• New York
  • Berlin
  • London
Epiris
Sector:
Telecoms
Transaction Type:
Acquisition
Date:
July 2022
Deal Value:
Undisclosed

Oakley Advisory Limited (“Oakley”), the independent corporate finance firm offering specialist advice across the TMT sector, has advised Epiris on its investment in Sepura, a leading provider of digital radio systems for mission-critical communications.

Headquartered in the UK’s technology hub around Cambridge, Sepura is a global leader in the design, development and supply of digital radio devices and associated ecosystems for mission-critical applications using Terrestrial Trunked Radio (or “TETRA”), a technology that offers a resilient and secure voice and data platform designed for government and emergency-service users. Sepura is one of the global market leaders in the public safety market serving police, fire and ambulance services worldwide. It also supplies other sectors, including transportation and mining, where instantaneous, crystal-clear and reliable communications are essential to safety, security and efficiency. Over two million Sepura devices are in use in more than 100 countries worldwide.
The investment is being made through Epiris Fund II.

The Oakley team comprised Chris Godsmark, Marc Jones, Oliver Temple, James Whyms, Kate Washington and Matthew Plastina

Ian Wood, Partner at Epiris, commented:

“Epiris focuses on acquiring business where it can see an opportunity for transformational growth and is an expert in corporate carve outs. We also have a strong track record in the professional electronics sector, meaning we will be a strong partner for the Sepura management team as the business returns to being an independent company. Oakley are specialists in the technology sector and having known Sepura for many years, Oakley worked closely with us to navigate the complex carve-out of this market leading business.”

Marc Jones, Managing Director at Oakley, commented:

“We are delighted to have advised Epiris on this landmark transaction, which entailed a complex carve-out from a larger corporate group. We believe Epiris will be a great home for Sepura, with a clear opportunity for substantial growth in the business, and wish Steve Barber and the rest of the Sepura management team well in the next chapter of the company’s development.”

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