“I’m very happy with the outcome and would definitely recommend Knightsbridge.”
That was the response from Antony Moore, owner of Avilec, following the sale of his Isle of Wight-based ECU testing and repair specialist.
Established in 2000, the business built a strong reputation within the automotive sector for diagnosing and repairing electronic control units for trade customers and private clients. Operating in a highly technical and niche market, the business developed long-standing relationships built on specialist knowledge and consistent service standards.
Antony brought the business to market to support his retirement plans, but with a clear requirement: finding a buyer with sufficient industry knowledge to take the business forward. In a specialised field with a limited pool of credible acquirers, the process required a carefully targeted approach to identify the right technical fit.
The buyer was ultimately sourced through a research-led approach, acquired by ECU Testing, based in Derbyshire and founded in 2005 by Roger Bagg, with plans to integrate Avilec into its existing ECU operations and expand capability within the automotive electronics market.
Leanne Boulding, Knightsbridge Operations Manager, led the sale and explained: “Avilec was on the market for considerable time but our collective perseverance paid off in the end. The deal was very smooth after the right buyer was identified.”
“I worked with Leanne over the course of selling my business and she was extremely helpful and communicative”, Antony noted.
Along with National Sales Director Joe Bull, the team supported him through a process that demanded persistence and careful repositioning.
In his five-star review, Antony also explained that the sale took some time because it’s “a niche very specialised business with a limited number of potential purchasers,” adding that there were “a few tire kickers along the way” and that Leanne “reworked the marketing a few times.”
The outcome, he said, achieved “more than the asking price.”
Knightsbridge wishes Antony every success in retirement and the very best to Roger and his team as they build on Avilec’s established standing within the sector.
