Corporate finance firm ensures successful sale of air compressor provider

Jerroms Corporate Finance has advised and supported Bambi Air Compressors (Bambi Air) in its acquisition by Lucena Capital.

Situated in Birmingham, Bambi Air specialise in producing a wide variety of electric-only, oil-free, and silent air compressors for the dental & medical, OEM & scientific, and industrial sectors.

Established in 1977, by its current owner Laurence Clutterbuck, who is looking to retire, Bambi Air have a worldwide reputation for manufacturing quality products and providing outstanding after-sales care and servicing.

Through both organic growth and strategic acquisition, the company has seen growth and operate several specialist divisions within the company.

The buyer, Lucena Capital, founded by Ben Suquet, specialise in acquiring UK SME businesses from retiring owners to drive sustained success and long-term growth.

The acquisition of Bambi Air further broadens Lucena Capital’s portfolio, having acquired Impress Group, a leading provider of precision engineering services in the UK back in November 2023.

David Fletcher, managing director of Jerroms Corporate Finance acted as lead advisor to Bambi Air, guiding them through the process from start to completion, and will continue monitoring and supporting Laurence throughout the post-deal integration phase.

Ben Suquet, managing director of Lucena Capital said: “I am thrilled to be part of the ongoing journey that Bambi Air has been on over the last 47 years.

“Their legacy is commendable, having established a specialist engineering and manufacturing business that consistently prioritises customer satisfaction through unwavering commitment to quality.

“Lucena Capital was created precisely for such succession scenarios. I am eager to collaborate with the Bambi Air team and assist in their ambitions to expand the business further.”

Laurence Clutterbuck, managing director of Bambi Air said: “Jerroms provided excellent support throughout the acquisition process.

“From the outset they provided clear guidance to both us and the vendors and were always on hand to resolve any challenges that arose during the deal. Having their expertise to steer the deal in the right direction was crucial in driving the project towards a successful conclusion.”

Legal support for Bambi Air was provided by mfg Solicitors and Cooke Corporate for Lucena Capital.