TEL: LONDON +44 (0)20 7920 4800 / MANCHESTER +44 (0)161 641 1000


Primary backs £35 million buy-out of AMTECH Group

March, 2010


Primary has backed the GBP35 million funded management buy-out of AMTECH Group Limited (“AMTECH”).  The transaction represents Primary’s sixth deal in the software and IT services space in recent years and the sixth investment in its current fund, Primary III.  


AMTECH has four market-leading product suites: software for electrical design testing and inspection (APS), product and pricing information for the M&E market (Luckins), estimating and cost control software (Estimation) and digital specification libraries for building standards & codes of practice (NES). The group has recently launched Luckins Live, a web-based product and pricing information portal for the M&E industry.  It is headquartered in Milton Keynes, with operations in Stamford, Solihull and Manchester.


Primary was attracted to the opportunity by AMTECH’s embedded ‘industry-standard’ software, high recurring revenue base, strong cash generation, the potential to realise future benefits from rolling out best practice from its acquisitions on a group basis and the chance to continue pursuing its successful ‘buy-and-build’ strategy. AMTECH has a resilient business model operating in niche markets and products which are focused on business-critical areas.  Primary was awarded exclusivity after a competitive auction process, with high deliverability cited as a key determining factor.


Contact Jackie Adams for more information

Tel: +44(0) 20 7920 4800


read more about investment

©2021 Primary Capital Partners LLP   :   Authorised and regulated by the Financial Conduct Authority (FCA)   :   Disclaimers   :   About this site   :   Privacy Policy  :  Sitemap


winnerBanner.jpg PEA2017_Winner_Logos_Individual_Horz_V3.jpg


We use cookies to remember your preferences and provide you with the very best experience on our website. Please click the
button to approve our use of cookies. To find out more, see our Privacy Policy.