A leading design and innovation consultancy
Mobeus VCT Fundraising
In the 40 years since it was first incorporated, Kinneir Dufort has established a reputation for classic and iconic designs, from the UK’s first pocket mobile phone, to the world’s first portable skin cancer treatment. Based in Bristol, the team provides outsourced design and innovation services to global multinationals including Roche, AstraZeneca, Unilever, Coca Cola, Thales and Sony, as well as scaling start-ups such as Ultrahaptics and Raspberry Pi.
Richard Babington led the MBO of Kinneir Dufort, which saw us backing CEO Merle Hall and Design Director Craig Wightman to lead the company into its third generation of ownership. We secured the deal by demonstrating a thorough understanding of the design process whilst taking a commercial view on the wish of the majority of the previous shareholders to retire from the business immediately on completion.
As products become more complex and the design process becomes increasingly multidisciplinary, so the demand for flexible and cutting-edge outsourced design capability is growing. Since the investment, Kinneir Dufort has widened its skill base and upgraded its systems and processes, creating a more resilient business model that can maximise cross-selling opportunities from new and existing clients alike.
“We felt that Richard and the Mobeus team instantly understood the business, as well as our ambition and vision for it. We’re immensely proud of what KD has achieved to date, and are excited about working in partnership with Mobeus, to realise Kinneir Dufort’s potential and achieve even greater things in the future.”
Kinneir Dufort, CEO