M Squared Lasers
UKWho owns M Squared Lasers?
M Squared Lasers is a British Deep Tech company, formerly owned by Scottish National Investment Bank and BGF, exited in 2025 (exit via MBO). No current private equity owner is on file.
Hand-verified · updated 2026-09-30
Open JSON · CC-BY
Key facts
- ·Fully exited in 2025 to Novacene Photonics Limited.
- ·Average hold across 2 realized cycles: 7 years.
Ownership history
2 ownership periods
BGF exited M Squared Lasers in 2020 via Secondary after 8 years.
Scottish National Investment Bank sold M Squared Lasers to Novacene Photonics in 2025 after 5 years.
More from Scottish National Investment Bank (Balance Sheet)
Other portfolio companies in the same fund.
More PE-backed in Deep Tech
Comparable deep tech deals from other GPs.
US
FranceQuestions
Who owns M Squared Lasers?
M Squared Lasers was formerly owned by Scottish National Investment Bank and BGF, exited in 2025. No current private equity owner is on file.
Who did M Squared Lasers sell to?
Scottish National Investment Bank sold M Squared Lasers to Novacene Photonics in 2025 (MBO).
Who has owned M Squared Lasers over time?
M Squared Lasers has been through 2 private-equity ownership periods: BGF · via BGF · 2012–2020 · (Secondary); Scottish National Investment Bank · via Scottish National Investment Bank (Balance Sheet) · 2020–2025 · sold to Novacene Photonics · (MBO).