
Alcuin acquires Marsden
Alcuin Capital Partners has acquired digital weighing scales manufacturer Marsden Weighing Group.
Alcuin is currently investing from its fourth fund, which closed on £150m in July 2015 and was 66% deployed as of December last year. The fund invests £2-15m in UK-based companies with enterprise values of £5-30m across all sectors.
The company's family shareholders are stepping down from the business, while the current management team will stay on to lead it.
Following the release of a new product dedicated to the healthcare industry, Marsden plans to grow sales to the NHS and other healthcare organisations.
Company
Marsden manufactures weighing scales for the medical, industrial, veterinary and weight-loss industries. The company was founded in 1926 and is headquartered in Rotherham.
People
Alcuin Capital Partners – Nick Seaman (partner).
Marsden Weighing Group – Richard Black (managing director).
Advisers
Vendor – RSM (corporate finance); Castle Corporate Finance (corporate finance); EMV, Gurpreet Sanghera (legal).
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