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James Cowper Kreston advises Access-IS

17 December 2015

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James Cowper Kreston has successfully advised Access-IS ("Access-IS or "the company") on its receipt of development capital from Mobeus Equity Partners. Mobeus Equity Partners has invested a significant amount into Access-IS, a market leader in electronic data-capture solution provider.

Based in Reading and founded in 1985, Access-IS manufactured specialist custom keyboards that served a UK client base. Since, the company has significantly grown and currently designs and manufactures innovative equipment that enables the capture and transfer of information into electronic systems based on bar codes, RFID/NFC and image processing techniques.

Access-IS provides to a global customer base across 72 countries, supplying products to high profile customers and projects in three distinct verticals; Airports and airlines, identification & security and transportation and ticketing.

Access-IS is a market leader in the design and manufacture of technology for reading barcodes, RFID and passport/ID cards for the application in Airports and Airlines, and can be found in over 200 airports, including 36 of the 50 world's largest airports. Further development has enabled the production of identification and security products that have the ability to read e-Passports, e-ID and e-DL for both governmental and commercial applications making Access-IS a leading global provider in this market sector. Access-IS has also seen a rapid expansion into the transport and ticketing market in which they provide reliable barcode and RFID/NFC readers and this technology is now installed in a number of high profile locations across London and the Rome Metro.

Mobeus's investment to Access-IS will allow the opportunity to accelerate growth and provide the necessary support to the business to help with the increase demand of manufacturing to the larger market sectors.
Chris Price, Partner at Mobeus commented:

"Having tracked Access-IS for a number of years, Mobeus is delighted to have secured an investment in a business we are confident is poised for a period of strong growth. Since our initial introduction to Lorraine Hall and Nigel Bonsor, the high quality management team has been supplemented by the addition of Guy-Franck Nakach (CEO), Colin Williams (FD) and Alistair Crawford (Chairman). Access-IS has established a significant foothold in a number of new exciting market segments and Mobeus looks forward to supporting managements ongoing strategy".

Guy-Franck Nakach, CEO of Access-IS commented:

"Many Thanks to the team at James Cowper Kreston Corporate Finance for assisting us with this transaction. They clearly explained the issues as they arose and negotiated an excellent deal with Mobeus".

Stewart Lambert from James Cowper adds:

"We are delighted to have advised Access-IS. With the investment from Mobeus, Guy-Franck Nakach and his team are in an excellent position to further expand the business".

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