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  5. Science Group Invests In Ricardo

Investment Summary

Science Group Invests In Ricardo

On February 27, 2025, Science Group invested in business services company Ricardo

Investment Highlights
  • This is Science Group’s 2nd transaction in the Business Services sector.
  • This is Science Group’s 2nd transaction in the United Kingdom.

Investment Summary
Date 2025-02-27
Target Ricardo
Sector Business Services
Investor(s) Science Group
Deal Type Stake Purchase

Target

Ricardo

Shoreham-by-Sea, United Kingdom
Ricardo is a strategic engineering and environmental consultancy that specializes in the transport, energy, and scarce resources sectors. Ricardo's work extends across a range of market sectors including passenger cars, commercial vehicles, rail, defense, motorsport, energy, and environment, and are proud to possess a client list that includes transport operators, manufacturers, energy companies, financial institutions, and government agencies. Ricardo was founded in 1915 and is based in Shoreham-by-Sea, England.

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Investor(S) 1

Investor

Science Group

Cambridge, United Kingdom
Category Company
Founded 2008
Sector Business Services
Employees640
Revenue 113M GBP (2023)
DESCRIPTION

Science Group is a provider of independent advisory and advanced product development services focused on science and technology initiatives. Company specialist companies, Sagentia, Oakland Innovation, OTM Consulting and Leatherhead Food Research, collaborate closely with their clients in key vertical markets to deliver clear returns on technology and R&D investments. Science Group was founded in 2008 and is based in Cambridge, the United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 2 of 2
Type (Stake Purchase) 1 of 1
Country (United Kingdom) 2 of 2
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-15 Frontier Smart Technologies

Cambridge, United Kingdom

Frontier Smart Technologies is a technology company focused on solutions for digital radio and SmartRadio products. The company is a pioneer in technologies for digital audio and the market leader in DAB/DAB+ radios and SmartRadio solutions. Powering over 50 million devices worldwide, Frontier provides a range of radio chips and modules, from turnkey entry-level solutions to sophisticated, highly configurable options, to leading consumer electronics brands. With its R&D center in Cambridge (UK) and manufacturing and sales offices in Shenzhen (China) and Hong Kong, Frontier supports clients and consumers across Europe and Asia. Frontier was formed in 2001 and is based in Cambridge, United Kingdom.

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