UK, United States
Mayfair’s investment in November 2018 has helped the company become a world leader in tracking and haptics technologies. The 2019 acquisition of Leap Motion, one of the world’s foremost gesture tracking companies, has enabled the enlarged Ultraleap to deliver an end-to-end proposition with the capability to revolutionise how people interact with the digital world.
Mayfair has supported the business in several areas including:
- Backing the acquisition of long-time partner Leap Motion to reposition the enlarged Ultraleap for accelerated growth as a world leading Human‐Machine-Interface (HMI) platform with a wealth of patents and a portfolio of innovative hardware and software solutions.
- Supporting the management team to establish rigorous operational controls and processes as part of a post-merger integration process.
- Delivering on a new growth strategy to focus on securing major licencing and royalty agreements with technology enterprise customers.
- Providing access to expertise across the breadth of Mayfair, from insight on brand development to best-in-class financial reporting, tax planning and insurance arrangements.
“Mayfair really bought into the vision we have as a company. It was clear from the very beginning that they weren’t going to be a passive shareholder, but they were going to be actively engaged and high value-adding. It really is a partnership.”
Tom Carter, Founder and CTO of Ultraleap