Inflexion is pleased to announce it has made a majority investment in Detectortesters (No Climb Products Ltd.), the foremost global manufacturer of fire detector testing equipment. The investment is being made by Inflexion Buyout Fund V.
Founded in 1965, Detectortesters designs and produces solutions that enable testing of smoke, heat, and carbon monoxide fire detectors. With a worldwide customer base, consisting mainly of field service engineers, the business exports its products to over 130 countries, deriving over 80% of its revenues outside the UK.
The company conducts all new product development in-house, working with all of the major fire detector OEMs, fostering efficiency as well as proprietary innovation.
Product Addition
Inflexion will support the management team at Detectortesters to continue product innovation Inflexion will support the management team at Detectortesters to continue product innovation including a focus on sustainability, drive revenue growth through pricing strategies and sales channel optimization, while accelerating international growth.
As part of the investment, Detectortesters will simultaneously acquire Systems Distributors, Inc., a US distributor of Detectortesters products which will be a platform for further growth in that region.
Next stages of growth
Having been part of the growth of the business for 33 years, during which time it has grown from one person to over 130 people and won three Queen’s Awards, Bill Rossiter now feels that it is time to step down and focus on other interests. He commented, "I know that the business is in excellent hands and look forward to watching the next stages of exciting growth."
Geographic expansion
Simon Turner, Managing Partner at Inflexion, commented, “The team at Detectortesters has led the business to be the unequivocal global leader in a high growth regulatory-driven market benefiting from a high-quality offering and strong customer loyalty. The business is well-positioned to grow further through geographic expansion and optimizing its customer proposition. We look forward to working with this ambitious team.”
Safety, security, and support
Robert Campbell, CEO at Detectortesters, commented, “We’re currently a very successful, global business but we still see significant growth opportunities ahead in both the UK and internationally and have an exciting roadmap of next-generation testing equipment ahead. Inflexion’s international and commercial experience will be invaluable to us as we accelerate the growth of our business and make our plans a reality."
"Operating in a highly regulated environment, we take safety incredibly seriously and, in the hands of Inflexion, we have the safety, security, and support to push ahead and realize our goals.”