Business services: LDC’s investment in Eagle Eye Innovations

Armstrong provided full commercial due diligence to private equity investor, LDC, on its investment in Eagle Eye Innovations (EEI), a leading provider of drone training, operating and consulting services.

Headquartered in Lincoln and founded in 2013, EEI provides a variety of services to organisations requiring skilled, regulatory-compliant drone operators across multiple sectors including security and defence, built environment, utilities, infrastructure, agriculture, logistics, and media. It also offers a comprehensive service to assist clients with UK Specific Operations Risk Assessment (SORA) applications, ensuring compliant drone operations in an increasingly complex regulatory environment. EEI’s team of academy instructors and operators have more than 120 years’ combined experience of delivering Civil Aviation Authority (CAA) approved training courses and specialist drone operations.

With applications ranging from infrastructure inspection and utilities surveying to precision agriculture and aerial mapping, commercial drone technology is transforming how organisations operate. EEI has scaled rapidly, meeting market demand for regulatory compliant drone operators, securing multi-year contracts with major clients and now employs more than 60 people.

LDC is backing EEI’s management team to expand across the UK and internationally, and continue to deliver industry-leading drone services spanning all genres and classifications of drone technology.

Peter Cookson at Armstrong said: “We are delighted to have supported LDC by providing full commercial due diligence on what is an exciting opportunity in a growing and fast-moving market. This builds on our extensive experience in the defence, maritime, and aeronautical sectors.

If you are interested in talking to Armstrong about similar opportunities, please contact:

Peter Cookson

pcookson@armstrong-ts.com
+44 7871 425 467

Gabriel Leggo

gleggo@armstrong-ts.com
+44 7772 623 607