Landmark Information Group Acquires Renaissance Environmental Limited
dmg::information (DMGI), the business information division of the Daily Mail & General Trust plc, announced today the acquisition by Landmark Information Group of Renaissance Environmental Limited, a highly innovative environmental consultancy specialising in the provision of due diligence services to commercial, agricultural and residential property professionals.
Renaissance will become part of Landmark Information Group, the UK's leading provider of land and property search information, including digital mapping, environmental, flood and planning reports for legal and property professionals.
Stephen Stout, CEO of Landmark Information Group comments: "Renaissance has proven expertise and a great reputation in the marketplace thanks to its desk-based tailored services in environmental risk coupled with exemplary customer focus and support. Increasing attention is being paid to environmental liability, especially given tighter lending criteria prevalent in today's markets, and bringing Renaissance's services and skills to Landmark will enable us to deliver the future needs of the market as the legal sector, property professionals and financial institutions face increasing demands for data and professional insight."
Angus Middleton, on behalf of Renaissance comments: "We are extremely proud and excited to have joined the Landmark Information Group and the natural synergies across our companies will enable us to offer cost-effective services and advice to the market in the context of investment, divestment, acquisitions and mergers. We have been supplying environmental reports and associated consultancy services to the property sector since 2004 and over time have established a reputation for our service driven business approach and the quality of our products. We are particularly keen to explore how by combining our specialist environmental risk services with Landmark's market leading information & technology we can deliver new solutions to meet the needs of Landmark's current environmental and legal customers."
Renaissance has grown to provide niche environmental due diligence services to many of the UK's largest commercial law firms and several leading financial institutions, combining desktop reports with in-house environmental expertise as well as a range of related services that can be tailored to each client. Renaissance have been using Landmark's market leading data for over 7 years, and this together with Renaissance's primary focus on agricultural and SIPP markets has created an unrivalled service in these sectors.
The proposed acquisition is subject to the usual regulatory approvals and consents.