NIFE has been acquired by TÜV Rheinland Group
January 2014 — The international technical services provider TÜV Rheinland has acquired the business and assets of NIFE, a premier vocational training institute based in southern India. The terms of the transaction have not been disclosed.
Headquartered in Kochi, NIFE is the largest training provider in fire and safety, lift technology and fiber optics. NIFE has more than 70 centers in India as well as a presence in the Middle East.
The TÜV Rheinland Group (TÜV) is a leading provider of technical services worldwide. Founded in 1872 and headquartered in Cologne, the group boasts 500 locations in 65 countries. TÜV also has a presence in India in the traditional TIC business.
Our role in the transaction
Oaklins advised the sellers on exiting their interest in NIFE. TÜV Rheinland was introduced as a buyer early on in the process. Interacting with an international player who had significant expertise in growing globally was extremely reassuring for the sellers. This transaction once again highlights Oaklins' ability to close deals worldwide.
Talk to the deal team
Related deals
Dan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Learn more360 Experience Group has merged with GoodFellows
360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.
Learn moreSAP Landscapes has secured investment from Renatus Capital Partners
SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.
Learn more