M&A Deal Summary

Azini Capital Partners Acquires Keronite

On January 1, 2007, secondary investor Azini Capital Partners acquired manufacturer Keronite

Acquisition Highlights
  • This is Azini Capital Partners’ 1st transaction in the Manufacturing sector.
  • This is Azini Capital Partners’ 4th transaction in the United Kingdom.
Investment Fate
  • Keronite was sold to a publicly-traded strategic buyer in 2022 for 35M USD.

M&A Deal Summary
Date 2007-01-01
Target Keronite
Sector Manufacturing
Buyer(s) Azini Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Keronite

Haverhill, United Kingdom
website
Keronite is a provider of Plasma Electrolytic Oxidation (PEO) surface treatment applications offering corrosion protection, wear resistance, thermal protection and electrical insulation for the defense, commercial aerospace and industrial vehicle markets, and also in semiconductor manufacturing. Keronite was founded in 2000 and is based in Haverhill, United Kingdom.

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Buyer(S) 1

Buyer

Azini Capital Partners

Investor Investor

website

Category Secondary Investor
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Azini Capital Partners LLP is a private investment group focused acquiring secondary interests in growth-oriented companies. The Firm looks to acquire minority positions (> 15%) in companies with at least $10 million in revenue. The Firm prefers acquiring interests in tech-oriented or tech-enabled companies. Azini Capital was established in 2004 and is based in London.

DEAL STATS #
Overall 10 of 19
Sector (Manufacturing) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 5
Country (United Kingdom) 4 of 11
Year (2007) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-09 OB10

London, United Kingdom

OB10 Ltd. is a global B2B e-Invoicing network. OB10 simplifies and streamlines the complex invoice-to-pay processes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-01 Aferian

Cambridge, United Kingdom

Aferian is a provider of media and entertainment technology solutions and IPTV services by working with over 250 operators in 100-plus countries. The company enables operators to meet the challenges they face as broadcast TV and online video moves to an all-IP future with managed over-the-top (OTT) offerings. Aferian is an expert in software, hardware, and cloud implementation that is able to deploy its own leading-edge technologies and integrate these with third-party and ‘upcycled’ legacy systems. At the forefront of the evolution of TV Everywhere, It helps operators to provide the features and functionality modern consumers are looking for in a multiscreen, multi-device entertainment world. Aferian was founded in 1997 and is based in Cambridge, United Kingdom.

Buy -
Mergr

Product

Company

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