm recently bought OSG Records Management from Aurora Russia. {{{*}}} The target company was acquired through a secondary buyout that puts its value at between USD25 and 50 mln. It is intended that the transaction will close in early March 2013, with Aurora Russia exiting the company nearly seven years after its initial investment in the Warsaw/Moscow-based operation. Aurora’s association with the company has given OSG the privilege of being traded on the Aim exchange in London.
OSG Records Management is a document storage and archive solutions company with a wide footprint that spans Russia, Ukraine, Belarus, Poland, Kazakhstan, Armenia and Bulgaria. With 40 facilities and 500 employees, Krzysztof Bobrowski-led OSG has a GBP1.7 mln EBITDA and posted GBP10.8 mln in revenues for H1 2012. The company was founded in 1998.
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