Inspirit Capital is a London-based investment firm that specialises in acquiring businesses that are no longer core to their parent company's strategic objectives and require a different ownership structure to achieve their full potential. Alongside our team's outstanding know-how and customer focus, I am confident that Alpha3 will be a very successful independent business." With Inspirit's support, Alpha3 now has the opportunity to operate in a more entrepreneurial environment and unlock its growth potential. As part of the transaction, the business will also benefit from a substantial funding line with Shawbrook Bank.ĭave Moore, managing director at Alpha3, said: "I am extremely excited by this development. Inspirit has assumed ownership with immediate effect and is making the investment from Inspirit Fund I. ![]() ![]() Operating across two sites in Scunthorpe and Stoke-on-Trent, Alpha3 serves multinational organisations spanning various end-markets including aerospace and defence, space and cryogenics, automotive, healthcare and industrials. The business operates across a number of brands including Tekdata Cryoconnect, Tekdata Interconnections, CTL Manufacturing and CCS Electronics. The firm has signed an agreement to acquire the Alpha3 Manufacturing group through a carve out from a UK division of US-based Avnet group.Īlpha3 specialises in the manufacture of complex electro-mechanical assemblies, cable harnesses and other electrical components. ![]() A UK manufacturing business supplying the aerospace and defence, space and cryogenics, automotive, healthcare and industrials sectors has been acquired by investment firm Inspirit Capital.
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