Headpoint advises sale of leading aerospace and defence service provider

Headpoint Advisors has advised the shareholders of Kingfield Electronics, a specialist provider within the aerospace and defence sector, on its sale to Elite Electronic Systems, backed by Lonsdale Capital.

The transaction brings together Kingfield Electronics’ technical expertise, sector reputation and highly accredited operations with Elite Electronic Systems’ ambition to broaden its service offering and diversify into new markets.

Operating within the electronic manufacturing services (EMS) sector, Kingfield Electronics serves clients across aerospace, defence and other mission-critical industries.

The transaction builds on Headpoint’s strong track record in the EMS and advanced manufacturing sectors, having previously advised on the sale of Axis Electronics to SIX-listed Cicor Group.

Nick Taylor, managing director at Kingfield Electronics, said: “Headpoint’s hands-on advice and guidance throughout the process was pivotal in reaching such a successful outcome.

“They were able to understand and articulate the value of our business in the right way, genuinely demonstrating their EMS sector expertise in driving value throughout the deal.

“Their tenacity and focus really helped drive the process and get the deal over the line.”

Richard Benyahia (pictured), partner, Headpoint Advisors, said: “The sale of Kingfield Electronics (to Elite Electronic Systems) marks a significant milestone in the 40-year history of the business. We’re privileged to have supported the shareholders on the transaction and deliver a great outcome for our client.

“By joining Elite, Kingfield has a fantastic long-term home for the business with supportive investors looking to take the business to the next level. I wish them all every success together going forwards.”