Global manufacturer of electronics solutions



Advanced manufacturing



Deal type

Management Buyout

Investment size

Undisclosed - 3.4x return

Investment date(s)

2013 - 2018


"GTK has grown tremendously since the MBO, driven by a continued investment in sales reach, operational capabilities and international expansion. It has been a great journey to go on with YFM who have been the supportive partner they said they would be."

John Morath, CEO of GTK

The business

  • A world-class manufacturer of high quality electronics solutions, including cable assemblies, connectors and optoelectronics
  • Headquartered in Basingstoke next to its main factory, with an office in Taiwan and manufacturing affiliates worldwide
  • A well established business with a diversified customer base

The strategy

  • Back the ambitious management team to buy out the retiring founder and chair
  • Maintain the high customer retention by offering a difficult to replicate and responsive service
  • Invest in innovation and expand the core product ranges for organic growth

The developments

  • Expanded UK production capabilities, launched new products and invested in the sales team to support growth
  • Developed strategic manufacturing partnerships in the Far East and, although not in the original plan, opened a custom built factory in Romania
  • Secured full AS9100C accreditation to enable work on military specific applications in response to customer demand
  • Sold to Volex plc, a strategic trade buyer, in 2018 for a 3.4x return
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