Grant Thornton advises bf1systems Limited

bf1systems develops and manufactures high-performance sensors and integrated electronics for motorsport, high performance automotive, and other harsh environment applications. It leverages motorsport-grade technology to deliver lightweight, reliable, and data-driven solutions for blue chip customers across the globe (including the likes of Formula1, IndyCar, Pagani, and Porsche).

Lagercrantz Group is a Swedish-listed long-hold technology group, with c.80 group companies across the North and West of Europe. It targets niche companies with durable competitive advantages, making bf1systems’ market-leading product proposition highly attractive to them.

From the start, Grant Thornton worked with growth capital investor, BGF and the shareholders to shape a sale strategy designed to maximise buyer engagement and competitive tension, including through optimising the time to go-to-market.

Drawing on deep automotive and industrial-tech sector knowledge and leveraging our international network enabled us to target the right buyers, and drive value throughout.

As lead advisers, Grant Thornton led the transaction process from pre-sale preparations through to completion, securing an excellent outcome for the shareholders, and a new long-term home which is a great fit for the company and its employees.