Private investor, Rcapital, has completed the acquisition of the Leicester-based aerospace and power generation business of Bromford Group. 

The emphasis will be on effecting operational enhancements to execute a growth strategy and, in the end, revitalize a robust core business known for its exceptional engineering standards. The company will undergo rebranding as Bromford Precision Solutions Limited. Rcapital's distinctive position stems from its proven expertise in the aerospace, defense, and precision engineering domains, as evident through its current investments in Trac Precision Solutions and Nasmyth Group. This uniquely equips Rcapital to facilitate the business's turnaround journey.

Rcapital was advised by Squire Patton Boggs, Hilco Valuation Services Europe and PHD Property Advisory.