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New Deal


Announced

Fremman Capital to acquire a majority stake of VPS from IK Investment Partners for $200m.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Test Inspection and Certification (TIC)

Single Bidder

Netherlands

Friendly

Majority

Pending

certification services

Acquisition

inspection services

Private Equity

Cross Border

Private

testing inspection and certification

United Kingdom

Synopsis

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Fremman Capital, a mid-market investment firm, agreed to acquire a majority stake of VPS, marine fuel testing and advisory services company, from IK Investment Partners, a European private equity advisory group, for $200m. “VPS fits perfectly with Fremman’s strategy to invest in strong leaders in long term growing industries. Fremman will support the management team in its plan to develop the activity and assist clients in minimizing energy consumption and greenhouse gas emissions.” Olivier de Vregille, Fremman Capital Founding Partner.

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