Sirius A Corporation
Investee biography:
Sirius was founded in the 1970s when it made one of the first laser cutting machines in the UK. The business has grown steadily over the years as a result of increasing demand for low volume, high precision components used in industries such as cleantech, aerospace and non-automotive vehicle electrification.
As a result of a successful buy and build strategy, it operates under a number of different brands. They include Sirius Supply Chain Solutions and Precision Laser Processing in Rugby, Intec Project Engineering in Redditch, Laser Process in Cannock, Quality Components in Pontefract, LaserIT in Bristol and Essex Laser Job Shop.
Deal Summary
- Investment amount: £5.5m
- Transaction: MBI
- Location: West Midlands
- Sector: Manufacturing
Investment Director
FDC Investment:
Sirius secured a £5.5m finance package from Frontier Development Capital (FDC) to support its growth nationwide.
The funding will enable the manufacturing and supply chain advisory group to consolidate its position as one of the UK’s largest outsourced suppliers of laser cutting, fabrication, precision machining and supply chain solutions services. It will also allow directors Bill Boswell and Ben Cufley to complete the management buy-in they began in 2018.
