Lucion Services

Business 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 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.