Intec Microsystems has been acquired by private equity investor Chiltern Capital and its management team, with growth plans to exceed £100 million in the next 12 months.
As part of the deal, the previous majority shareholder, Dean Leather, will step down from his role and the business will continue to be run by existing directors, Andy Russell, Ian Whatton, John Lester and Stuart Hall. Industry veteran Alan Cantwell will join the Board as Executive Chairman to oversee Intec Microsystems’ next phase of growth.
