• Acquisition of Todd Research by Spring Ventures

    BUSINESS SALE

Todd Research Limited was formed in 1950, and has a long history in the design, manufacture and supply of X-ray, metal detection and blast suppression equipment for public and private organisations of all sizes.

Cabinet X-ray scanners are the company’s core products and they also supply all the other security products that an organisation is likely to require.  With customers in over 80 countries, Todd Research is able to call upon a combination of expert market knowledge and excellent product reputation in order to deliver a complete security solution for a wide cross-section of organisations.

“Q Advisors and Acuity Advisors managed our first-ever fundraising process with a high degree of professionalism and swiftness, casting a wide net and leveraging their longstanding senior-level relationships with institutional VCs and growth equity investors in the US and Europe to deliver a successful outcome for Innoveo. Their team’s knowledge of underlying technology, SaaS subscription models, and insuretech/fintech vertical was exactly what we were looking for to position Innoveo with growth equity investors. Their senior staff worked closely with my team to articulate Innoveo’s differentiation against a fragmented market backdrop and exhibit Innoveo’s unique technological, commercial, and financial attributes that made us stand out from the pack. This funding puts Innoveo on a path to accelerate growth and I look forward to continuing to work with Q and Acuity in the future.”

AMIR GHAFFAR | CEO
Innoveo

Team Members

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