Intellident, Manchester UK is delighted to confirm that on the 31st December 2010 it was acquired in whole by professional portfolio managers Chamonix Private Equity, thus exiting from the LINPAC Group.
Initially acquired in 2003 by LINPAC, primarily to service RFID opportunities in the supply chain market, Intellident quickly rewarded the Group with a series of high profile projects, including end-to-end installations with Honda UK and the ground-breaking grocery and clothing projects with Marks and Spencer's, amongst others. During the years of LINPAC ownership, Intellident remained strong in developing supply chain applications, whilst having the backing to explore new and emerging markets.
It was during this time that Intellident became the pioneering market leader for the implementation of RFID into libraries. As adoption of RFID solutions in libraries grew, Intellident successfully launched a dedicated Dutch sales office and acquired Ident SAS in France, whilst becoming the most successful solution provider in the UK.
Jim Hopwood, Managing Director of Intellident, commented on the acquisition, "Being part of the LINPAC Group of companies for seven years has provided the opportunity to grow our company from a small team into, what is today, Europe's leading providers of RFID solutions across a range of markets. Although we are extremely proud to have been part of the Group, the time was right to explore new options that will allow us to continue to invest heavily in the ongoing development of products and solutions for the Supply Chain and Library sectors, where we are extremely fortunate to enjoy a fantastically innovative and loyal customer base; equally importantly, our new shareholders can provide us with the freedom and investment to grow the business further into additional markets as the adoption of RFID solutions continue."
With the acquisition by Chamonix, Intellident are today positioned to focus on core, sustainable and creative markets that will lead to a strong and profitable future for the company. All staff and management team remain unaltered and the company looks forward to working with its new shareholders to continue its growth and maintain its strategy of being Europe's leading provider of RFID solutions.
Intellident continues to operate as Intellident Ltd from its European headquarters in Stockport, UK.
About Intellident
Intellident is the UK's leading provider of RFID solutions to a range of markets, with particular focus on asset tracking and management. Together with leading the European library market with over 1,200 library installations, the company provides document management and asset tracking solutions to a range of blue-chip companies in the private sector, NHS and public sector. In addition, Intellident have direct sales offices in France and Netherlands, with a comprehensive partner programme delivering our products worldwide.
For further information contact Andy Chadbourne, Marketing Manager on: +44 (0)161 498 1148, or email a.chadbourne@intellident.co.uk
About Chamonix
Chamonix Private Equity acquires portfolios of direct private equity investments, portfolios of industrial trading divisions/subsidiaries and bank ‘debt-for-equity' portfolios. Chamonix's partners are Jane Crawford, Christopher Edge and Andrew Hartley, who have over 65 years combined experience in private equity. Chamonix aims to secure for its vendors both liquidity and also a route for disposing of non-core assets. Deals vary from portfolios of four to fifty individual businesses with values ranging from £30 million to £500 million. Chamonix handles investments throughout Northern Europe, including the UK and Ireland. Current investments include companies involved in a range of business services and industrial manufacturing.
