Autocue International, the company that owns the 50-year-old Autocue prompting business, has been bought by private equity company Root Capital for around£2m. Root Capital partner and Autocue chairman Simon Phillips would not comment on the price paid but said: 'We've got plenty of capital and we plan to invest.' No job cuts have been made but Phillips would not rule them out.
Autocue International, the company that owns the 50-year-old Autocue prompting business, has been bought by private equity company Root Capital for around£2m. Root Capital partner and Autocue chairman Simon Phillips would not comment on the price paid but said: "We've got plenty of capital and we plan to invest." No job cuts have been made but Phillips would not rule them out.

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