A Bristol advanced electronics manufacturer whose products are used by the security, scientific, medical and avionics sectors has been acquired by an international buyer.
Microwave Amps designs and manufactures a range of bespoke solid-state radio and microwave frequency amplifiers that are deployed on land and sea, in the air and in orbit. 
It also exports to a range of markets, including Europe and Canada.
The firm, which employs more than 20 people at its base on South Liberty Lane, has been bought by ScandiNova Systems AB, a Swedish provider of high-end pulsed power systems.
A team at regional accountancy firm PKF Francis Clark supported Microwave Amps’ shareholders throughout the sale process, including exploring their options, marketing the business, selecting the preferred buyer and leading negotiations.
Emily Settle, Lottie Hugo, Ed Chapman and Charlotte Collard from law firm Freeths’ Bristol office provided legal advice to the shareholders.
PKF Francis Clark corporate finance associate director Tom Hicks, who worked alongside corporate finance partner Andrew Killick and corporate finance analyst Becky Parnall on the transaction, said: “Microwave Amps is well-established as a highly successful specialist manufacturer with a diversified customer base. 
“It’s been a pleasure working with the founders to secure their legacy and we wish them all the best for the future.
“Microwave Amps represents an excellent strategic acquisition for ScandiNova, who are ideally placed to capitalise on the opportunities that exist.”
Microwave Amps managing director Neil Richardson added: “I am very pleased with this important development and proud to be a part of the ScandiNova group.
“This collaboration will strengthen our company’s future growth and open up exciting market opportunities.”
He said the firm’s owners were delighted they had appointed PKF Francis Clark to guide them through the sale process.
“We consider ourselves fortunate to have had Tom and his team on our side,” he added.
“They have dealt with us personably throughout and their hard work, patience and professionalism were instrumental in bringing the deal to a successful conclusion.”
ScandiNova CEO Niklas Edling, pictured, said: “This acquisition perfectly aligns with our strategy of enhancing our position in integrated power systems for medtech, industry and science customers.
“Microwave Amps’ expertise and products in RF amplifiers will significantly boost our offering in RF systems and contribute to our commitment to excellence.”
Financial details of the deal have not been disclosed.
