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Electronic excellence
After another year of positive growth , CB Technology continues to deliver excellence all round
CB Technology is a market-leading provider of high performing , reliable electronic products to both UK and international markets . Founded in 1999 , the company initially focused on the design and manufacturing of specialist probe cards for the semiconductor industry but quickly diversified into the testing and manufacturing of rugged downhole electronic assemblies for the oil and gas sector .
In 2014 , the business was acquired by a management team supported by a private equity firm , Maven Capital Partners . Having developed an impressive portfolio of blue-chip customers , the company ’ s new management continues to leverage the skills and expertise gained in delivering complex , tested electronics to strengthen the business in its current markets , as well as expand in terms of capabilities .
We sit down with John Cameron , CB Technology ’ s Managing Director , to talk us through the process behind the management buy-in
( MBI ) and how the team has delivered a 36 percent increase in turnover in its latest financial year , as well as changes in the market that have characterized the company ’ s operations over the last few years .
“ The company itself is over 20 years old and was established in Scotland by experts in the semiconductor industry ,” John begins . “ The founders built the company from the ground up , eventually growing to a turnover of around two-to-three million pounds .
Then , in 2015 , the founders were looking to retire , and we saw it as a great opportunity to acquire the business through an MBI , supported by Maven Capital Partners .
◀ John Cameron , CB Technology ’ s Chief Executive Officer
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