Foresight-backed Envair acquires TCS for £2m

Foresight portfolio company Envair Technology has acquired Total Containment Solutions (TCS) in a deal worth ТЃ2m.

The firm is currently investing from its Foresight Regional Investment fund, which closed on £58m in December 2016.

The funding takes the total investment in Envair Technology to £8m.

TCS managing director Dave McCabe will stay on with the combined company.

Onfab acquired Envair in July 2019. Foresight Group invested an additional £4m in Onfab to support the acquisition of Envair.

Company
TCS is a Lancashire-based fume cupboard manufacturer founded in 2004.

People
Envair Technology – Gary Bagshaw (managing director).
Total Containment Solutions – Dave McCabe (managing director).

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