Greenwoods advises leading product design and technology innovation consultancy firm on its sale

Founded in 1998, 42 Technology (42T) is a leading product design and technology innovation consultancy based in Cambourne, Cambridgeshire. The company has established a strong reputation for partnering with clients to solve complex technical problems, working with some of the world’s best-known industrial, FMCG and healthcare brands as well as many start-ups and SMEs. 

British Engines is part of British Engines Group, an independent engineering group founded in 1922 and now with 1,600 people worldwide.  

Under the new ownership, 42T will continue to operate as an independent consultancy, retaining its brand, leadership team and way of working. Greenwoods is proud to have supported 42T throughout this transaction and to have helped ensure a smooth transition into an established industrial group with closely aligned values. 

Dr Jon Spratley, CEO of 42 Technology said: 

“Joining British Engines Group will help power 42T’s future growth and allow us to build on the strong foundations we already have as a company.  It’s a major step forward for our business, but we will continue operating exactly as before and nothing will change day-to-day for our clients, strategic partners, internal team or suppliers.” 

Francesca Jus-Burke, Managing Associate, Corporate & Commercial, said: 

“Our team worked diligently to navigate a complex shareholder structure and bring this transaction to a successful close. We are delighted to have helped 42T throughout the process and wish the company continued success under its new ownership.” 

Find out more about our Corporate & Commercial team here.