HMT LLP advised Octopus Investments on their £5 million investment in manufacturer of LED lighting products for photographers and film makers Rotolight Ltd.
Based in Pinewood Studios, Rotolight is a pioneering British technology company, specializing in creating award winning LED lighting products for photographers and filmmakers. Rotolight develops products that provide unique tools to image makers, allowing them to realise their creative vision and aspirations. Rotolight’s lighting products have been used in countless media companies including Disney and BBC and was also used in major movies such as Skyfall and Captain Philips.
The £5 million investment from Octopus will enable Rotolight to launch 15 new products in the next five years as well as support marketing and global expansion.
HMT, led by Paul Read and Adam Robertson undertook financial due diligence for Octopus on this transaction.
Richard Court, Head of Development Capital at Octopus commented:
“Paul and the team at HMT quickly gained a detailed understanding of the business and market and delivered a clear and concise report in a short time frame. We are grateful for their professionalism and expertise that helped us complete the deal. We look forward to working with them in future.”
Paul Read commented:
“We are delighted to have advised Octopus on their investment in Rotolight. The family-owned business has been recognised at many occasions for their innovative spirit and the quality of their products. With Octopus’ support and investment, Rotolight has a bright future in front of them .”