Consumer: Covestus’ acquisitions of UltraDEX and Dentyl
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
Built Environment: Founders Private Capital’s investment in Holistic Fire Safety
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
Professional Services: Horizon’s investment in Lanpro
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
Tech: BGF’s investment in Granite Digital
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
Tech: Infoshare+ acquisition of Manifest Software Solutions
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
Technology: BGF’s investment in ClearSphere
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
Financial Services: Palladian’s investment in PayPlan
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
Financial Services: K3 Capital Group’s investment in Pareto and Luna
Armstrong provided full-suite commercial due diligence to K3 Capital Group (K3 Capital) on its investment in Pareto Financial Planning (Pareto) and Luna Investment Management (Luna), two leading Manchester-based financial advisory firms.
The investments mark the launch of K3 Capital’s new Financial Services division, which will focus on delivering high-quality financial advice and investment management to a growing client base.
Pareto is one of the UK’s leading independent advisory businesses, providing holistic financial planning, pensions advice, employee benefits and broader wealth management services to both individuals and SMEs.
Luna provides specialist discretionary fund management services, offering bespoke investment solutions to high-net-worth individuals, charities, and trusts. With a dedicated team of experienced investment managers, Luna has established itself as a trusted partner for clients seeking tailored investment strategies and robust performance.
Armstrong delivered comprehensive commercial due diligence, covering market analysis and benchmarking, competitive positioning, integration considerations, customer referencing, and an assessment of the growth opportunity. This helped validate the platform potential of both businesses and their fit within K3 Capital’s broader strategy.
Michael Cauter, CEO of K3 Capital Group, said “Armstrong provided comprehensive and insightful diligence, combining thorough analysis with clear perspectives. Their work gave us real confidence in this investment, and it was a pleasure working with Solomon, Rupert and the Armstrong team.”
Solomon Ishack, Head of Financial Services at Armstrong, said: “We are delighted to have supported K3 on the launch of its Financial Services division through this investment. Pareto and Luna are high-quality firms with strong reputations, clear growth potential and well-established market positions. We look forward to seeing them thrive under K3 Capital Group’s ownership.”
If you are interested in talking to Armstrong about similar opportunities in this space, please contact:
Solomon Ishack
sishack@armstrong-ts.com
+44 7943 036 633
Rupert Cookson
rcookson@armstrong-ts.com
+44 7983 110 150
Financial Services: Summit Group’s acquisition of R&H Jersey
Armstrong is pleased to have provided due diligence to Sovereign Capital Partners in support of Summit Group’s (Summit) acquisition of R&H Jersey, a respected provider of trust, corporate and fund administration services.
Based in Jersey and established in 1972, R&H Jersey provides private client services, fund administration, and other fiduciary solutions to a diverse clientele, including corporates, high-net-worth individuals, families, and asset managers.
The acquisition marks a significant milestone in Summit’s growth strategy, broadening its service offering through R&H Jersey’s fund administration expertise while further strengthening its private client service proposition. Following the acquisition, Summit Group will comprise over 370 professionals operating across Jersey, Guernsey, Switzerland, the UAE, the Cayman Islands, and the UK.
Kristan King, Group Head of M&A at Summit Group said: “We are pleased to welcome R&H Jersey to Summit Group, subject to regulatory approval. Armstrong’s valuable sector insight and clear commercial advice was an asset in helping us validate our transaction rationale throughout the process.”
Anjali Obhrai, Engagement Manager at Armstrong said: “It has been a pleasure working with the Summit team on this important acquisition. R&H Jersey’s strong market reputation and specialist capabilities make it a natural fit for Summit. We look forward to seeing the business thrive under Summit’s ownership.”
If you are interested in talking to Armstrong about opportunities in the Financial Services sector, please contact:
Solomon Ishack
sishack@armstrong-ts.com
+44 7943 036 633
Anjali Obhrai
aobhrai@armstrong-ts.com
+44 7909 094 604