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Mayfair Equity Partners
Oakley advises Mayfair Equity Partners on the acquisition of shares in Ultrahaptics
Sector:
Other
Transaction Type:
Acquisition
Date:
July 2019
Deal Value:
Undisclosed

Oakley Advisory Limited (“Oakley”), the independent corporate finance firm offering specialise advice across the TMT sector, has advised the private equity firm Mayfair Equity Partners (“Mayfair”) on the acquisition of shares in Ultrahaptics, the world leader in mid-air haptics technology.

Founded in 2013 and based on technology developed at the University of Bristol, Ultrahaptics’ core technology uses proprietary algorithms and supporting hardware to project ultrasound-driven tactile sensations in mid-air. Users can ‘feel’ and interact with virtual objects and controls, using freehand gestures to interface with technology and content in mid-air.

Chris Godsmark, Oakley Managing Partner, commented:

We are delighted to have worked with the Mayfair team on the increase in its shareholding in Ultrahaptics, the hugely exciting mid-air haptics company. This is another example of our ever expanding network of relationships with leading private equity firms.

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