Secure desktop ID card printer and software business Magicard operates sales offices in the UK, US, Dubai and China.
Tens of thousands of Magicard printers are shipped from its UK manufacturing centre in Dorset to more than 100 countries each year. Over 70 per cent of its £19.3m sales come from international markets.
Unlocking new territories
In 2016 we backed the £22m carve out of Magicard from listed defence and security group Ultra Electronics Holdings plc.
Following our investment, the business has focused on driving sales of its new Helix retransfer printer and increasing its expansion into new international markets.
Related case studiesRead more
Martin Audio: Crowd-pleasing success
Carve out helps the management team of high-performance loudspeaker brand deliver resounding success.
Team17: From investment to IPO
We supported the continued growth of this innovative video games business, through to an IPO.
Mitrefinch: Doubling revenues through investment
Workforce management software business grows to £24m turnover through investment in technology and international expansion.