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

Armstrong provided commercial due diligence to Lucy Group Ltd to support its acquisition of Blakley Electrics, a UK market leader in power distribution systems and industrial lighting equipment.

Since its establishment in 1957, family-owned Blakley Electrics has been a specialist provider of permanent and temporary LV power distribution equipment, protection systems, site lighting and transformers. With manufacturing facilities in Kent and Essex, the company draws on more than five decades of experience in specialist sheet metal fabrication and electrical assembly.  

The acquisition by Lucy Group, a global company focused on creating sustainable engineered environments, marks an important milestone in the growth strategies of both organisations. It enhances Lucy’s presence in the power and industrial lighting sectors and broadens the services offered to its customer base. 

Armstrong provided a focused piece of customer referencing, validating the strength of Blakley’s customer relationships and providing confidence in the future growth potential of the business. 

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

Matt McNally

mmcnally@armstrong-ts.com
+44 7894 736 523

Armstrong provided commercial due diligence to Covestus Holdings Ltd (Covestus), a consumer health and pharmaceutical group and Maven portfolio company, for its acquisitions of UltraDEX and Dentyl.

The addition of UltraDEX, a clinically supported halitosis treatment range, and Dentyl, a leading mouthwash brand, expands Covestus’ footprint in oral care and strengthens its position in the UK and international markets.

Armstrong provided in-depth customer referencing together with market and competitor analysis.

Quentin Higham, CEO at Covestus said, “Armstrong’s commercial oral care market analysis and business intelligence played an integral role in our due diligence. The Armstrong team demonstrated perseverance, tenacity and good trading insight.”

Peter Cookson, Managing Partner at Armstrong said, “We are excited to have supported Covestus and Maven as they embark on creating a unique platform of specialist brands addressing under-served chronic conditions and preventative health needs.”  

Armstrong has extensive experience in the consumer and travel sector, and in helping Private Equity and Portfolio companies identify opportunities and generate value through implementing buy and build strategies across a broad range of sectors. 

To discuss similar opportunities, please contact: 

Peter Cookson

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

Armstrong provided commercial due diligence to Founders Private Capital (FPC) to support its multi-million-pound investment in fast-growing fire protection firm, Holistic Fire Safety. 

Established in 2019 and based in Barton-upon-Humber, Holistic Fire Safety provides fire protection services to social housing organisations and local authorities.  

The deal will support Holistic Fire Safety’s expansion strategy to build a multi-service offering to the social housing market and increase its geographical presence.  

Armstrong leveraged its extensive experience in the fire sector to provide a focused piece of CDD for FPC, with analysis of the market opportunity and likely market growth trajectory alongside detailed customer referencing.  

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

Matt McNally

mmcnally@armstrong-ts.com
+44 7894 736 523

Armstrong conducted commercial due diligence to support Horizon’s investment in Lanpro, a UK planning and environmental consultancy. 

Founded in 2008, Lanpro is a multi-disciplinary provider specialising in outsourced planning, ecology, arboriculture, environmental impact assessment, historic environment and landscape architecture services to clients across the UK. 

The investment has enabled Lanpro to announce that CarneySweeney will also join the Group – a planning consulting business that strengthens the Group’s geographical coverage and expertise. 

Armstrong provided commercial due diligence, assessing the markets the businesses operate in, and a detailed review of the competitive environment, staff/talent pool, client insight and the business plan. 

Armstrong said: “It was a pleasure to work with Horizon, and the Lanpro & CarneySweeney management teams on this transaction. The Group is well positioned for growth, and we look forward to seeing this transpire over the years to come.” 

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

Peter Cookson

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

Armstrong provided commercial due diligence to BGF on its investment in high-performing digital specialist, Granite Digital (Granite). 

Founded in 2008 and headquartered in Cork, Granite is a digital marketing agency with more than 170 digital specialists operating across Ireland, Northern Ireland, the UAE, and the US. 

The investment will accelerate Granite’s growth, supporting its ambition to scale internationally — particularly in the US through targeted acquisitions. It will also further strengthen the company’s digital capabilities, with a strong emphasis on Artificial Intelligence (AI). 

Armstrong provided full buy-side CDD support, assessing size and growth of Granite’s addressable markets, competitive landscape, and detailed interviews with customers and partners. Armstrong also assessed growth opportunities for the business, including international expansion and continued development of AI capabilities. 

This transaction further strengthens Armstrong’s position in the Irish Private Equity market, where we expect to see continued growth. 

If you are interested in talking about similar opportunities in the technology sector, please contact: 

Rupert Cookson

rcookson@armstrong-ts.com
+44 7983 110 150

Armstrong provided commercial due diligence to Infoshare+ on its acquisition of social housing systems integrator, Manifest Software Solutions (Manifest). 

Founded in 2015, Manifest is the UK’s leading systems integration provider for the social housing sector, supporting more than 60 councils and housing groups nationwide. Its technology is built specifically for the needs of social housing organisations, linking core platforms such as Dynamics and Salesforce, and delivering powerful web portals and mobile applications. 

The transaction will further strengthen Infoshare+’s position as a leading provider of data and software solutions for the UK public sector. 

Armstrong provided detailed customer referencing to support the transaction, assessing market trends and growth opportunities for the business as part of the wider group. 

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

Rupert Cookson

rcookson@armstrong-ts.com
+44 7983 110 150

Armstrong provided commercial due diligence to BGF on its investment in ClearSphere, a provider of cleanroom and containment solutions for pharmaceutical, medical device, healthcare and industrial clients. 

Founded in 1989, Cork-based ClearSphere has become a market leader in delivering high-quality, integrated controlled environment systems to blue-chip clients, such as Pfizer, Abbott, Hovione, Tallaght University Hospital and the National Children’s Hospital.  

The investment will allow ClearSphere to accelerate its growth strategy, expand its capabilities, invest in innovation and scale its operations into new regions, including Northern Ireland and the UK. 

Armstrong carried out focused CDD, including market and competitor analysis, along with detailed customer and supplier interviews.  

Matt McNally, Director at Armstrong, said “ClearSphere operates in an attractive, growing segment of the market and has built a strong reputation in a clearly defined niche. Customer feedback was very good, and the business is well placed to grow with BGF’s support.” 

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

Matt McNally

mmcnally@armstrong-ts.com
+44 7894 736 523

Armstrong provided commercial due diligence to Palladian Investment Partners (Palladian) on its investment in PayPlan, a leading UK provider of free-to-consumer debt advice and solutions. 

Established in 1992 and headquartered in Grantham, PayPlan helps over 100,000 people annually improve their financial well-being by supporting them in overcoming debt. 

Palladian’s investment will enable the rollout of enhanced digital services, delivering greater benefits for both borrowers and lending partners.  

Armstrong provided full buyside CDD for Palladian, evaluating the market opportunity, competitive landscape, and growth opportunities for the business. 

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

Rupert Cookson

rcookson@armstrong-ts.com
+44 7983 110 150