IP-protected technical service to the optical sector
An international business, headquartered in the UK, but with sales offices in US, Japan, China and South Korea. The majority of EIS Optic’s customers were involved in the projection display sector, and include the leading OEMs (e.g. Foxconn, Texas Instruments) and the leading electronics brands (e.g. Sony, Sharp, Samsung). EIS Optic’s expertise and intellectual property reside in the production of optically coated components. FPE Capital held a majority stake in the business, which it realised via a sale to US trade buyer, Materion Corp for a 3.5x / 90% IRR return in October 2011.