Celnor Group Expands with LandScope Acquisition
Deal News | Feb 24, 2025 | Hill Dickinson
Celnor Group, backed by Inflexion, has acquired LandScope Engineering Limited, enhancing its capabilities in the built environment sector. This acquisition aligns with Inflexion's strategy of consolidating the TICC market by forming strategic partnerships. LandScope, established in 2004, specializes in integrated survey solutions, supporting various 3D mapping systems. The deal aims to leverage LandScope's technological expertise to complement Celnor's existing portfolio. Hill Dickinson's Private Equity team provided legal advice, and RSM conducted financial and tax due diligence.
Sectors
- Private Equity
- Engineering and Construction
- Legal Services
Geography
- United Kingdom – Both Celnor Group and LandScope Engineering are based in the UK, and the transaction took place there.
Industry
- Private Equity – The article discusses the involvement of Inflexion, a private equity firm, in backing Celnor Group's acquisition strategy.
- Engineering and Construction – LandScope Engineering operates in the surveying and engineering domain, contributing to Celnor Group's Built Environment portfolio.
- Legal Services – Hill Dickinson provided legal advisory services for the acquisition, highlighting their role in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Celnor Group | Acquirer | Company | A provider of critical data for compliance, safety, and sustainability, backed by Inflexion. |
| LandScope Engineering Limited | Target | Company | A UK-based surveying company specializing in integrated survey solutions. |
| Inflexion | Private Equity Firm | Company | Private equity firm backing Celnor Group, known for consolidating the TICC market. |
| Hill Dickinson | Legal Advisor | Company | International law firm advising on the legal aspects of the acquisition. |
| RSM | Financial and Tax Due Diligence | Company | Provided financial and tax due diligence for the acquisition. |
| Sam McCarthy | Director of Mergers & Acquisitions | Person | Director at Celnor Group, commented on the strategic fit of the acquisition. |
| David Mkhitarian | Legal Advisor | Person | Part of Hill Dickinson's Private Equity team advising Celnor Group. |
| Graeme Anderson | Legal Advisor | Person | Part of Hill Dickinson's Private Equity team advising Celnor Group. |
| Mark Leyland | Corporate Finance Director | Person | Led financial and tax due diligence at RSM. |