Deep Sea Electronics
Deep Sea Electronics designs and manufactures control units for diesel-powered electricity generators (‘genset’), intelligent chargers and control units for ‘off-highway' machinery such as fire engines, tractors and diggers. The company is based in Hunmanby, Yorkshire, where all manufacturing takes place.
Investment thesis
- Maintained and develop position in the genset market, with increased volumes as the market grows as well as taking incremental market share through product innovation and entering new geographies.
- Further penetrate the larger ‘off-highway’ market.
- Enhance operational efficiency with a focus on working capital cycle and manufacturing productivity.
Type of investment
Management buyout, majority
Initial equity investment
£117.2m