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).
