Alexander Technologies Europe, Ltd.
Headquartered in Peterlee, County Durham, United Kingdom, ATEL is an international designer and manufacturer of engineered, customizable battery packs and chargers for the portable power products in personal safety, medical, aviation and specialist OEM applications. ATEL uses cutting-edge design and development in delivering innovative solutions and complete compatibility between the battery and charging system.
ATEL uses cutting edge design and development in delivering innovative solutions and complete compatibility between the battery and charging system. ATEL engineers partner with OEMS to develop the ideal portable battery solution. Utilizing a unique systems approach, that includes battery pack and changer design, they deliver innovative solutions and complete compatibility between the battery and charging systems.
Woodside Capital Partners invested in ATEL over a decade ago and provided strategic guidance, liquidity and management assistance throughout that period. After working with the Company to stabilize and grow not only the US, but also the international business, they decided to explore their strategic alternatives in order to continue the business’ current success, and drive growth.
SSG and Saxenhammer were retained to conduct a comprehensive marketing process and solicit offers from potential strategic and financial parties. The process attracted significant interest from European and American parties that engaged in a thorough review of ATEL and submitted offers for the business. The offer from Shard ultimately generated the best outcome for the Company’s owners and management and provides a platform for the Company’s future growth.