Delta-Simons sold to private equity-backed counterpart
Lincoln-based envioronmental consultancy, Delta-Simons, has been sold to private equity-backed counterpart Lucion for an undisclosed sum.
The deal creates a business with revenues of around £50m, serving 1,500 clients and employing over 500 people.
Lucion Services, which since a MBO in 2019 led by CEO Philip Rozier, has been backed by Palatine Private Equity, is headquartered in Gateshead, and has regional offices across the UK, including Cardiff, Glasgow, Northern Ireland, North Wales, North and South Yorkshire, Cheshire, Leicestershire, Hertfordshire, Surrey and Midlands.
Delta-Simons operates from a head office in Lincoln and has offices across the UK in Birmingham, Bristol, Leeds, London, Manchester, Newcastle, Norwich, Nottingham and internationally in Dublin.
Rozier said: “I am delighted to welcome the people of Delta-Simons into the Lucion Group. We have long admired the quality and service levels provided by D-S and together we can widen and improve our service offering and share best practices both internally and externally to our existing and potential client groups.
“Despite the challenges faced during the COVID-19 pandemic, both businesses have performed extremely well and shown their resilience in difficult times. This is a reflection not only of the quality of all our people but also the need for the continuing provision of first class technical and regulatory services no matter what economic climate prevails.”
Alex Ferguson, managing director of Delta-Simons, will join the executive board of the enlarged Lucion Group.
He said: “Lucion is the perfect home for Delta-Simons at this stage in our evolution. We join a strong and established technical business with complementary clients and services and can benefit significantly from Lucion’s proprietary software and management systems.
“Together with Lucion, we will offer an unrivalled, market leading UK operation with a global reach through the Inogen Alliance, a global network of over 5,000 environmental specialists.”