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New Deal


Announced

Completed

Smithers completed the acquisition of Ssp.

Financials

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

Tags

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Netherlands

testing services

Test Inspection and Certification (TIC)

Friendly

water quality testing

Private

Acquisition

Cross Border

Single Bidder

Majority

Completed

testing inspection and certification

Synopsis

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Smithers, a provider of testing, consulting, information, and compliance services, completed the acquisition of Ssp, a provider of consultancy and testing services in relation to water quality management and water quality testing. Financial terms were not disclosed. "Ssp is an exciting addition to Smithers because we share a steadfast commitment to a client-first culture. We believe the Ssp culture of building trusted relationships is consistent with Smithers goal of helping our clients bring great products to market by delivering accurate data, on time, with high touch," Michael Hochschwender, Smithers CEO.

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