Vialex is delighted to have supported Gearing Up in its acquisition of the Langstone Group.
Gearing Up (trading as Precision Technologies) is a Tamworth-based, UK manufacturer of precision cut & ground gears, splines, threads, and gauges, which are used in some of the world’s most demanding and high-profile industries. The Langstone Group is based in Portsmouth and has over 20 years' experience in mould tools, precision engineering, and design. Specialising in 5-axis machining with a team of around 45 engineers, the company serves customers in sectors such as F1, motorsport, aerospace, and marine.
Gearing Up was backed by Panoramic Growth Equity, with which Vialex has a long-standing relationship. The Vialex team advising Gearing Up was led by Greig Williamson, Legal Director, assisted by Zoe Fowlie, Legal Adviser.
James Nicklin, Managing Director, commented “I am delighted to have completed this transaction and to bring Langstone into the Gearing Up Group. The additional capacity and capabilities that Langstone brings enhances the Group significantly”.
Malcolm Kpedekpo, partner at Panoramic, commented: “With the addition of Langstone to the Gearing Up Group, the next chapter of growth begins. We have been looking at acquisitions for the last couple of years and Langstone stood out as a well-run business, exceptionally well invested and with complementary capabilities”.