Announced
Completed
Financials
Tags
Private Equity
hardware
Private
Electronic Components and Equipment
United Kingdom
telemetry
Single Bidder
Friendly
Majority
Completed
Acquisition
Synopsis
Laurel Solutions, an affiliate of private equity firm FFL Partners, completed the acquisition of Servelec Technologies, a UK based provider of remote monitoring systems, secure SCADA systems, and business optimisation software providing complete end-to-end automation and optimisation solutions to clients around the world. Financial terms were not disclosed. "We are excited to partner with Servelec Technologies’ highly-talented management team, and plan significant investment in innovative products and solutions that will enhance the Company’s already outstanding offerings," Martin Carter, Laurel Solutions CEO.
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