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New Deal


Announced

Completed

Rina acquired Edif Group from Phoenix Equity Partners for £118.5m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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engineering services

consulting

tic

Test Inspection and Certification (TIC)

United Kingdom

Disposal

Private

Completed

Friendly

Private Equity

Single Bidder

Synopsis

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Rina Phoenix Equity Partners, a leading UK middle-market private equity firm, acquired Edif Group, the leading worldwide provider of a diverse range of testing, inspection, certification and consulting services. Edif is a leading worldwide provider of a diverse range of TICC services that serve to reduce risk, optimise performance and enhance the capability of its clients’ assets. Edif is headquartered in London, UK, and employs approximately 650 employees and 2.5k associates in over 20 offices internationally. "I am proud to have co-founded and grown the Edif Group from a standing start over the last 5 years, alongside my colleagues Anthony Chant, Gavin Higgins and the wider Edif team. With investment and support from Phoenix Equity Partners, Edif is now a successful, international industrial TICC business. Phoenix have been outstanding partners for us since our first meeting to discuss investing in the TICC sector back in 2010." Rob Dilworth, Edif CEO.

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