Palatine’s Impact Fund has acquired a significant minority shareholding in newly created environmental services group, Cura Terrae.
Headquartered in Sheffield, Cura Terrae, the Latin form of ‘take care of the earth’, is a purpose-driven business led by experienced entrepreneur Professor Pete Skipworth.
Cura Terrae comprises three market-leading businesses, Environmental Monitoring Solutions (EMS), Ecus and Envirocare, and will look for further suitable complementary acquisitions to add to the Group as part of a strategic growth plan.
Ecus provides holistic environmental consultancy services to support the development of UK infrastructure and services include air quality, arboriculture, carbon services, ecology, environmental services, habitats, heritage & archaeology, landscape architecture, and water services.
EMS provides environmental consultancy services and monitoring solutions to help clients meet and maintain environmental compliance, improve efficiency and manage environmental impact. Since being invested in by a regional VC in 2010, it has grown its staff count from seven to 50.
Envirocare offers stack emissions testing and occupational hygiene consultancy. With 30 members of staff, it is a leading UKAS and MCERTS accredited consultancy operating throughout the UK, Ireland and Europe.
Piers Clark, a respected water sector professional, will become non-executive Chair of Cura Terrae. Palatine Impact Fund Partner James Gregson, who led the investment with Investment Manager Greg Holmes, will also be joining the board, along with Finance Director Sara Blannin.
