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Read MoreLucion Services accelerates growth with acquisition of Delta-Simons
Lucion Services accelerates growth with acquisition of Delta-Simons
Lucion Services, the leading environmental services group backed by Palatine Private Equity, today announces the acquisition of multi-disciplinary environmental consultancy Delta-Simons Environmental Consultants Ltd.
The transaction creates a market-leading group offering a wide range of environmental regulatory services across the UK, as well as becoming a significant force internationally via Delta-Simons’ existing footprint and its global Inogen Alliance network.
The deal creates a business with revenues of around £50m, serving 1,500 clients across 20 sectors including Utilities, Real Estate, Nuclear, Technology, Marine, Government, Education, Planning and Development.
The enlarged group has more than 500 employees, the majority of whom are field-based technical specialists with skillsets in 50+ environmental consultancy services, including hazardous materials, ecology, air and water services, geo-environmental and sustainability among others.
Lucion Services, which since a MBO in 2019 led by CEO Philip Rozier, has been backed by leading mid-market private equity investor Palatine Private Equity, is headquartered in Gateshead, and has regional offices across the UK, including Cardiff, Glasgow, Northern Ireland, North Wales, N & S Yorkshire, Cheshire, Leicestershire, Hertfordshire, Surrey and Midlands.
Delta-Simons operates from a head office in Lincoln and has offices across the UK in Birmingham, Bristol, Leeds, London, Manchester, Newcastle, Norwich, Nottingham and internationally in Dublin.
Philip Rozier commented: “I am delighted to welcome the people of Delta-Simons into the Lucion Group. We have long admired the quality and service levels provided by D-S and together we can widen and improve our service offering and share best practices both internally and externally to our existing and potential client groups.
Despite the challenges faced during the COVID-19 pandemic, both businesses have performed extremely well and shown their resilience in difficult times. This is a reflection not only of the quality of all our people but also the need for the continuing provision of first class technical and regulatory services no matter what economic climate prevails”.
“This acquisition supports further our ambitious growth strategy as we pursue further synergistic opportunities in the UK and International markets.”
Alex Ferguson, Managing Director of Delta-Simons, will join the executive board of the enlarged Lucion Group. Commenting on the deal, he said: “Lucion is the perfect home for Delta-Simons at this stage in our evolution. We join a strong and established technical business with complementary clients and services and can benefit significantly from Lucion’s proprietary software and management systems.
“Together with Lucion, we will offer an unrivalled, market leading UK operation with a global reach through the Inogen Alliance, a global network of over 5,000 environmental specialists.”
Kieran Lawton, Senior Investment Director at Palatine Private Equity added: “We are delighted to have completed this strategically-important transaction and welcome Alex and his entire team to Lucion. With both Lucion and Delta-Simons working to make the world a cleaner and safer place it is clear both share our deep commitment to the ESG agenda. Palatine will continue to support Lucion’s growth and invest further as it looks to build on this latest acquisition.”
The transaction was supported by HSBC.
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