LRQA Continues Acquisition Spree with Five New Companies
Deal News | Jun 06, 2025 | Business Cloud
Birmingham-based LRQA, a global assurance provider, has announced a significant expansion through the acquisition of five companies within five months. The acquisitions include UK's Ergon Associates, RESET Carbon, Canada's StepUp Solution Services, the US-based Core Business Solutions, and EnviroTech EcoEngineers. This rapid expansion underscores LRQA's commitment to redefining risk management and positioning itself as a key global partner for compliance and competitive advantage. The company's corporate development director, Jonathan Chidley, emphasized the importance of valuing founder-led cultures and maintaining the legacy of the acquired companies. CEO Ian Spaulding highlighted the dynamic and increasingly complex risk landscape that their clients face and how these acquisitions will help them stay ahead of potential threats. The move illustrates LRQA's dedication to integrating expertise, fostering innovation, and upholding strong relationships.
Sectors
- Risk Management
- Environmental Technology
- Corporate Services
Geography
- United Kingdom – LRQA is based in Birmingham, UK, and has acquired UK-based Ergon Associates, making the UK a significant geography for the company's operations.
- Global – With acquisitions from various countries including Canada, the US, and Asia, the article covers international expansion activities by LRQA.
Industry
- Risk Management – The article discusses LRQA's effort to enhance their risk management services through multiple acquisitions, emphasizing its commitment to addressing global management concerns.
- Environmental Technology – This is relevant due to LRQA's acquisition of companies focused on environmental and carbon management, such as RESET Carbon and EnviroTech EcoEngineers.
- Corporate Services – As a global assurance provider, LRQA operates within the corporate services industry, offering compliance, assurance, and risk management consulting.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LRQA | Acquiring Company | Company | A Birmingham-based global assurance provider focused on risk management, compliance, and assurance services. |
| Ergon Associates | Target Company | Company | A UK-based company acquired by LRQA. |
| RESET Carbon | Target Company | Company | A company known for its expertise in carbon management, acquired by LRQA. |
| StepUp Solution Services | Target Company | Company | A Canada-based company specializing in solutions services, acquired by LRQA. |
| Core Business Solutions | Target Company | Company | A US-based company providing business solutions, acquired by LRQA. |
| EnviroTech EcoEngineers | Target Company | Company | A company focused on environmental technology, acquired by LRQA. |