The deal involved staff from all three offices of BEGF including Bob Henry from the southern team, who led the deal, David Hall from the north and Tim Hazell from the Midlands.
Birmingham-based West Midlands Enterprise are the Midlands advisors to BEGF and helped set up the deal.
Andrew Henton, a partner at BEGF
, said: 'Sure, manufacturing has its dogs but it also has its stars.
is sponsored by Baring Private Equity Partners, the venture capital arm of ING Asset Managment.
chairman Gilbert Chalk said: 'The Birmingham market has very real critical mass and historically a good deal flow.