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New Deal


Announced

Completed

Laurel Solutions completed the acquisition of Servelec Technologies

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

hardware

Private

Electronic Components and Equipment

United Kingdom

telemetry

Single Bidder

Friendly

Majority

Completed

Acquisition

Synopsis

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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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