Alantra advised CP Electronics, the UK’s leading manufacturer of lighting control systems, on the sale of the business to the French industrial group Legrand

Apr 2016

Sell-side advisory

Alantra has advised CP Electronics, the UK’s leading manufacturer of lighting control systems, on the sale of the business to the French industrial group Legrand.

Founded over 40 years ago, CP Electronics assists its blue chip customer base in reducing their operating costs and carbon footprint through an extensive range of energy saving controls. The company now employs in excess of 180 people and demonstrates an unrivalled commitment to innovation, quality and excellent customer service.

Inflexion invested in CP Electronics in January 2014 through its investment in Aspen Pumps. With a best-in-class product suite and international distribution network, the company had enjoyed rapid growth. Working alongside the ambitious management team, led by Marcus Martin, Inflexion encouraged investment in the sales function to drive core market growth in the UK. Further investment was made into new product development and into the infrastructure of the business to ensure a sustainable platform for future growth. Inflexion also introduced a number of key individuals to the team; the successful CEO and Chairman of Aspen Pumps took active Board roles and Inflexion introduced an experienced international operator to help develop further penetration of the attractive European market. Under Inflexion’s ownership, revenue and profitability has grown in excess of 40%, whilst staff numbers have increased over 35%.

Alantra has had a long standing relationship with CP Electronics having advised the company on the original investment from Inflexion, and working alongside the enlarged shareholder base and Board since then to continually assess their strategic options which culminated in the sale to Legrand.