.
MergerLinks Header Logo

New Deal


Announced

Completed

Novacap and CDPQ-backed Eddyfi Technologies completed the acquisition of NDT Global.

Financials

Edit Data
Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Cross Border

Completed

Majority

pipeline inspection services

Oil Equipment and Services

Private Equity

Single Bidder

Germany

Acquisition

Friendly

Private

Test Inspection and Certification (TIC)

Synopsis

Edit

Novacap and CDPQ-backed Eddyfi Technologies, a provider of inspection technologies, completed the acquisition of NDT Global, an ultrasonic pipeline inline inspection and data analysis supplier for onshore and offshore pipelines worldwide. Financial terms were not disclosed. "We have spent the past 10 years developing, acquiring and perfecting the most advanced NDT modalities in the world. At every level of technology, pushing the limits of NDT to new heights has allowed us to solve critical problems and deliver superior, information-rich data for the benefits of our clients. However, selling inspection instrumentation & technology alone in certain very niche and specialized sub-verticals, such as ILI inspection, simply does not work. We are therefore excited to join forces with NDT Global and work with them and their clients to take ILI NDT to the next level," Martin Theriault, Eddyfi CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US