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New Deal


Announced

Completed

Intertek completed the acquisition of SAI Global Assurance from SAI and Baring Private Equity for $665m.

Financials

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Transaction Value£471m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Single Bidder

Australia

Private

quality assurance

Cross Border

Friendly

testing inspection and certification

Test Inspection and Certification (TIC)

Completed

Private Equity

Synopsis

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Intertek, a British multinational assurance, inspection, product testing and certification company, completed the acquisition of SAI Global Assurance, a provider of assurance services, from SAI and Baring Private Equity for $665m. "As we emerge from the global Covid-19 pandemic, we expect our customers to increase their focus on Risk-Based Quality Assurance to provide the highest quality safety and sustainability products and services to their customers. The growth of the Assurance, Testing, Inspection & Certification industry is expected to accelerate and Assurance, a capital light and high margin service will be critical to addressing the increased corporate focus on Total Quality Assurance," Andre Lacroix, Intertek CEO.

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