Case study

Shield Group International: Investment in international expansion

Carve out of health-and-safety advisory and compliance firm backs management team to pursue global growth opportunities.

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Sector
  • Support services

Shield International Group (SGI) is an international environmental testing, inspection and consultancy business.

Employees: >600

Deal type
  • Carve out
Investment

£20m

The Team

Shield Group International (SGI) is a market leader in environmental compliance and specialises in health and safety services in relation to legionella, water safety, asbestos and other hazardous materials.

The business records revenues of approximately £50m annually and employs more than 600 people across six countries, including the UK, the Netherlands, Belgium, Norway, France and Spain.

Going for growth

In May 2019 LDC invested £20m to back the carve out of SGI from global testing, inspection and certification group Kiwa.

SGI is now investing in its current portfolio of services to accelerate organic growth and also looking to add complementary service lines through a targeted buy and build strategy in its chosen international markets.

It is our goal to develop a complete suite of services for Health & Safety and environmental testing, inspection and consultancy, and with LDC on board as our investment partner we have a real opportunity to do just that!”
Frank-Maarten Gribnau, CEO
Shield Group International