Cobra Tool & Die acquired by YAD Capital Investments

A long-established manufacturing business described by its acquirer as “a true gem” has been sold to YAD Capital Investments in a deal advised on by KBS Corporate.

Cobra Tool & Die, based in Portsmouth, was founded in 1983 and has earned an excellent reputation as a manufacturer of all types of mould tools, as well as being a provider of tool repair, modification and CNC machining services.

The continued strength of Cobra’s offering has generated remarkable longevity in its relationships with clients, several of which span over 30 years.

Shareholders Michael and Elaine Geoghehan instructed KBS to facilitate a sale of the business, and in a deal overseen by Charlie Neville, Corporate Deal Executive, Cobra was acquired by YAD Capital Investments.

A group which invests in exceptional companies for sustainable long-term growth, YAD Capital was attracted by Cobra’s strength of reputation, its growth since foundation and potential for further expansion.

“This isn’t just another deal, it’s the beginning of a new chapter for a business with 42 years of legacy, craftsmanship and loyal customer relationships,” commented Anil Daas, founder and CEO of YAD Capital Investments.

“Cobra Tool & Die is a trusted name in the South, known for its precision, quality and a team of eight highly skilled professionals who keep things running like clockwork.”

Anil provided further insight into the appeal of Cobra and what the future holds for the company following the acquisition by YAD Capital.

“What drew us to Cobra wasn’t just the numbers, it was the story,” continued Anil. “A business still serving clients from 30+ years ago. A team that takes pride in their work. A brand that’s become a cornerstone in its community.

“At YAD Capital, we believe in buying great businesses and backing great people. Cobra fits that perfectly, and we are excited to preserve its legacy while unlocking new growth opportunities.

“This business is a true gem and a fantastic addition to our growing portfolio.”

KBS Corporate’s Charlie Neville expressed thanks to AG Law for the “extremely hard work” put in on behalf of the vendors to ensure the transaction was completed within the desired timeframe.