Laurel Solutions, a portfolio company of FFL Partners, said March 14 that it acquired Servelec Technologies. Financial terms weren’t announced. Servelec Technologies, of Sheffield, U.K., provides remote monitoring systems, secure SCADA systems, and business optimization software.
PRESS RELEASE
SAN FRANCISCO –March 14, 2019 – FFL Partners (“FFL”), a private equity firm focused on growth investments in middle market companies, today announced that its affiliate, Laurel Solutions, has completed the acquisition of Servelec Technologies, (“the Company”), a market-leading provider of remote monitoring systems, secure SCADA systems, and business optimization software providing complete end-to-end automation and optimization...
