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Announced

Sproule to acquire Subsurface Consultancy of SGS.

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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Friendly

Private

Netherlands

Single Bidder

Pending

Environmental Consulting

Majority

Cross Border

testing inspection and certification

Acquisition

Synopsis

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Sproule, an energy consulting and advisory firm, agreed to acquire Subsurface Consultancy of SGS, a testing, inspection, and certification company. Financial terms were not disclosed. “This acquisition further cements our business within the European market. It positions us to compete more effectively and deliver better solutions for our global client base, by further deepening our technical and commercial expertise. We look forward to welcoming the SSC team to Sproule, where we will provide critical continuity and offer new services to existing SSC clients,” Jim Chisholm, Sproule CEO.

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