DSW advises British Engineering Services on the acquisition of Lantei
Lantei Limited – a leading UK specialist in electrical testing, compliance, and remedial works – has been acquired by British Engineering Services.
Based in Preston and employing a team of 80 engineers, Lantei is the latest addition to the British Engineering Services Group. Alongside electrical testing and compliance, Lantei provides specialist services including thermal imaging, emergency light testing, EV charging, portable appliance testing, TEGG Services and professional training via Lantei Learning. Its customers include David Lloyd Fitness, Nuffield Health, Marriott Hotels, and a number of Housing Associations.
British Engineering Services, which since its carve-out from RSA in 2015 has been backed by Inflexion Private Equity Partners, is a market-leading testing, inspection and certification group. Lantei represents its fourth and latest acquisition since private equity investment.
Sebastian Lomax, British Engineering Services Group Director of Acquisitions, commented:
“We’ve been looking for the right businesses to add to our group for some time now as we continue our growth journey. The acquisition of Lantei, with its service capabilities and aligned culture, complements our investment strategy, as does our recent acquisition of PCMS Eng Group last month. Our priority is making sure we can always meet the needs of our customers and after working with both PCMS Eng Group and Lantei these past few months, we know they’ll both further enhance our products and services and be a really great fit. We’ll continue to look for more opportunities to grow our business in this way, in line with our customer requirements through 2021 and beyond.”
Andrew Livesey, Managing Director of Lantei, added:
“This is great timing for both companies. We’ve both had a strong 2020 and are looking for the next step for our businesses as we continue to deliver an industry leading service for our customers. Joining the British Engineering Services Group will allow us to focus on building an even better future for Lantei and our team.”
British Engineering Services was advised by Gregg Pendlington and Ross Thomas of Dow Schofield Watts Corporate Finance.