Laser cutting firm cuts a deal with private investor

Laser Expertise, a Nottingham-based laser cutting company, has been sold to a private investment firm after more than 40 years of operation.

The deal was facilitated by KBS Corporate, with Parklands Capital, a private investment fund focused on established UK SMEs, now taking ownership of the company.

Founded in 1984 by Anton Schwarz and Dr. John Powell, the company has developed a strong reputation in the industry.

With a 30,000 sq ft facility and over 80 employees, Laser Expertise has expanded across the UK since moving to its current premises in 2002.

Schwarz reassured customers that the existing team will remain in place and said: “The contacts you deal with for all aspects of the business, as well as the company name and contact details, will stay the same.”

In a LinkedIn post, Tony Rudden, co-founder and CEO of Parklands Capital, said: “Absolutely massive achievement for the whole Parklands team to get this across the line. Thanks to everyone within Parklands, Laser Expertise and our partners for making this happen.

“We are truly delighted to have the team at Laser Expertise join us. Very excited for the months and years ahead as we build upon the fantastic legacy created by Anton and John. Two of the nicest, most genuine people you’ll ever meet.”

Matthew Sibley of KBS Corporate said: “Anton and John of Laser Expertise have created a growing company that, in facilitating their retirement, is being transitioned into a group of similar companies to continue to prosper.

“Parklands were good to work with too, being amiable, explaining their intentions and goals to the vendors and I throughout, and generally open to commercially focused compromise.

“I’d also like to thank Adam Gilbert of AG Corporate Law for representing the vendors in the transaction, ensuring they were fully aware and understanding of all the legal elements throughout, whilst providing any and all support needed.”