Who owns EAG LABORATORIES?

EAG LABORATORIES has been 100% owned by EUROFINS SCIENTIFIC since December 2017.

At what enterprise value was EAG LABORATORIES acquired in 2017?

During the acquisition of EAG LABORATORIES by EUROFINS SCIENTIFIC in 2017, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b USD.

What was the EV/EBITDA of EAG LABORATORIES when it was acquired by EUROFINS SCIENTIFIC?

The estimated EV/EBITDA multiple for EAG LABORATORIES is in the range of 10x - 18x.

When was EAG LABORATORIES acquired by EUROFINS SCIENTIFIC?

EAG LABORATORIES was acquired by EUROFINS SCIENTIFIC in 2017.

What was the revenue of EAG LABORATORIES at the time of the deal?

The revenue of EAG LABORATORIES at the time of the deal is estimated to be in the range of 150M - 250M USD.

What was the EBITDA of EAG LABORATORIES during the acquisition?

EAG LABORATORIES's EBITDA is estimated to be in the range of 50M - 100M USD.

How is the data for the EAG LABORATORIES acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the EAG LABORATORIES deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.eag.com/newsroom/eurofins-announces-the-successful-closing-of-the-acquisition-of-eag-laboratories/

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

← DATABASE

Home Database Business ServicesEAG LABORATORIES

12/2017

EAG LABORATORIES acquired by EUROFINS SCIENTIFIC

UNITED STATES Industrial Services / TIC (Testing, Inspection, Certification) EV 500M - 1.5b USD

Context

Eurofins Scientific has signed an agreement to acquire 100% of EAG Laboratories from the private equity firm Odyssey Investment Partners. This acquisition represents one of the three largest transactions in Eurofins' history and significantly accelerates its 2020 growth roadmap by adding a new, highly profitable business line in the US TIC market. The strategic rationale for the deal is the perfect geographic and service complementarity between the two groups. EAG reinforces Eurofins' global offering in the strategic biopharmaceutical and agrochemical markets while providing a dominant entry point into materials and engineering sciences. The acquisition is expected to be highly accretive, with analysts projecting a 13% boost to EPS by 2018. Eurofins maintains a healthy balance sheet following the deal, with a net debt/EBITDA ratio estimated at 1.48x, allowing for continued expansion. No restructuring or consolidation of the existing laboratory network is planned.

EAG LABORATORIES, which reported an EBITDA margin of in 2017, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

EAG Laboratories is a leading global scientific services company providing high-end analytical testing and consulting solutions. The organization operates 21 laboratories across 18 locations worldwide, serving approximately 4,000 clients in over 50 countries. The entity specializes in three core strategic markets: Materials & Engineering Sciences, Agrochemicals, and Biopharmaceuticals. With a workforce of over 1,000 highly skilled scientists and technical staff, the group offers specialized testing that supports the full product lifecycle, from R&D and manufacturing to environmental assessment. The firm is recognized as one of the largest independent platforms in the TIC (Testing, Inspection, and Certification) sector in the United States, known for its deep technical expertise and state-of-the-art laboratory infrastructure.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year

Rev

EBITDA

EBIT

2017

2016

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2018	EUROFINS SCIENTIFIC	COVANCE FOOD SOLUTIONS	UNITED STATES	TIC (Testing, Inspection, Certification)
02/2018	HLD	KILOUTOU	FRANCE	Equipment Rental
11/2017	OMERS	TRESCAL	FRANCE	TIC (Testing, Inspection, Certification)
10/2017	PARQUEST CAPITAL	GROUPE ASERTI	FRANCE	Industrial Services
10/2017	TRITON PARTNERS	UNICA	NETHERLANDS	Multi-technical Installation
06/2017	ELEMENT MATERIALS TECHNOLOGY	EXOVA GROUP	UNITED KINGDOM	TIC (Testing, Inspection, Certification)
06/2017	PARQUEST CAPITAL	ACCES INDUSTRIE	FRANCE	Equipment Rental
05/2017	ARDIAN	ASSYSTEM GLOBAL PRODUCT SOLUTIONS	FRANCE	Engineering & Consulting
05/2017	ADVENT INTERNATIONAL	IPH GROUP	FRANCE	Industrial & Technical Distribution
02/2017	LOXAM	HUNE	SPAIN	Equipment Rental

REFERENCES

Valuation range: EV 500M - 1.5b USD

Revenue range: 150M - 250M USD

EBITDA range: 50M - 100M USD

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

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: eag laboratories

Acquirer: eurofins scientific