LDC-backed HSL Compliance acquires Albany Oak Limited
28 Sep 2021
An acquisitive growth strategy can help firms build scale and resilience, and expand their breadth of services. By seizing this latest opportunity, SGI has bolstered its reach as compliance with environmental regulation becomes an even more pressing issue for businesses.”
As part of SGI, HSL Compliance is backed by LDC. The private equity firm has provided follow-on funding to support the acquisition. LDC first invested £20million to back the carve out of SGI from global testing, inspection and certification group Kiwa, in May 2019.
With LDC’s support, SGI has become the market leader in environmental compliance, accelerating its organic growth and investing in complementary service lines through an ambitious buy-and-build strategy.