Laser Expertise, a fabrication specialist established for over 40 years, has been sold to Parklands Capital – who will aim to build on the company’s “fantastic legacy.”
Based in Nottingham and operating nationally, Laser Expertise has continued to expand since moving to its current facility in 2002. With over 30,000 sq ft of workshop space and employing over 80 people, the company has become one of the UK’s leading laser cutters.
Anton Schwarz and Dr John Powell founded Laser Expertise in 1984. In a deal led by Matthew Sibley, KBS Corporate Associate Director, the company was sold to Parklands Capital, a private fund which invests in established UK SMEs with ambitious management teams and strong growth prospects.
“Laser Expertise’s commitment to providing all our clients with the highest quality products, focusing on the design and manufacturing processes to ensure repeatable quality, is identical to Parklands Capital’s commitment to making acquisitions seamless,” said Anton Schwarz.
In a message of reassurance to clients, Anton added: “We would like to reinforce that the team responsible for the exceptional quality and service you have become accustomed to will continue to be directed by Amanda, Lee, Matt and Richard, supported by John and myself.
“The contacts you currently deal with for all facets of the business will remain the same, along with the company name and contact details.
“Together, they look forward to strengthening our range of quality products and services and continuing to listen to you, our customers. We thank you for your business over all these years.”
Tony Rudden, co-founder and CEO of Parklands Capital, said: “This is a very exciting opportunity for the entire team at Laser Expertise.
“With the support and infrastructure of the Parklands Capital group, Laser Expertise will be able to continue to innovate and invest in the latest technologies, delivering even greater levels of quality, service and metalwork to all our clients.”
Matthew Sibley of KBS Corporate said: “Anton and John of Laser Expertise have created a growing company that, in facilitating their retirement, is being transitioned into a group of similar companies to continue to prosper.
“Parklands were good to work with too, being amiable, explaining their intentions and goals to the vendors and I throughout, and generally open to commercially focused compromise.
“I’d also like to thank Adam Gilbert of AG Corporate Law for representing the vendors in the transaction, ensuring they were fully aware and understanding of all the legal elements throughout, whilst providing any and all support needed.”
