Technology Solutions (TSL)
Convex Capital has acted as exclusive advisor to the Shareholders on the sale of Technology Solutions (UK) Limited (TSL), global specialists in the design, development and manufacture of radio frequency identification (RFID) readers and other multi-technology, mobile device peripherals used to identify and track products, assets, data or personnel, to HID Global, an ASSA ABLOY Group brand and worldwide leader in trusted identity solutions.
Headquartered in Loughborough, UK, TSL was founded by David and Adrienne Evans in 1994 and for two decades has delivered innovative, Bluetooth-compatible RFID products and mobile technology solutions to Fortune 500 companies around the world. TSL works with a worldwide network of distributors, OEMs and system integrators to offer innovative mobile data capture solutions for a variety of applications, such as supply chain management, stock inventory control and ticketing. The TSL handheld readers are industry-agnostic for use in retail, hospitality, animal ID, waste management, industry and logistics and any vertical market or application where RFID tags are used.
The Convex deal team was led by Isaac Asamoah, Indy Singh, James Edge and Warren Meggitt.
