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Shard supports Alexander Technologies MBO

Fri, 20/09/2019

Shard Credit Partners has announced £9.2m loan to support the MBO of Alexander Technologies Europe, a portable battery pack manufacturer. ATEL has been bought by President and CEO Michael Shirley from US private equity group Woodside Capital. Founded over 40 years ago, ATEL works closely with blue-chip OEM customers in the design and production of customised rechargeable battery packs.