Wednesday, July 30, 2025

Bailie Group backs ITAD firm S2S with £500k investment

IT asset disposal specialist S2S Group has secured a £500,000 investment from Bailie Group, which now holds a 25% stake in the company. The move is part of S2S’s strategy to scale operations and deepen its footprint in the defence sector, where secure data destruction is a growing priority.

The Rotherham-based company has seen rapid growth in recent years, supported by expansion into London and Glasgow. In 2024 alone, S2S processed over 217,000 end-of-life IT assets, with 81% recycled and 19% resold. The firm is targeting 21% growth this year, aiming to reach £5.8 million in annual revenue.

Bailie Group’s investment is expected to accelerate S2S’s focus on high-security services such as electronic and remote data wiping, capabilities increasingly in demand among defence, finance and education clients.

For Bailie Group, whose portfolio includes communications and consultancy businesses, the deal represents its entry into the secure data disposal market. The acquisition aligns with its strategy of backing organisations that intersect security, sustainability, and innovation.

S2S plans to leverage Bailie Group’s strategic input and sector reach as it builds out its contract portfolio, particularly in high-assurance industries.

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