Broadcast News

Bookmark and Share

GE Commercial Finance funds Datalink Electronics' Quasson acquisition

GE Commercial Finance Ltd. (GECF Ltd.) has provided funding for a transaction through which Loughborough electronics manufacturer, Datalink Electronics Ltd, successfully acquired Andover-based Quasson from Autocue Ltd in a trade and assets deal.
The financing provided by GECF Ltd., a leading UK provider of business finance solutions, enabled the acquisition and provided Datalink Electronics with ongoing working capital headroom. Tenon Corporate Finance, East Midlands, served as adviser for the transaction.
Datalink manufactures high quality, high technology electronic assemblies in the low to medium volume markets dedicated to military, scientific, medical, oil and gas and environmental sectors. Quasson operates in the growth sectors of broadcast electronics and communications and will become a sole subsidiary of Datalink.
Commenting on the deal, Neil Kindness, Director at GECF Ltd, said: "Datalink is an attractive business for GECF Ltd to fund, having historically operated successfully in a growing market. Quasson is a complementary acquisition allowing Datalink to grow even further."
Ian Wilson, Director of Datalink, said: "Acquiring Quasson is a great move for us and, courtesy of GECF's funding we can look forward to continued success and further growth in our chosen markets as well as exploring opportunities in new markets."
Raj Sinhal, Director of Tenon Corporate Finance, added: "We were delighted to work with GECF Ltd to find a successful solution on Datalink's behalf and look forward to seeing the business develop in its chosen markets.”
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

Marshall Electronics To Unveil New Products At IBC
Marshall Electronics has confirmed that it will exhibit three new products – incorporating HDBaseT technology – at IBC2017, Stand 12.D20. Marshall is
Mo-Sys To Join Forces With AOTO Electronics
At InfoComm 2022, Mo-Sys Engineering will underscore its ability to deliver complete packages for green screen or LED volumes. Mo-Sys will again join
Marshall Electronics Updates Its POV And PTZ Camera Models
Marshall Electronics is continuing to update and add features to its POV and PTZ camera models with accessory add-ons and easy field-upgradable firmwa
Mo-Sys Engineering To Team Up With AOTO Electronics
Mo-Sys Engineering will join forces with AOTO Electronics Co. Ltd., a specialist in LED application products, to showcase LED virtual production solut
Marshall Electronics Unveils USB-Based CV605-U3 PTZ Camera
Marshall Electronics has unveiled USB-based CV605-U3 PTZ Camera with USB-C, IP (Ethernet) and HDMI connectivity. The CV605-U3 PTZ Camera offers flexib
Leader Electronics Reports Successful 2021
Leader Electronics has reported a highly successful 2021 with accelerating adoption of its video, audio and data test instruments by digital film and
Marshall Electronics To Showcase Award-Winning Line Of Cameras
Marshall Electronics will be showcasing the latest additions to its award-winning line of cameras at IBC 2021 (Stand 12.D20). As part of its IBC displ
DIT Kevin Bell Invests In Leader Electronics
Leader Electronics reports sustained strong demand for its range of broadcast test instruments including the recent choice of an LV5350 waveform monit
C3Studios Selects Marshall Electronics
When C3Studios, Clear Creek Independent School District's live production student crew, was looking to expand and establish its C3Mobile team, Program
Marshall Electronics To Showcase Miniature Global Shutter Cameras At NAB
Marshall Electronics (Booth C5636) will showcase its miniature CV568 and compact CV368 Global Shutter Cameras with genlock at the 2021 NAB Show. The t
Creative Vision Finance: New Approach To Industry Finance
Creative Vision Finance (CVF) is an innovative new Media and Entertainment asset financing company that offers a fresh approach to lending for industr
Medialease Specialist Asset Finance
As specialist financiers to the broadcast and post-production sector, Medialease has been helping companies locate financing options for over twenty y
Medialease Wins 'Asset Finance Intermediary' At Leasing Life Awards
Medialease has won best 'Asset Finance Intermediary' at the Leasing Life 2019 awards, which brings together the most successful and innovative busines
Production News : C4 Commission New Finance-Based Lifestyle Series
Channel 4 has announced the commission of a bold new lifestyle series where people from all walks of life will have honest conversations about their f
Mark Roberts Motion Control Ltd Receives Queen's Award
A Surrey robotics company, Mark Roberts Motion Control Ltd (MRMC), has been presented the Queen's Award for Enterprise for International Trade in 2017