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New Deal


Announced

Completed

Goldman Sachs-backed LRQA completed the acquition of ELEVATE from EQT Partners.

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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Third Party Logistics (3PL)

Friendly

Hong Kong

Private

Acquisition

Single Bidder

supply chain management

supply chain effectiveness

Majority

Cross Border

Private Equity

Completed

Synopsis

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Goldman Sachs-backed LRQA, an international trade and development firm, completed the acquisition of ELEVATE, a Hong Kong-based ESG and supply chain service provider, from EQT Partners, a purpose-driven global investment organization. Financial terms were not disclosed. “Assurance is evolving, both in response to the events of the past two years and the cast-iron certainty of further, rapid change in the future. Our entire focus in bringing LRQA and ELEVATE together is to help our clients take control, manage risk and face that future with confidence. We are committed to transforming the value that assurance delivers for our clients and this partnership with ELEVATE will take us further and faster towards that goal in the critical ESG space,” Paul Butcher, EQT CEO.

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