At what enterprise value was INTERTEK acquired in 2026?

During the acquisition of INTERTEK by EQT PARTNERS 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 3b - 100b 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 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of INTERTEK when it was acquired by EQT PARTNERS?

The estimated EV/EBITDA multiple for INTERTEK is in the range of 10x - 18x. 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 INTERTEK acquired by EQT PARTNERS?

INTERTEK was acquired by EQT PARTNERS in 2026.

What was the revenue of INTERTEK at the time of the deal?

The revenue of INTERTEK at the time of the deal is estimated to be in the range of 2.5b - 5b GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of INTERTEK during the acquisition?

INTERTEK's EBITDA is estimated to be in the range of 450M - 900M 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 INTERTEK 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 INTERTEK 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.reuters.com/legal/transactional/eqt-agrees-14-billion-takeover-intertek-ft-reports-2026-06-18/

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Home Database Business ServicesINTERTEK

06/2026

INTERTEK acquired by EQT PARTNERS

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

Context

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 £61.08 per share, including a dividend. This deal comes after months of negotiations between the two parties, during which EQT submitted multiple offers, all of which were initially rejected by Intertek's board due to concerns that the valuation did not adequately reflect the company's growth prospects and asset quality. EQT gradually increased its offer until it reached a level deemed acceptable by the board, amidst growing pressure from some shareholders. This acquisition is part of a broader trend of increased private equity activity in European mid and large caps, driven by compressed public market valuations and the appeal of assets generating stable, defensive cash flows. Intertek had also been exploring internal strategic options, including a potential separation of its businesses, which was ultimately abandoned in favor of the EQT deal. The transaction remains subject to customary closing conditions, including regulatory and shareholder approvals. Once completed, it will be one of the largest privatization deals in the UK in recent years, highlighting the ongoing interest of private equity firms in high-quality, cash-generative businesses.

Previously, the company had pursued a consolidation strategy by acquiring Alchemy (2018) and Sai Global Assurance (2021).

INTERTEK, 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 (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

Intertek is a UK-based company that specializes in Total Quality Assurance services, providing testing, inspection, and certification solutions to industrial clients worldwide. With a network of over 1,000 laboratories and offices across more than 100 countries, the company has a global reach that enables it to support clients across entire industrial supply chains. Its services encompass product testing, regulatory compliance, certification, and quality assurance solutions, with a strong focus on business-to-business (B2B) relationships. Intertek operates in a wide range of sectors, including manufacturing, energy, automotive, food and agriculture, and consumer goods. The company's economic model is built on recurring revenue streams from essential and regulated services, generating high visibility into cash flows. This characteristic makes it a typically sought-after asset by long-term investors and private equity funds, particularly in an environment where valuation multiples are normalizing.

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Other operations with INTERTEK

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
05/2021	INTERTEK	SAI GLOBAL ASSURANCE	AUSTRALIA	Industrial Services	This strategic acquisition involves the full takeover of a premier global provider of assurance services from its previous private equity owner, Baring Private Equity Asia. The transaction is designed to significantly scale the acquirer's business assurance division, particularly within capital-light and high-margin segments that address the increasing corporate focus on risk-based quality assurance following global supply chain disruptions
08/2018	INTERTEK	ALCHEMY	UNITED STATES	Software	Intertek has entered into a definitive agreement to acquire Alchemy from the private equity firm The Riverside Company. This acquisition strategically expands the acquirer,s global Assurance business by adding a bespoke People Assurance SaaS offering that focuses on employee skills and frontline productivity

REFERENCES

Valuation range: EV 3b - 100b GBP

Revenue range: 2.5b - 5b GBP

EBITDA range: 450M - 900M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of INTERTEK by EQT PARTNERS 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: intertek

Acquirer: eqt partners