What's Happening?
Lanpro Services, a UK-based environmental consultancy, has received a significant private equity investment from Horizon Capital. This investment aims to support Lanpro's growth strategy as it seeks to become one of the largest independent multi-disciplinary environmental planning consultants in the UK within the next five years. The deal, facilitated by FRP Corporate Finance, involves Horizon Capital acquiring a majority stake in Lanpro. The consultancy, founded in 2008, offers planning, environmental, and design services across the UK, with a team of over 130 professionals. The investment will enable Lanpro to accelerate its buy-and-build strategy, starting with the acquisition of CarneySweeney, a firm providing integrated planning advice.
Why It's Important?
The investment in Lanpro Services highlights the ongoing interest of private equity in scalable professional services businesses. This move is significant as it provides Lanpro with the necessary capital and strategic backing to expand its operations and enhance its service offerings. The acquisition of CarneySweeney marks the beginning of Lanpro's ambitious growth plans, which could lead to increased market presence and influence in the environmental consultancy sector. This development is indicative of a broader trend where private equity firms are actively seeking opportunities in sectors poised for growth and innovation.
What's Next?
With the new investment, Lanpro Services is expected to pursue further acquisitions and expand its service offerings. The firm aims to leverage the resources and strategic support from Horizon Capital to enhance its market position and achieve its growth objectives. As Lanpro continues to implement its buy-and-build strategy, it may attract additional clients and projects, further solidifying its reputation in the environmental consultancy industry. The success of this strategy could also encourage other private equity firms to invest in similar businesses, potentially leading to increased consolidation in the sector.
