Convex originated, led, structured and completed the sale of Digital ID Group Ltd to US-based BarcodesInc, a leading distributor of automatic identification capture products backed by Cortec Group.
Digital ID is the UK’s No.1 provider of ID system products, combining a highly compelling end-user offering with a pioneering business-to-business platform. The Company is based in Stockport, Greater Manchester and generates Revenues of c.£22m.
Convex structured a deal which gave the shareholders 80% of their consideration on completion. Shareholders Jonathan Fell and Stephen Dodd will remain with the Business following the deal and continue to drive growth as part of the Barcodes group.
“The level of expertise throughout has been awe inspiring.”
Jonathan Fell, Managing Director
