H2 Equity Partners (“H2”) is pleased to announce it has exchanged contracts with discoverIE Group plc to acquire Acal BFi, a leading pan-European provider of value-added design solutions, electronic components, and custom products across a broad range of technologies and applications. Completion of the acquisition will take place following the satisfaction of certain regulatory conditions.

Acal BFi, with operations in the United Kingdom, Germany, France, Italy, Netherlands, Belgium and the Nordics, is one of the leading value-added design partners in Europe. The company goes to market through its highly qualified technical sales force, bringing a wide range of products from world-leading suppliers to its OEM customer base. Products include wireless modules, sensors, connectors, power, magnetics, Internet of Things, radiofrequency, imaging, photonics and fibre optics. End markets served include Industrial, Transport, Communications, Consumer, Defence and Medical.

Since the creation of Acal BFi in 2009, through the merger of Acal Technology and BFi Optilas, Acal BFi has transitioned from an electronics and photonics component distributor to a technology specialist. The investment by H2 Equity Partners will accelerate the development of Acal BFi’s customer-led strategy in Europe and the UK through further investment in design engineering support and the expansion of Technology Centres in high growth market sectors. For further information on Acal BFi please refer to https://acalbfi.com/ 

H2 Equity Partners will be investing in Acal BFi alongside the existing management team: Paul Webster (CEO), Darren Gray (Group Managing Director – Operations & IT), Stefano Gonzini (Group Managing Director – Sales) and James Syme (Group Finance Director).

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.