At what enterprise value was ICA GROUP acquired in 2026?

During the acquisition of ICA GROUP by CERTANIA in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 20M - 50M GBP. 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 ICA GROUP when it was acquired by CERTANIA?

The estimated EV/EBITDA multiple for ICA GROUP is in the range of 10x - 18x. 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 ICA GROUP acquired by CERTANIA?

ICA GROUP was acquired by CERTANIA in 2026.

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

The revenue of ICA GROUP at the time of the deal is estimated to be in the range of 10M - 30M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of ICA GROUP during the acquisition?

ICA GROUP's EBITDA is estimated to be in the range of 0M - 5M GBP. 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 ICA 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 ICA 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://certania.com/news/ica-group-joins-certania-s-buildings-and-infrastructure-segment

← DATABASE

Home Database Business ServicesICA GROUP

03/2026

ICA GROUP

Acquired by

CERTANIA

UNITED KINGDOM Industrial Services / TIC (Testing, Inspection, Certification) EV 20M - 50M GBP

ICA GROUP acquired by CERTANIA

UNITED KINGDOM Industrial Services / TIC (Testing, Inspection, Certification) EV 20M - 50M GBP

Context

CERTANIA Holding GmbH has completed the acquisition of ICA Group from CEPS PLC and other shareholders. The acquisition was structured with an upfront payment and a contingent earn,out payment for certain shareholders, though the primary corporate seller received full consideration for its equity ownership upon completion to ensure a fully de-risked exit. This transaction strengthens the acquirer's Buildings and Infrastructure segment in the United Kingdom and Ireland, complementing existing portfolio companies such as BB7 and Clarke Banks. Strategic rationale for the deal includes expanding the group,s capabilities in building safety, gas and electrical auditing, and regulatory assurance across the UK construction sector. A portion of the proceeds from the disposal was utilized by the seller to repay existing external debt and provide additional resources for its remaining strategic business drivers. The target will continue to operate under its established management team and brands within the broader international group structure.

ICA GROUP, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to 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.

-> Deep-dive in Business Services market trends

Target

ICA Group is a UK,based holding company comprising several specialist businesses focused on quality, compliance, and sustainability within the built environment. Its business model integrates multi-disciplinary services across four core streams: quality site inspection (Clerk of Works), building control, gas and electrical auditing (specifically for social housing), and fire safety consultancy. The group operates through established brands such as Cook Brown Building Control, Hickton Quality Control, and Morgan Lambert, providing regulatory assurance and standards advisory throughout the UK construction sector. By ensuring project delivery meets stringent building regulations and safety standards, ICA Group serves as a critical partner for clients navigating an increasingly complex regulatory landscape. Its value proposition is centered on technical expertise and a comprehensive service portfolio that covers the entire building lifecycle, from initial construction oversight to ongoing safety compliance.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2025

2024

Other operations with ICA GROUP

REFERENCES

Valuation range: EV 20M - 50M GBP

Revenue range: 10M - 30M GBP

EBITDA range: 0M - 5M GBP

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

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