Grace Australia buys Toowoomba record management company INFOstor

INFORMATION management company Grace Australia has continued its focus on regional expansion, striking a deal to acquire Toowoomba-based record management company INFOstor.

The Courier-Mail reports Grace have made four acquisitions this year, three of which have been in regional cities, as well as AMS-Imaging in Melbourne.

Grace information management director Michael Hyland said the 107-year-old company, which specialises in information management, storage and removals, was growing rapidly and now employed about 850 people around the country.

“We’re able to bring solutions in information management to the market in the regional areas which are often left unattended or unserviced,” he said.

“We also endeavour to use the local community and get regional support.

“We employ local regional people, and use their facilities wherever we can ... that’s a big thing for us.”

INFOstor was the records management side of Toowoomba business Taylor’s Removals.

Mr Hyland said the acquisition would allow for scalability and efficiency improvements to deliver broader services in the area, and added the company had further expansion plans to consider in 2018.

“As a business we are continuing to research, and bring in new ideas and concepts,” he said.

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