BDO carried out vendor due diligence on ETL Systems Limited which secured a minority investment from CBPE Capital.
ETL Systems Limited ("ETL") are designers and manufactures of radio frequency equipment used in the ground segment of the satellite communications market. ETL serves various end markets including broadcasting, energy, defence, government and maritime. The investment from CBPE Capital will support ETLs further expansion in order to take advantage of positive market drivers in the satellite industry.
"It was a pleasure to work with ETL on its recent minority investment from CBPE. This transaction is reflective of the strong business Ian, Esen and the rest of the ETL management team have built and the partnership with CBPE represents a great opportunity to accelerate the development of ETL as a leading global RF equipment provider. Congratulations to all involved in the transaction!"
Matt Lister, Transaction Services Partner