Consolidators fuel expansion into new verticals and geographies
TICC Spot On
Consolidation continues to be key within the testing, inspection, certification & compliance (TICC) sector, both within established verticals as well as, increasingly, new verticals and geographies. As we explain in our latest Spot On, this trend for accelerating growth and acquisitions is being leveraged by the large consolidators within the market, such as Phenna Group, SGS and Celnor, along with factors such as expanding capabilities in IT, data and AI.
In the report, we delve into the latest acquisitions by these main TICC consolidators, and include an overview of relevant deals from around the globe.
Over the past decade, we have seen significant activity from large consolidators in the TICC sector, primarily in Continental Europe and the UK, as well as within established verticals. While this trend continues, with ample opportunities for further organic and inorganic growth, consolidators are increasingly expanding into new verticals and geographies, such as the USA, to accelerate growth and maintain their pace of acquisitions.TIJN BASTIAANS, PARTNER, OAKLINS NETHERLANDS
A highlight in this issue is our interview with Luc Leroy, CEO of Kiwa, a leading player in the TICC sector that has been enjoying rapid growth in the past few years. The conversation looks at Kiwa’s particular strengths compared to its peers, its growth strategy and the company’s priorities for the coming years. You can also read a case study of a transaction where Oaklins acted as the exclusive sell-side advisor to UK- based company, TEAM Safety Services.
Talk to our industry specialists
Partner
View profile
Senior Advisor
View profile
Download the newsletter below for expert commentary in this sector
