Oprema
Convex Capital has acted as exclusive advisor to the Shareholders on the sale of Oprema Ltd, the fastest growing distributor of CCTV, access control, intrusion, fire, and networking products in the UK, to Denmark-based EET Group A/S, further strengthening and accelerating growth in their surveillance and security segment.
Headquartered in Cardiff, Oprema was founded by Matthew Epps in 2010 and posted an approx. 29% increase in revenues to almost £24m in 2020. Oprema, having more than 50 employees, carries a broad portfolio of over 50 leading technology brands and in addition to sales and distribution of the products, applies a consultative approach offering customers pre-configuration and on-site commissioning among its services.
The Convex deal team was led by Isaac Asamoah, Indy Singh, James Edge and Warren Meggitt.
“Convex were a pleasure to deal with from start to finish and made the process so simple. They made sure that both sides of the transaction were kept informed at every stage and brokered a fantastic deal for everyone involved. I wouldn’t hesitate to use them again in the future.”
Matthew Epps, Managing Director
