Dalcour Maclaren Secured Capital for Infrastructure Growth
The consultancy will use the investment to scale operations across the UK and Ireland as infrastructure demand surges.
Updated on Sept. 23, 2026 in Business Strategy
Live Poll
Do you trust private equity investment to improve the quality of national infrastructure projects?
B Corp-certified consultancy Dalcour Maclaren has partnered with MML Capital to accelerate its growth across the UK and Ireland. The investment will support the company's efforts to capitalize on rising demand for specialized infrastructure services.
Why it matters
The firm is positioning itself to capture significant project flow from massive regulatory-driven capital cycles in the water and electricity sectors. This partnership provides the liquidity needed for targeted acquisitions to scale service delivery in a high-demand market.
Dalcour Maclaren employs 750 staff across 19 offices and has maintained an approximate 20% annual growth rate over the last 23 years. The firm recently expanded its workforce by adding 250 roles in the past 12 months.
The players
Dalcour Maclaren
A B Corp-certified consultancy providing professional services to the infrastructure and utility sectors.
MML Capital
An investment firm that provides capital and operational support to facilitate company growth and acquisitions.
Mike Reynolds
A new board member joining Dalcour Maclaren to support its strategic expansion.
David Collins
A new board member joining Dalcour Maclaren to assist with operational growth initiatives.
The details
MML Capital will provide strategic backing to facilitate selective acquisitions, enabling the consultancy to scale its headcount and geographic reach. By leveraging external capital, Dalcour Maclaren intends to expand its service capacity to meet the surge in infrastructure spending. New board members Mike Reynolds and David Collins have joined the leadership team to oversee this expansion strategy.
Timeline
September 2026: The partnership between Dalcour Maclaren and MML Capital was announced.
2025-2030: The AMP8 water sector investment cycle is underway.
2026-2031: The RIIO-T3 electricity transmission investment cycle is occurring.
Market Landscape
This partnership follows a pattern set by the infrastructure industry as companies scramble to meet the record-breaking capital expenditure requirements of the AMP8 cycle. Firms are increasingly using private equity support to bridge the capacity gap created by these regulatory investment mandates.
Operators in the infrastructure and utility services sector should monitor the competitive landscape as consultancies scale up to manage record-level capital projects. Assess your current capacity to determine if you need to secure similar strategic support to remain competitive during these multi-year investment cycles.
The takeaway
The surge in infrastructure spending creates a clear window for service providers to scale through partnerships rather than organic growth alone. Operators should track their own capital cycle exposure against these regulatory benchmarks to determine if they need external support to handle incoming project volumes.
What happens next
A new chairperson will be appointed to the Dalcour Maclaren board in the near future.
Further reading
For more on how firms capitalize on industry expansion, visit the Business Strategy section.
Live Poll
Do you trust private equity investment to improve the quality of national infrastructure projects?
