Rcapital has acquired the Axell Wireless group, which supplies distributed antenna systems to allow communications in Critical and complex environments. The business was non-core to the defence-focussed Cobham group.
Rcapital will work closely with the management team to further invest in products and people to turnaround the global business, headquartered in Buckinghamshire.
“We believe that our partnership with Rcapital will bring strategic funding and operational support to deliver sustainable growth. We are confident that Rcapital shares in our vision and the potential that this business has to offer”Russ Haworth, CEO