Palatine’s Lucion makes it four for 2022 with MSL acquisition

• MSL is a surveying firm headquartered in Southam
• Lucion is an environmental services company
• Lucion can now offer topographical, building and utility surveying services across the UK

Palatine-backed Lucion Group completed its fourth acquisition of the year, buying surveying firm Midland Survey Ltd (MSL).

MSL provides measured building surveys, underground utility surveys, topographical surveys, 3D modelling and CCTV drainage surveys. It is headquartered in Southam, Warwickshire, and has four other offices in the UK, in Gloucestershire, Buckinghamshire, Yorkshire and Sussex.

Lucion, headquartered in Gateshead in England, is an environmental services company. The firm said its acquisition of MSL “complements” its purchase of Landform Surveys, a topographical surveying company, in March. The combination means Lucion will be able to offer topographical, building and utility surveying services across the UK, according to a statement.

Lucion has made 12 acquisitions in total and plans more in 2023.

“We’re delighted to welcome MSL into the group as part of Lucion’s clear plan of sustainable expansion through complementary acquisitions as well as organic growth,” said Kieran Lawton, senior investment director at Palatine, in a statement. “Going forward, we will continue support the group in expanding and enhancing its service offering and geographical reach.”

Palatine is a mid-market private equity investor headquartered in Manchester with offices in London and Birmingham.