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Private Equity | Business Support Services

SGI Holdings Ltd. sells its continental European business to CERTANIA

SGI Holdings Ltd., a leading provider of testing, inspection, certification and compliance services (TICC) with a specific focus on environmental control, has succesfully divested its continental European activities (SGI Compliance) to CERTANIA, a rapidly growing player in the TICC industry. HSL Compliance, a UK environmental risk and compliance leader, a subsidiary of SGI Holdings Ltd., remains separate from this transaction.

Established in 1985, SGI Compliance has a rich history which has led the company to develop into a well-known market player with a large and loyal customer base in the Netherlands, Norway, Belgium and France. SGI Compliance specializes in services related to carcinogenic, mutagenic or reprotoxic (CMR) hazardous chemicals, as well as water hygiene. In 2019, LDC, a leading private equity firm, invested to back the management buyout of SGI Compliance from the global testing, inspection and certification group, Kiwa. This also included its activities in the UK, operating under the name HSL Compliance.

CERTANIA is a rapidly growing ecologically-oriented testing, inspection, and certification (TIC) provider with a mission to support its customers as an independent partner, promoting quality, sustainability and health transparency in companies and their ecosystems. CERTANIA operates across various segments, including life science, food & environment, ESG advice & analytics, certification & verification, sustainable materials and structures. CERTANIA is backed by Greenpeak Partners, a Germany-based private equity firm.

Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholder of SGI Compliance.

Parties
“SGI Compliance has long been acknowledged as a trusted and preferred partner for CMR hazardous materials and water hygiene TICC services in the Netherlands, Norway, Belgium, and France. Under the umbrella of CERTANIA, SGI Compliance will continue to operate independently, leveraging the synergies and growth opportunities arising from our partnership. I would like to thank Oaklins for their professionalism, expertise and commitment to achieve this successful transaction.”

Sytze Voulon

(Interim) CEO, SGI Compliance

Talk to the deal team

 Arjen  Kostelijk

Arjen Kostelijk

Partner
Amsterdam, Netherlands
Oaklins Netherlands
 Derk  Verheul

Derk Verheul

Associate Director
Amsterdam, Netherlands
Oaklins Netherlands
 Pim  Sinnige

Pim Sinnige

Analyst
Amsterdam, Netherlands
Oaklins Netherlands

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