Addleshaw Goddard has advised CBPE on its investment in ETL Systems, a leading global designed and manufacturer of radio frequency distribution and satellite communications equipment.
The AG team was led by Paul Medlicott and Christina McNally and included teams from across the business.
ETL serves markets including broadcasting, energy, defence, government and maritime, and has a distinguished track record of growth and technological innovation in support of its international client base. The company is the recipient of multiple industry accolades including three Queens Awards in recent years.
The investment in ETL continues CBPE’s successful track record of investing in industrial technology companies.
Paul Medlicott said: "This is a great fit for CBPE and an excellent example of how private equity can be used to fuel growth ambitions. ETL has a superb reputation in the the satellite technology market and is now well-poised to step up to the next stage of their strategy. We are delighted to have been able to offer our help and expertise to one of our longstanding institutional investor clients."