PORTFOLIO — BUSINESS SERVICES
Lucion Services
Lucion Services is a UK market leader for accredited hazardous material testing, surveying, and consultancy. It delivers trusted, holistic environmental services to commercial clients across multiple sectors.
Key Facts
Initial investment: 20/05/2019
Sector – Business Services
Fund — Buyout Fund III
Status — Current
Investment highlights
- Assisted with the appointment of a chairman with extensive TIC and private equity experience.
- Sourced and assisted with the completion of six acquisitions to date, which have broadened Lucion’s service offering.
- Introduced a Chief Financial Officer, Chief Revenue Officer, Chief People Officer and Group IT Director to the business to strengthen the team.
- Assisted with the operational restructure, creating a new regional office infrastructure which has increased efficiencies and reduced employee travel time.
Partnership Motivation
The company represents an exciting opportunity to back a market-leading business within the testing and inspection sector. With its scale and national infrastructure, together with its industry-leading NexGen operating system, we see a clear opportunity to work with the team to accelerate the company’s growth, both organically and through further acquisitions.
Investment Team
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Ed Fazakerley
Chief Operating Officer
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Kieran Lawton
Head of New Business