Mobeus invests in Access-IS

The investment will be used to increase the company's sales and manufacturing capabilities.

Company
Established in 1985 as a specialist keyboard maker, Access-IS is now a manufacturer of equipment used to capture and transfer information into electronic systems based on bar codes, radio-frequency identification and image-processing techniques.

The Reading-based business generates 80% of its sales overseas. Customers typically hail from airlines and airports, and the security, public transport and ticketing sectors.

People
Guy-Franck Makach is CEO of Access-IS, while Alistair Crawford chairs the business. Chris Price led the transaction for Mobeus and Guy Blackburn has joined the board.

Advisers
Equity – Squire Patton Boggs, Tim Hewens, Claire O'Connor and Jessica Kolhorn (Legal); Fairgrove Partners, Paddy Woods Ballard (Commercial due diligence); PwC, Peter Brook (Financial due diligence); Highwire (Management due diligence); Glenn Mills (Operational due diligence).
Management – Osborne Clarke, Rob Wood, Mike Freer (Legal); James Cowper, Stewart Lambert, Stuart Williams (Legal).
Vendor – Spectrum Corporate Finance, Darren Miller (Corporate finance).

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• Topics
• UK / Ireland
• Buyouts
• Technology
• Mobeus Equity Partners