Company Overview

Contronics designs and supplies laboratory monitoring systems, calibration and temperature mapping services to healthcare, life science and NHS organisations. Their temperature monitoring systems are integral for the storage of more than 85% of blood and blood products stored at Blood Centres in England and Wales.

Date of investment: 2020

Sector:Healthcare

How was the acquisition process?

Because of the Covid pandemic, all communication had to be completed remotely for the acquisition. Despite this, we were able to use our knowledge and experience of buying vertical market software companies to keep the process straightforward and smooth for all those involved.

As part of a succession plan organised separately and prior to the acquisition, Paul Flood, who had previously been Operations Manager for 15 years, had taken over as General Manager. When Stephane stepped down, he took on the role of an Ambassador within Vesta Software Group to help support us with further acquisitions.

2020 11 16

How has life changed at Contronics since the acquisition?

Implemented a plan that is structured to enable expansion for the coming years

Secured investment to double the R&D team

New product development strategy

Management of processes such as finance and IT have been taken of the teams' shoulders

Introduced opportunities for personal and professional development

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As part of the group, we get the best of both worlds. We've maintained our small, friendly feel, but also now have the reassurance and stability of being part of a bigger, established group.

Paul Flood - General Manager