Macaulay Capital supports secondary buy-out of Camloc Motion Control Limited (“Camloc”)
Macaulay is pleased to announce its latest investment; supporting the secondary buy-out of Camloc.
Leicester-based Camloc is a market-leading designer and manufacturer in motion control solutions. The business offers a wide range of bespoke solutions – ranging from lift assistance to lowering and counterbalancing of weights, to help ensure the safe manoeuvrability of equipment.
Camloc has an established global network of partners and distributors across the UK, Europe, North America, Scandinavia, the Middle East and Asia-Pacific, and its gas struts and dampers are used in a wide range of sectors from aerospace, military vehicle and signage to medical, speciality vehicle and rail projects.
Established in 1989, Camloc employs 40 people and has been backed by The Foresight Nottingham Fund, managed by Foresight Group, the leading listed infrastructure and private equity investment manager, since 2016. The transaction with Macaulay Capital will support the next phase of Camloc’s future growth, while also providing a successful exit for The Foresight Nottingham Fund. The existing management team will remain with the business, as part of the next stage in Camloc’s long-term succession planning.
Richard Bucknell, CIO at Macaulay, commented “Camloc is a proven business with a differentiated, high quality, engineering / solution-led model that sets it apart from its peers, and we’re delighted to be working with the team to help deliver on the company’s undoubted potential over the coming years. Camloc is a great example of sort of business that appeals to our HNW investors, delivering a strong yield alongside significant capital up-side potential.”
Julie Barker, joint managing director at Camloc, said: “This is another important step forward for our business. Over the past few years, we have successfully expanded the global reach of our products and invested in new manufacturing equipment to increase production capability and flexibility, further cementing our position as a leading player in motion control solutions.
“This deal structure enables both ownership succession and future growth and in Macaulay Capital, we have the right funding provider to support our growth ambitions, and we’re excited to see what the future holds.”
FRP Corporate Finance (corporate finance – vendors), Howes Percival (legal – Camloc management),Gateley (legal – Foresight), Harrison Clark Rickerbys (legal – Macaulay Capital), and Wilson Partners (financial due diligence – Macaulay Capital).