Energy, Environmental & Industrial
2009 - 2016
Accutronics is a leading independent designer and manufacturer of smart batteries and charger systems, for high-performance, feature-laden portable and handheld electronic devices.
How did we help?
Catapult invested in Accutronics in September 2009 when it backed the management team who had recently rescued the business from receivership. With Catapult’s support the management team stabilised the business and went on to invest in its own range of standard batteries alongside developing its reputation as a leading provider of batteries to the medical device market.
Accutronics was sold to NASDAQ listed Ultralife Corporation in January 2016 delivering a 9.1x cash return.