Horizon Capital takes majority stake in LANPRO
Context
Horizon Capital acquired a majority stake in Lanpro, the UK planning and environmental consultancy, in a deal announced and completed in November 2025. HSBC provided additional debt financing to support the buy and build strategy. Chris Leeming and Phil Atkinson, who founded the business in 2008, continued to lead it after the transaction. At the time of the deal Lanpro served over 300 clients nationally and operated from offices in London, Edinburgh, Cambridge, York, Manchester, Bath and Norwich. The transaction was structured to fund Lanpro's five-year plan to expand through organic growth and strategic acquisitions. Horizon Capital's investment was accompanied by the debt facility from HSBC. The deal was completed in November 2025. Following the investment, Lanpro completed two acquisitions. In December 2025 it acquired CarneySweeney, adding 35 planning professionals and extending its regional coverage into the West Midlands and Wales. In May 2026 it acquired Create Consulting Engineers, adding over 50 professionals specialising in environmental and engineering consultancy, including acoustics, and establishing a fully integrated service model.
LANPRO, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of .
Target
Founded in 2008 by Chris Leeming and Phil Atkinson, Lanpro is a planning, design and environmental consultancy. The firm provides outsourced services covering planning, ecology, arboriculture, environmental impact assessment, historic environment, landscape architecture and data and spatial analysis. Its client base is national, spanning organisations across the United Kingdom. Lanpro operates from offices in London, Edinburgh, Cambridge, York, Manchester, Bath and Norwich, giving it coverage across the country.
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REFERENCES
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Press release: view release
Target: lanpro
Acquirer: horizon capital