Newark-based Cursor Controls (www.cursorcontrols.com), which makes a range of track-balls for industrial applications, with 90% of its sales generated from exports, has received a £4.3 million investment from private-equity firm Maven Capital Partners. It will use the money to accelerate its growth plans.

Managing director Neale Sutton said: “After a number of successful years that have seen Cursor Controls establish itself as a market leader in track-ball and input technology, the management team are delighted to be embarking on the next chapter of the company’s history with Maven by our side.

“These changes leave us remarkably well positioned to continue the development of our expanding and leading-edge input solutions, while ensuring that all of our valued customers continue to receive the highest possible levels of service and support.”