Acquiring a UK provider of electronic component testing services as the platform for a buy-and-build.
Global leader in specialist electronic component laboratory testing services for satellites and space vehicles.
Business Situation
We acquired the UK player in this specialist market and embarked on a buy-and-build strategy to build more scale and achieve higher profitability.
The Journey
Acquiring and merging with competitors in France, Italy and Spain, we built the market leader with revenues overall growing from £4 million to £50 million and profit margins doubling, before successful trade exit.
