Sale of Torus Technology Group Limited to Industrial Physics LLC

Deal typeM&A & Private Equity
IndustryManufacturing
Sub-industryEngineering & Food and drink
Client nameTorus Technology Group Limited
BDO has advised the shareholders on the sale of Torus Technology Group Limited to Industrial Physics LLC, a portfolio company of US Private Equity house, KKR. Torus is a manufacturer and global provider of custom designed and automated inspection & testing systems. 

Based in Telford, with a team of over 130 and revenues of approximately £20 million, Torus is a metrology-centric company, driven by a commitment to technical excellence. Torus offers advanced measurement solutions for dimensional and destructive testing across various industries, including packaging, aerospace, automotive, pharmaceutical, and medical. In addition, Torus offers a comprehensive range of services, including UKAS-accredited calibration, CMM inspection & programming, and comprehensive aftersales support.

Industrial Physics, is a global provider of advanced testing and inspection solutions, serving the food and beverage, packaging, and various other industries. Backed by KKR, a leading global investment firm, the consolidated business advances KKR's funds' strategy of acquiring and building companies within the Testing, Inspection, and Certification (“TIC”) sector.

 

“The BDO Industrials team sold my previous business and achieved an excellent outcome, so it was natural to choose them to sell my next business venture… and they were excellent again. BDO achieve excellent outcomes through hard-edged negotiation, deep insights into industry and a strong international network which delivered a sale to another strategic US buyer. They act as true partners and their hands-on approach was invaluable, getting stuck into the detail to bring out the key areas of commercial value and support the management team throughout the demands of the process. I would highly recommend BDO to anyone considering a business sale.”

Leigh Robinson – Owner, Torus Technology Group Limited

 

 

"This deal reflects BDO’s ability to attract US buyers and the continued appetite of US PE-backed businesses for exciting and dynamic companies. The combination of Torus and Industrial Physics will generate numerous opportunities for both parties going forwards"

Roger Buckley - Partner, BDO