Lucion Group continues growth with strategic acquisition of Midland Survey Limited (MSL)12 December 2022
Lucion Group is today delighted to announce the successful acquisition of Midland Survey Limited (MSL) by our Lucion Services Limited company. MSL are an established provider of modern surveying technology. The acquisition, supported by Palatine Private Equity and HSBC, is the fourth acquisition into the Lucion Group community in the last 12 months, highlighting steady growth in our inspection, assessment and advisory service lines.
An Introduction To MSL
Established in 1988, Midland Survey Ltd (MSL) provides trusted, modern surveying services, from their five UK offices in Warwickshire, Gloucestershire, Buckinghamshire, Yorkshire and Sussex. Their specialist surveying services, expertly delivered by 73 specialists, include measured building surveys, underground utility surveys, topographical surveys, 3D modelling and CCTV drainage surveys. These services are offered across strategic sectors including infrastructure, commercial, residential and the public sector.
They employ a network of 73 highly skilled surveying experts nationwide, investing in the most sophisticated surveying equipment such as radar, lidar, infrared, acoustic balance and advanced CCTV modelling to produce environmental mapping solutions.
Strengthening Our UK-wide Surveying Services
This acquisition complements Lucion Services’ previous acquisition in March 2022 of Landform Surveys Ltd, a Gateshead-based topographical surveying company. By combining the services of Landform and MSL, our Lucion Services company is able to offer topographical, building and utility surveying services on a national level.
The deal provides an opportunity to offer our collective clients a wider service offering, as David Johnson, Managing Director at MSL explains;
“We are looking forward to a bright future as part of the Lucion Group, one that will be beneficial to all our clients”.
Joining Lucion Services, this comprehensive topographical surveying service combines with hazardous material surveying, infrastructure, marine and offshore inspection and testing services and our radiation protection services to offer a comprehensive site assessment service, led by Managing Director, Jeremy Meredith.
We were pleased to be supported in this deal by Palatine Private Equity, our Investment Director from Palatine, Kieran Lawton, said of the deal:
“We’re delighted to welcome MSL into the group as part of Lucion’s clear plan of sustainable expansion through complementary acquisitions as well as organic growth. Going forward, we will continue support the group in expanding and enhancing its service offering and geographical reach.”
Lucion Group’s Chief Executive Officer Phil Rozier commented on the acquisition;
”Completing our 4th acquisition this year is a remarkable achievement. Having completed 12 acquisitions in total so far, Lucion has created the true environmental services platform that it set out to build. Building a business that offers multiple complimentary services, to our existing and enhanced client base, truly does allow us to protect people and planet every day. Our committed team, and loyal client base, makes the enormous task all the more possible.
I'd like to thank everyone involved along the journey so far, and welcome Dave and his team at MSL to join the Lucion community and forward path.”
About Lucion Group
Lucion Group is a purpose-driven organisation dedicated to protecting people and the planet. Consisting of several environmental services companies, we provide a comprehensive suite of value-added environmental, health and safety risk management and consultancy services.
With deep sector experience and a close focus on the needs of customers, the Group has grown significantly in the last three years, backed by our investors Palatine, the UK mid-market private equity investor focused on delivering returns through sustainable growth.
With four strategic acquisitions made in the course of the last twelve months, Lucion Group continues to expand sustainably. At Lucion Group we will continue to scale the group of businesses in line with our strategic growth plan and look forward to making further progress into 2023 with strong organic growth delivered alongside strategic acquisitions.
This deal was supported by Addleshaw Goddard, BDO and Heligan.
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