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New Deal


Announced

Completed

Element Materials completed the acquisition of National Technical Systems from Aurora Capital.

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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Test Inspection and Certification (TIC)

Completed

Single Bidder

Friendly

Majority

Cross Border

United States

testing inspection and certification

Acquisition

Private

Private Equity

Synopsis

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Element Materials Technology, a provider of testing, inspection, and certification services, completed the acquisition of National Technical Systems, a provider of qualification testing, inspection, and certification services from Aurora Capital, a private equity firm. Financial terms were not disclosed. “We are pleased to have successfully acquired NTS, a company we have long respected for their talented colleagues and extensive expertise across multiple end-markets. NTS is a strategic acquisition for Element, bringing greater scale and complementary sector knowledge in North America and globally. Together, we will be able to further extend our portfolio of services across some of our most important end markets, bringing improved support for our customers all around the world," Jo Wetz, Element CEO.

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