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Announced

Completed

Jensen Hughes completed the acquisition of Warringtonfire Australia from Element Materials Technology.

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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Australia

fire safety

Security Services

Acquisition

Cross Border

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Jensen Hughes, a professional engineering and consulting services company, completed the acquisition of Warringtonfire Australia, a fire testing and fire safety engineering consulting firm, from Element Materials Technology, a provider of product compliance and qualification testing services. Financial terms were not disclosed. "This is a win-win for Jensen Hughes and for our new colleagues coming from Warringtonfire Australia. Fire safety engineering is integral to our core service mix. This acquisition significantly enhances our capability in this area and brings a NATA and ISO- accredited Fire Testing Laboratory into our operations. On behalf of our worldwide team, I'm delighted to welcome our new Warringtonfire Australia colleagues to Jensen Hughes and our growing global family!" Raj Arora, Jensen Hughes CEO.

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