NVM completes trade sale of Lanner Group .
23 January 2019
NVM Private Equity (NVM) has exited from Warwickshire-based Lanner Group, a leading provider of predictive simulation software for blue chip organisations worldwide. The business has been sold to independent international engineering, consulting and technology consultancy Royal HaskoningDHV and represents NVM’s fifth exit from its portfolio in the past six months.
NVM invested £3 million in the management buy-out of Lanner in March 2010 and has pro-actively supported the business throughout its ownership, helping the management team to grow and develop the company.
Lanner specialises in predictive simulation for industrial clients. Their technology connects physical assets, processes and resources into a single digital model that delivers actionable insights to make business operations and supply chains more resilient and efficient. The sale to Royal HaskoningDHV supports their strategy to offer services in which its extensive engineering and consultancy knowledge is combined with data-driven and technology-based solutions. Combining Lanner’s and Royal HaskoningDHV’s extensive engineering and consultancy knowledge means they are able to better advise and support clients with running sustainable businesses and offers the potential for Lanner to scale more rapidly.
James Arrowsmith, Investment Partner at NVM said: “It has been great to see Lanner develop during the period of NVM’s ownership. It has been a pleasure working with the Lanner team and we are confident that the business isnow well positioned for its next phase of growth. We wish the management and staff all the best for the future.”
David Jones, CEO at Lanner Group said: “NVM’s support has been excellent, they have a flexible and pragmatic approach with just the right balance to enable to us achieve this goal and to help us get to this next chapter of Lanner’s development. I personally want to thank James for his support to me as CEO during this period, always available for advice and with the necessary sense of humour.”
NOTES TO EDITORS
For further information please contact:
- Natalie Dickinson (NVM: PR & Marketing) – 0118 951 7021 firstname.lastname@example.org
- James Arrowsmith (NVM: Investment Partner– 0777 892 8280 email@example.com
Download photos of: Lanner Group – www.nvm.co.uk/PRphotos
NVM was provided with:
- Legal advice by Pinsent Masons – Andrew Hornigold and Rhian Critchell
NVM Private Equity is independently owned with over 30 years’ experience of investing in unquoted UK businesses. NVM is a generalist investor, managing more than £400 million of funds, and is differentiated by having executives living and working in regional business communities throughout the UK. NVM seeks investment opportunities of between £2 million and £15 million in UK businesses which have the right mix of growth potential and market vision. They may be looking to grow organically, acquire another business or secure a management buy-out. www.nvm.co.uk