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Announced

Completed

Temasek completed the acquisition of Element Materials Technology from Bridgepoint for $7bn.

Financials

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Transaction Value£5,182m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Cross Border

Private Equity

testing

United Kingdom

products

various materials

certification

inspection

Test Inspection and Certification (TIC)

Majority

Single Bidder

Friendly

Completed

Synopsis

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Temasek, a global investor headquartered in Singapore, completed the acquisition of Element Materials Technology, a provider of testing, inspection, and certification services, from Bridgepoint, a British private investment company, for $7bn. “Element is a true success story – a talented management team leading an exceptional group of experts across offices and laboratories in more than 30 countries around the world. We’re now entering another exciting chapter of purpose-driven growth, together with our customers and our new owners," Allan Leighton, Element Non-Executive Chairman.

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