Armstrong is pleased to have provided commercial due diligence in support of Ufenau Capital Partners’ investment in leading fire protection specialist, CLM Fireproofing.

Founded in 1989, and headquartered in London, CLM is a specialist in passive fire protection, providing design guidance, installation and remediation solutions. CLM operates nationally, supporting blue-chip construction clients, architects and the Public Sector.

CLM combines technical expertise with technology-enabled fire consultancy, including its proprietary NEXUS platform, to support earlier-stage design coordination and compliance assurance.

Ufenau’s investment will support CLM’s accelerated growth strategy through a systematic Buy-&-Build approach. Leveraging increased regulatory scrutiny, the partnership will focus on consolidating the highly fragmented passive fire protection market. CLM will continue to expand into ancillary services and new geographies, strengthening its market position, driving operational scale, and building a technology-first fire protection platform.

Armstrong carried out full CDD, including market sizing, competitor analysis, assessment of CLM’s expansion opportunities, and customer referencing.

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

Matt McNally

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

Armstrong completed comprehensive commercial due diligence to support Palladian’s investment in Global Vehicle Group (GVG), a leading car and van leasing broker serving the B2B market.

GVG is the UK’s largest and most diversified B2B leasing broker. Operating through its specialist brands—Global Vans, XLCR, LCV and Fleet Alliance—the business manages more than 70,000 vehicles and has assets under management exceeding £2.5 billion. 

Serving businesses of all sizes, GVG specialises in van leasing, fleet management, electric vehicle salary sacrifice schemes and car leasing. 

The investment represents the next stage of GVG’s growth, providing funding to further develop its proprietary technology platform, expand its workforce and broaden its commercial product offering. Palladian plans to leverage GVG’s platform to capture a larger share of the UK corporate fleet market, with a particular focus on the SME van and car leasing sectors. 

Rupert Cookson, Engagement Manager at Armstrong, said: “We were delighted to support Palladian again on this investment. GVG is a great business with a strong track record and an excellent reputation. We were highly supportive of the growth opportunities for the business, and look forward to seeing it go from strength to strength.” 

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

Rupert Cookson

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

Armstrong conducted full commercial due diligence to support LDC’s investment in Nu-Style Products (Nu-Style), one of the UK’s largest independent suppliers of laminate wall panel systems to the building and construction sectors.

Founded in 1947 and headquartered in Aberdeen, Nu-Style designs, manufactures, and supplies a comprehensive range of high-quality laminate wall panels. Its flagship product, Perform Panel, is primarily used in bathrooms and other wet environments in commercial settings across the public and private sector.

Nu-Style has invested significantly in its manufacturing capability, product development and distribution network, supporting a sustained period of growth driven by the increasing adoption of panels over tiles. Since opening a depot in Birmingham in 2022, its first outside Scotland, Nu-Style has expanded to six UK distribution centres, with its latest opening in Welwyn Garden City in March 2026, strengthening its reach into the London and South East markets. It has increased revenue by c.23% over the last three years.

LDC’s investment will support continued organic growth, increased manufacturing capacity at its Aberdeen site, and further expansion into England and international markets.

Armstrong carried out full commercial due diligence to support the deal, validating the size of Nu-Style’s opportunity, its strong competitive position and potential for growth. Our work included over 30 telephone interviews with a mixture of customers, suppliers, and experts.

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

Matt McNally

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

Armstrong provided commercial due diligence to LDC on its significant investment in Daintta, a leading professional services firm delivering technology into secure environments.

Founded in 2019 and headquartered in London, Daintta provides technical and business professional services, helping clients to design, secure and protect their data and technology systems. It delivers high-complexity technology projects across data intelligence, cyber security, networks and communications and AI engineering.

LDC’s investment will support Daintta’s ambitious organic growth strategy, underpinned by the expansion of its professional services and the continued deepening of its specialist, security‑critical competencies.

Armstrong supported LDC by analysing the broader market, Daintta’s future growth plans and current customer base, evaluating it’s go-to-market strategy and positioning versus competitors, and operational and staffing metrics and opportunities.   

Peter Cookson at Armstrong said: “We are delighted to have supported LDC by delivering comprehensive buy-side commercial due diligence on what we see as an exciting opportunity in a rapidly evolving market”.

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

Peter Cookson

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

Armstrong provided customer due diligence to Andwis Group (Andwis) on its acquisition of Senseco Systems (Senseco).

Senseco is a leading independent specialist in fire and security solutions, delivering expert design, supply, installation, commissioning, and maintenance services across a wide range of fire protection and safety systems. Since its establishment in 2009, Senseco has expanded to a team of more than 350 employees operating eight fire and security service lines across the UK.  

The acquisition will further strengthen Andwis’ position as the front-runner for technical and compliance solutions for single and multi-site estates nationwide, and has become the UK’s leading and highest accredited independent provider of fire and security services. 

Armstrong provided a focused piece of customer referencing to support the deal, completing a series of highly detailed interviews to add confidence to Andwis’s acquisition hypotheses. 

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

Matt McNally

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

Armstrong provided customer due diligence to Omni-backed, Infoshare+ on its acquisition of Barbour Logic, an AI-powered communications software specialist.  

Founded over fifteen years ago, Barbour Logic has built a strong client base of more than 60 organisations, delivering specialised software that automates correspondence related to penalty charge notices for local authorities. Its solutions are powered by a proprietary AI rules engine (“Parking Brain”), which encodes over 1000 policies to generate accurate plain-English responses tailored to each council’s requirements. Built specifically for regulated environments, the technology ensures output remains consistent, auditable and policy compliant.

The deal is the latest in a series of additions to Omni’s public sector-focused software and data platform, Infoshare+, which Armstrong has supported on. 

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

Rupert Cookson

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

Armstrong provided customer due diligence to Synova-backed Mecsia Group (Mecsia) on its acquisition of FMS Fire and Security Ltd (FMS).

Based in Scotland, FMS delivers expert fire detection, CCTV, access control, and integrated security solutions. With over 25 years of experience, the company is recognised for its technical excellence, strong organisational culture, and dependable service model. FMS has established a trusted reputation across a diverse portfolio of commercial and public sector clients.

The acquisition will further strengthen Mecsia’s national capability and continued momentum as a leading provider of high‑quality, compliance‑led technical services across the UK.

Armstrong provided a focused piece of customer referencing to support the deal. We carried out 14 in-depth interviews with customers and leveraged our previous experience in the fire safety market to benchmark FMS’s performance versus competitors.

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

Matt McNally

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

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