APT Controls is a leading supplier of parking management solutions and secure access control for vehicle and pedestrian applications.

In February 2007, Risk Capital Partners purchased a significant minority stake in the business, before embarking on an acquisition strategy in the traffic management sector.

In May 2014 Risk Capital Partners sold its substantial minority holding in APT Controls Ltd to the Austrian traffic technology group Swarco AG for over 2x cost.

Why we invested:

• Strong underlying market growth in security infrastructure spending
• High level of contracted maintenance revenue
• Scope to acquire businesses with complementary product and service offerings, providing cross-selling opportunities