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The Business Magazine May 2024
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Osborne Clarke advises Synova on investment in Mecsia to support expansion

The Business Magazine article image for: Osborne Clarke advises Synova on investment in Mecsia to support expansion
19 March 2024

Bristol-headquartered international legal practice Osborne Clarke has advised longstanding client and leading private equity investor Synova on its investment in Mecsia, a national provider of compliance-led, technical inspection and maintenance services, to support the next phase of its growth. 

Mecsia generates revenues of more than £100 million and is growing sales organically at more than 25 per cent. The company employs more than 400 specialist engineers nationally to service its clients’ needs. 

Synova will support Mecsia's ambitious growth strategy, which is focused on continuing to win market share by delivering the highest level of service to clients, supplemented by strategic acquisitions which expand the Group's technical service capabilities.

The Osborne Clarke team was led by private equity partners Alisdair Livingstone and Chris Yeo.

Alisdair said: "We were delighted to support Synova in delivering another successful transaction. This is an exciting time for the business and we look forward to supporting it on its next phase of its growth."

Oliver Bevan, Partner at Synova, added: "We are delighted to be partnering with Jon and his management team for the next chapter in the Mecsia growth story. To date the team have delivered market leading performance with unparalleled client service. We look forward to supporting Mecsia's continued vision to transform the technical service market". 


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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