Announced
Completed
Financials
Sources
Tags
Private Equity
Single Bidder
Completed
Diversified Industrials
security equipment
Private
United Kingdom
electronic devices
Acquisition
Mbo
Friendly
Domestic
Majority
Synopsis
Lloyds Development Capital, a mid-market private equity house, completed the acquisition of Texecom, a manufacturer of external and internal electronic security devices, from Halma, a health and safety sensor technology group. Financial terms were not disclosed. “Our customers’ electronic security needs are becoming more complex than ever. By prioritising innovation, both organically and through acquisitions, we will continue to provide market-leading products and services to our clients so that they feel safe and can get on with their day-to-day lives," Jim Ludwig, Texecom Managing Director.
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