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02/2026

APEM GROUP acquired by APPLUS+ GROUP

UNITED KINGDOM Professional Services / Consulting & Audit EV 300M - 700M GBP

Context

Applus+ Group acquired 100% of APEM Group. The transaction marks a transformative shift for APEM, which will now lead the Environmental Services division for the entire Applus+ organization. The deal was financed by Applus+ through a EUR350 million incremental term loan. The strategic rationale focuses on the "sustainability mega-trend," combining APEM's scientific depth with Applus+'s industrial scale to capture global demand for environmental compliance and renewable energy advisory.

By taking control of Apem Group, Applus+ Group continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Qps Evaluation Services in 2020.

APEM GROUP, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a level LOGIN the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

is a leading global environmental consultancy providing independent scientific advice and data-driven services. It specializes in water quality, biodiversity, aerial surveys, and environmental impact assessments for industries including renewables, infrastructure, and utilities. Under WestBridge's ownership, the firm expanded from a boutique UK consultancy to a global leader, completing nine strategic acquisitions across the UK, Ireland, and Australia. The group is renowned for its highly skilled workforce (many holding doctorates) and its ability to support large-scale energy transition and sustainability projects.

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Historical Financials (GBP)

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REFERENCES

Valuation range: EV 300M - 700M GBP

Revenue range: 50M - 100M GBP

EBITDA range: 10M - 30M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of APEM GROUP by APPLUS+ GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: apem group

Acquirer: applus+ group