Astorg Partners to acquire Normec Group from Summit Partners.

Private equity firm Astorg Partners agreed to acquire Normec Group, a provider of testing, inspection, certification and compliance services headquartered in the Netherlands, from Summit Partners, a global growth equity investor. Financial terms were not disclosed. "Over the past years, we have spent significant time reviewing the testing, inspection and certification space through which we have identified Normec. Normec’s leading position in its highly attractive core markets is a strong fit with Astorg’s investment strategy, and we are very excited to support Normec’s international expansion," François de Mitry, Astorg Managing Partner.