Investment in DFx Technology Limited by Percipient Capital

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Investment in DFx Technology Limited by Percipient Capital 2017-06-06T10:54:34+00:00

Project Description

Investment in DFx Technology Limited by Percipient Capital

DFx Technology british innovation logoHMT LLP, led by partner Andrew Thomson, director Paul Read and senior manager Ed Sutcliffe, advised Percipient Capital (“Percipient”) on their £1.2 million investment in DFx Technology Ltd (“DFx”).

Oxfordshire-based company DFx Technology Ltd designs, develops and manufactures energy-efficient electronic solutions for the global beverage dispense and commercial lighting markets.

DFx has experienced very strong growth over the past years, increasing turnover by 25% year-on-year and establishing a strong reputation in both the global beverage dispense and commercial lighting markets, under their brands DFx Controls and Planetsaver LED lighting.

Advised by HMT, Percipient Capital invested 1.2 million in DFx Technology.

The company intends to use the investment to help fund and consolidate the rapid growth it is experiencing. As part of its growth strategy, DFx will invest heavily in a new high-tech manufacturing facility to be based in Witney, Oxfordshire. In addition, the company will convert their current premises into a dedicated Engineering Centre of Excellence, designed to facilitate the development of the most advanced energy-saving technologies over the next 10 years.

HMT LLP provided due diligence services for Percipient Capital.

Jason Gould of Percipient Capital commented:

“We were, for commercial reasons, keen to progress our investment into DFx as quickly as possible. The HMT team were quick to respond to our needs and completed the whole project in short order, whilst still maintaining a high quality and diligent approach to the transaction. We are delighted with our investment into the company and look forward to working together with DFx and HMT.”

Andrew Thomson commented:

“We were delighted to advise Jason and Percipient on their investment in DFx.  This is an exciting opportunity for Percipient to invest in a fast-growing technology company.”