Announced
Completed
Financials
Tags
Test Inspection and Certification (TIC)
Completed
Single Bidder
Friendly
Majority
Cross Border
United States
testing inspection and certification
Acquisition
Private
Private Equity
Synopsis
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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