Primary Capital acquires Guralp Systems

Guralp Systems, a Reading-based manufacturer of equipment used to study earthquakes, has undergone a £20 million management buy-in backed by Primary Capital. Incoming MD Tony Wall and chairman Martin Perry will work alongside the company’s founder, Dr Cansun Guralp, who will continue to concentrate on research and development. Grant Thornton advised the vendor on the deal

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary... More by Nick Britton