A busy few weeks for buyouts and buy-ins have seen Octopus Asset Management throw its weight behind an MBO at security business CSL DualCom, through all four of its Eclipse VCT funds.

A busy few weeks for buyouts and buy-ins have seen Octopus Asset Management throw its weight behind an MBO at security business CSL DualCom, through all four of its Eclipse VCT funds.

Based in Middlesex, CSL markets a range of intruder alarm devices for use in commercial and domestic premises and, with Octopus’ backing, the group plans to expand through the introduction of several new products targeting existing and related markets.

Having led the MBO team, operations director Phil Hollett and commercial director Simon Banks are now at the helm.