Summary
Sarsen Technology, a Marlborough-based distributor specialising in embedded boards, systems, and software for defence, aerospace, and cyber security applications, has been acquired by HIPER Global UK, an international hardware group.
Summary of transaction details:
- Value: Not disclosed
- Sector: Technology (Defence, Aerospace, Cyber Security)
- Advisor: Not mentioned
- Key Entities: Sarsen Technology (Target), HIPER Global UK (Acquirer)
- Location: Sarsen Technology is Wiltshire-based (Marlborough), HIPER Global UK's UK base is in Wokingham, Berkshire.
Note: This acquisition is expected to significantly boost Sarsen Technology's growth by providing access to expanded engineering capabilities and increased investment capacity under HIPER Global UK's ownership, integrating the company into HIPER Global's organisational structure.
Lead Investor / Acquirer
HIPER Global UK
Advising Broker
Undisclosed Firm
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Original Source
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