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News

Primary Backs the MBO of Foster+Freeman

August 2019

 

 

 

Foster + Freeman was founded in 1978 by Doug Foster and Bob Freeman, and has become one of the foremost forensic science equipment suppliers in the world, exporting market-leading, and in many cases unique, products from the UK to more than 160 countries worldwide.  The management buy-out has been supported by Primary Capital Partners (‘Primary’) with the balance of funding coming from debt facilities provided by HSBC.  

 

The business has a world-class R&D team with a track record in producing industry-leading technology, including the new Recover product which is the only technology available worldwide for developing fingermarks on fired ammunition casings / bomb fragments.   

 

Foster + Freeman continues Primary’s strong track record of investing in high-quality, differentiated niche leaders in specialist manufacturing and industrial products and services. Primary’s deal team was led by Alistair Armstrong supported by Pete Lyons.

 

 

 

 

Contact Jackie Adams for more information

Tel: +44(0) 20 7920 4800

Email: jackie@primaryeurope.com

read more about Foster+Freeman here

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