Tue, 09 Apr 2024 | BUSINESS SALE
Celnor, a compliance group backed by private equity firm Inflexion, has completed its latest acquisition with a deal for Crawley-based land surveying provider Vision Survey. The company will become Celnor’s tenth member company and joins the group’s Built Environment division.
Vision Survey was founded in 2007 and provides an array of compliance services, including GPR (ground penetrating radar), utility scanning and permit-to-dig applications. The company serves civil engineers and constructors and has contributed to projects including Crossrail, the Thames Tideway, London Olympic Park and expansions to Heathrow and Gatwick Airports.
Celnor Group was launched in October 2023 and has since grown rapidly through acquisitions, targeting testing, inspection, certification and compliance (TICC) companies with profits between £250,000 and £10 million in the UK, Europe and US.
The group’s companies provide services including consulting, insight and critical data for compliance, safety and sustainability.
Following the group’s latest acquisition, founder and Celnor Group Chief Executive Simon Parrington commented: "Vision Survey is a great addition to the Celnor Group, strengthening our Built Environment offering alongside existing member companies GIP, Brownfield Solutions, AF Howland Associates, MATtest Site Services and Aitken Laboratories.”
"Vision Survey has an excellent reputation for quality and has enjoyed a strong period of growth, which we are looking forward to continuing with investment from Celnor. I am delighted to welcome John and his team to the group."
John Gray, Vision Survey’s managing director, added: "We plan to ramp up investment in new technology and innovation, which will enable us to anticipate and service the future demands of our customers.”
"Celnor is committed to ongoing training which will strengthen our capability as well as provide career development for our people."
Compliance and consulting services are among the main factors behind growing M&A in the environmental and sustainability markets
This financial advisory firm has an infrastructure in place to carry on operating profitably post-sale.
Hertfordshire based IFA with 75% of the business' assets with two major platforms, ensuring a smooth transition post-sale.
This firm has an average portfolio size per household above £0.5m, meaning you will be servicing high quality, profitable clients.
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