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Rcapital acquires Bomford’s aerospace and power generation business

Private investment firm Rcapital has completed the acquisition of the Leicester-based aerospace and power generation business of Bromford Group, which was placed into administration in March and has continued trading while a buyer has been sought.  

Chris Pole and Ryan Grant of Interpath Advisory were the appointed administrators. Rcapital’s acquisition does not include the wider group’s sites in Derby and Alcester.
 
Rcapital has agreed strategic partnerships with key customers of the business to secure 81 jobs at the group’s Leicester site. It will focus on making operational improvements to deliver a growth plan, with the business set to rebrand as Bromford Precision Solutions Limited.
 
Rcapital has experience in the aerospace, defence and precision engineering sectors with its existing investments in Trac Precision Solutions and Nasmyth Group.
 

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