Leading Swedish listed technology group Sdiptech has acquired Alerter Group, a British technology company providing emergency communications systems for disabled people in the UK and Ireland.
Alerter Group specialise in radio-based fire alarm systems for deaf and hard of hearing people, radio-based emergency disabled refuge systems, and other adaptable radio-based communication systems for high risk workplaces. The acquisition by Sdiptech will add circa £3m in turnover to the group and brings with it good profitability.
Paul Cliff, partner, who led on the deal, said: “This is the 5th acquisition we have supported Sdiptech on and we are delighted to have been able to advise them on this deal that provides them with further growth in the UK.”