At what enterprise value was GEI GROUP acquired in 2026?

You can find the full valuation details of GEI GROUP on mynth capital. 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 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of GEI GROUP when it was acquired by APAVE GROUPE?

The exact EV/EBITDA multiple for GEI GROUP is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was GEI GROUP acquired by APAVE GROUPE?

GEI GROUP was acquired by APAVE GROUPE in 2026.

What was the revenue of GEI GROUP at the time of the deal?

The revenue of GEI GROUP at the time of the deal is estimated to be in the range of 5M - 25M EUR. Register for free to access the full transaction report and exact valuation multiples.

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 GEI GROUP 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 GEI GROUP 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.apave.com/en/News/Press-releases/Apave-Group-announces-the-signing-of-an-agreement-for-the-acquisition-of-GEI

← DATABASE

Home Database Business ServicesGEI GROUP

05/2026

GEI GROUP acquired by APAVE GROUPE

SINGAPORE Industrial Services / TIC (Testing, Inspection, Certification) REV 5M - 25M EUR

Context

Apave Group has announced an agreement to acquire GEI Group, a Singapore-based leader in industrial inspection and testing services. This transaction represents Apave's 32nd acquisition in less than six years and is a key strategic move aligned with its 'AMPLIFY 2030' strategic plan, which aims to establish the company as a global leader in the Testing, Inspection, and Certification (TIC) sector. The acquisition is designed to significantly strengthen Apave's geographical footprint in Southeast Asia, a region targeted for high growth. By integrating GEI, Apave will immediately bolster its existing regional platform, adding skilled personnel and expanding its operational capabilities. The deal will also enhance Apave’s service portfolio by incorporating GEI's specialized expertise in advanced non-destructive testing and calibration/metrology. This synergy is expected to improve Apave's ability to identify and control risks and manage asset life performance for its industrial clients. The combination aims to generate significant commercial opportunities by merging Apave's global reputation with GEI's strong regional presence and customer relationships. The founder of GEI will remain with the combined entity to lead Apave's activities in the region, ensuring continuity and driving future growth. The transaction was initiated by the target and is being self-financed from Apave's balance sheet.

GEI GROUP, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (10.9x).

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.

-> Deep-dive in Business Services market trends

Target

GEI Group is a Singapore-based provider of specialized technical services for industrial clients. Founded in 2013, the company has established a strong presence in Southeast Asia, with primary operations in Singapore and growing activities in Indonesia and India. GEI focuses on delivering a comprehensive suite of solutions in inspection, advanced non-destructive testing (NDT), and calibration/metrology. Its service portfolio includes advanced techniques such as Digital Radiography, Phased Array Ultrasonic Testing (PAUT), and Internal Rotary Inspection System (IRIS), alongside pre- and post-weld heat treatment solutions. The company serves a diverse client base across four key sectors: process industries, maritime, energy, and infrastructure. It operates reputable and accredited calibration laboratories in Singapore, Indonesia, and India, holding numerous significant regional accreditations and recognitions, including SAC-SINGLAS, NABL, KAN, BKI, and MIGAS. These certifications, along with approvals from major international classification bodies, underscore its commitment to high standards of reliability and safety. As of 2026, the company employed over 210 skilled professionals dedicated to ensuring the integrity and performance of client assets.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2025

2024

Similar deals in Business Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
06/2026	BAIN CAPITAL	FDH AERO	UNITED STATES	Industrial Services	Bain Capital’s majority investment in FDH Aero represents an ownership transition timed to underwrite the target's next institutional growth phase, leveraging a highly fragmented global aerospace distribution landscape to execute large-scale cross-border M&A
06/2026	EQT PARTNERS	INTERTEK	UNITED KINGDOM	Industrial Services	EQT has reached an agreement to acquire Intertek, a UK-based FTSE 100 company specializing in testing, inspection, and certification services, in an all-cash deal. The transaction values Intertek at £61
05/2026	ALTOR	SERTION	SWEDEN	Industrial Services	Altor, through its investment vehicle Altor Fund VI, acquires a majority stake in Sertion, with entrepreneurs and management reinvesting meaningfully and remaining key owners. The transaction is expected to accelerate Sertion's next phase of growth across existing markets and into new geographies, leveraging Altor's expertise and resources to support the company's expansion
05/2026	SOCOTEC	LSTC GROUP	UNITED KINGDOM	Industrial Services	The acquisition of LSTC Group by SOCOTEC UK & Ireland represents a strategic move to strengthen the company's infrastructure capabilities, particularly in the power transmission and distribution sector
05/2026	APAVE GROUPE	DEKRA RAIL	NETHERLANDS	Industrial Services	The acquisition of Dekra Rail by Apave's subsidiary Certifer marks a significant step in Apave's growth strategy in the rail sector. This external growth operation allows Apave to consolidate its expertise in the transportation and mobility sector, a key axis of development for the company
05/2026	EIFFAGE	HAND & WERK	GERMANY	Industrial Services	Eiffage, through its subsidiary Eiffage Énergie Systèmes, has entered into a definitive agreement to acquire Hand & Werk, marking a highly strategic inorganic growth transaction engineered to accelerate its footprint across the German data center market
05/2026	REXEL	REVERE ELECTRICAL SUPPLY	UNITED STATES	Industrial Services	Rexel has entered into a definitive agreement to acquire Revere Electrical Supply, a family-owned American distributor. This strategic transaction marks another significant step in Rexel's ambitious external growth strategy in North America, representing its sixteenth acquisition in the region since 2020
04/2026	MONTAGU PRIVATE EQUITY	DQS	GERMANY	Industrial Services	Montagu has entered into an agreement to acquire a majority stake in DQS from a consortium of shareholders, including German professional organizations, industry associations, and US-based UL Solutions
04/2026	MONTYON CAPITAL	TRIGO	FRANCE	Industrial Services	Montyon Capital has finalized the acquisition of a majority stake in Trigo from Ardian, a maneuver designed to fundamentally accelerate the group’s transformation into a multi-sector leader in industrial quality assurance
04/2026	SIWIS	GEOCOMP	ITALY	Industrial Services	The transaction involves the 100% acquisition of Geocomp srl by Siwis, a platform company backed by Bravo Capital Partners II. This deal represents the third strategic acquisition for the platform, following its previous investments in Ekso srl and Drilling Solutions srl

REFERENCES

Revenue range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GEI GROUP by APAVE GROUPE 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: gei group

Acquirer: apave groupe