Troika targets growth with new owner

By Rhys Handley, Wednesday 10 October 2018

Be the first to comment

Troika Systems has sights on the next stage of its growth following the sale of a majority stake to investment firm Fresh Equity.

phil-and-simon-photo

Hall (l): Troika is in "safe hands" with Hughes (r) and Fresh Equity

Best known for the development and production of the AniCam quality control system, Wiltshire-based Troika completed the deal with Fresh Equity last Tuesday (2 October).

As a result of the sale, founder and managing director Phil Hall will step aside into a consultative role at the 15 staff, circa-£2m turnover packaging pre-press quality control specialist.

The remainder of Troika’s management team will stay in place, utilising the financial and strategic knowledge of the Birmingham-based investment firm which will be represented on the board by Simon Hughes, who will sit as chair.

Hughes said: “Phil has been running this business since he founded it 21 years ago and has taken it as far as he can on his own. Troika was taken to market earlier this year and I picked up the case when it came across my desk as a key investment opportunity.

“To get to the next level, Troika needs help from someone with more commercial experience, which is what I can provide. I am keen to maintain the business’ core aims and values, and support the existing staff, while helping to push its growth further.

“Moving forward, I will help facilitate a more focussed selling effort and we have a healthy pipeline of products coming up. Troika is the leading provider of this specialist equipment in the print packaging market and we expect to grow in that respect.”

Hall added: "The Troika management chose Fresh Equity because of their wealth of financial, operational and strategic experience, I feel confident that I am handing the company I formed over 21 years ago into very safe hands.”

Troika’s flagship AniCam – a 3D scanning microscope – is billed as “one device for all print applications”, running repeatable anilox, flexoplate and gravure cylinder measurement systems. Other Troika products include the SurfaceCam and Plate-to-Print HD quality control devices.

Share this

Related headlines

Troika run FlexoCAM trial at GraphExpo
30 September 2004

Troika Systems is to demonstrate a prototype of its FlexoCAM product at the Graph Expo show in Chicago...

Troika gears VersoProof to HP
12 August 2004

Troika Systems has expanded its duplex proofing range with a new version of its VersoProof for the HP...

Troika hits 500 LithoCam sales
05 August 2004

Magazine publisher and printer the Wealden Advertiser has bought the 500th Troika Systems LithoCam dotmeter....

This Issue

Latest comments