At what enterprise value was ELEMENT MATERIALS TECHNOLOGY acquired in 2022?

During the acquisition of ELEMENT MATERIALS TECHNOLOGY by TEMASEK in 2022, the company was valued at an estimated revenue multiple of 5x - 12x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of ELEMENT MATERIALS TECHNOLOGY when it was acquired by TEMASEK?

The estimated EV/EBITDA multiple for ELEMENT MATERIALS TECHNOLOGY is in the range of Above 20x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was ELEMENT MATERIALS TECHNOLOGY acquired by TEMASEK?

ELEMENT MATERIALS TECHNOLOGY was acquired by TEMASEK in 2022.

What was the revenue of ELEMENT MATERIALS TECHNOLOGY at the time of the deal?

The revenue of ELEMENT MATERIALS TECHNOLOGY at the time of the deal is estimated to be in the range of 500M - 1b USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ELEMENT MATERIALS TECHNOLOGY during the acquisition?

ELEMENT MATERIALS TECHNOLOGY's EBITDA is estimated to be in the range of 100M - 200M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the ELEMENT MATERIALS TECHNOLOGY 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 ELEMENT MATERIALS TECHNOLOGY 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.bridgepointgroup.com/about-us/news-and-insights/press-releases/2022/Bridgepoint-sells-Element-Materials-Technology

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Home Database Business ServicesELEMENT MATERIALS TECHNOLOGY

01/2022

ELEMENT MATERIALS TECHNOLOGY acquired by TEMASEK

UNITED KINGDOM Industrial Services / TIC (Testing, Inspection, Certification) EV 3b - 100b USD

Context

Temasek has acquired a majority stake in Element Materials Technology from the private equity firm Bridgepoint. This landmark transaction marks the end of a highly successful six-year partnership with Bridgepoint, during which Element achieved a ten-fold increase in turnover and integrated numerous strategic acquisitions, including the major purchase of Exova in 2017. The strategic rationale for Temasek is to accelerate Element’s growth in high-barrier end-markets like life sciences and connected technologies, while leveraging the Group’s top-tier ESG credentials to support global decarbonization journeys. Following the deal, Element immediately pursued further expansion, including the acquisition of US-based National Technical Systems (NTS).

In the past, the company underwent an LBO led by Bridgepoint in 2015, and continued an active consolidation strategy by notably acquiring Exova Group (2017).

ELEMENT MATERIALS TECHNOLOGY, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than 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

Element Materials Technology is a global testing company specializing in materials testing, product qualification, consulting, and certification services. Majority-owned by the international private equity firm Bridgepoint, the organization has pursued an aggressive "buy-and-build" strategy, acquiring 17 businesses in the years leading up to 2017. Its investment thesis focuses on creating the world’s fastest-growing independent testing and certification provider by consolidating niche leaders in the aerospace, transportation, and health sciences sectors. The group’s criteria prioritize technical strength and geographic reach to support customers across worldwide programs. With over 200 laboratories globally, the firm leverages its scale to provide integrated, best-practice services to over 40,000 customers.

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Other operations with ELEMENT MATERIALS TECHNOLOGY

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
09/2022	ELEMENT MATERIALS TECHNOLOGY	NATIONAL TECHNICAL SYSTEMS (NTS)	UNITED STATES	Industrial Services	Element Materials Technology Group has acquired 100% of National Technical Systems (NTS) from the middle-market private equity firm Aurora Capital Partners. This transaction follows the acquisition of Element by Temasek earlier in 2020 and represents a major strategic move to consolidate the North American TIC market
06/2017	ELEMENT MATERIALS TECHNOLOGY	EXOVA GROUP	UNITED KINGDOM	Industrial Services	Element Materials Technology has completed the acquisition of Exova Group PLC, joining two of the world's leading testing companies to create a single global TIC powerhouse. The deal was won following a competitive process involving other major bidders, including PAI Partners and Jacobs Holding AG
12/2015	BRIDGEPOINT	ELEMENT MATERIALS TECHNOLOGY	UNITED KINGDOM	Industrial Services	Bridgepoint has acquired a majority stake in Element Materials Technology from 3i Group and its managed funds. This secondary LBO marks the end of a highly successful five-year partnership with 3i, during which Element nearly trebled its revenue and quadrupled its EBITDA through 10 strategic acquisitions

REFERENCES

Valuation range: EV 3b - 100b USD

Revenue range: 500M - 1b USD

EBITDA range: 100M - 200M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ELEMENT MATERIALS TECHNOLOGY by TEMASEK 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).

Target: element materials technology

Acquirer: temasek