CBPE Capital takes majority stake in Ideal Networks

CBPE Capital has acquired a majority ownership stake in Ideal Networks, the provider of portable handsets for data cable and network testing, validation and certification. 

CBPE is acquiring the business from its former parent, Ideal Industries and will be investing alongside the incumbent management team led by Paul Walsh, CEO. Terms of the transaction have not been disclosed.
The management team involved in the acquisition also include Chief Finance Officer Scott Paterson, Development Director Peter Kent, Operations Director Russell Stratton and Marketing Director Tim Widdershoven.
“Business will continue as normal across the world with no interruption of supply through our distribution partners," stated Walsh. 

“What will change is our ability to respond faster to market needs through innovation.”

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