JAMES FISHER TESTING SERVICES acquired by PHENNA GROUP
Context
The acquisition of James Fisher Testing Services by Phenna Group signifies a pivotal realignment of the industrial portfolio for James Fisher and Sons plc. The strategic rationale for this transaction centers on a "portfolio-refocusing" maneuver, allowing the seller to concentrate its capital on market-leading niche sectors in marine, energy, and defense. This alignment provides James Fisher Testing Services with an owner specifically focused on the Testing, Inspection, Certification, and Compliance sector, facilitating deeper integration into a dedicated infrastructure network.
JAMES FISHER TESTING SERVICES, which reported an EBITDA margin of [members only] in 2021, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the Business Services sector (11.4x).
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Target
James Fisher Testing Services is a Construction Materials Testing company based in Warrington, specializing in the rigorous technical verification of structural components for the built environment. The organization provides critical diagnostic data for civil engineering projects, primarily focusing on the mechanical integrity of concrete, soil stability, and aggregate composition through its network of accredited laboratories. Rather than offering generic consultancy, the firm utilizes specialized field-based technicians to deliver site-specific engineering services that ensure construction materials comply with stringent safety standards. Its utility resides in its ability to mitigate structural risk by providing empirical evidence for architectural durability in high-stakes infrastructure developments.
Ent. Value
£0–15M
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (GBP)
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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 01/2022 | TEMASEK | ELEMENT MATERIALS TECHNOLOGY | UNITED KINGDOM | TIC (Testing, Inspection, Certification) |
| 12/2021 | KILOUTOU | AB MATERIELS | FRANCE | Equipment Rental |
| 10/2021 | REXEL | MAYER | UNITED STATES | Industrial & Technical Distribution |
| 09/2021 | DXP ENTERPRISES | PREMIER WATER | UNITED STATES | Industrial & Technical Distribution |
| 09/2021 | TURENNE CAPITAL / NORD CAPITAL PARTENAIRES | KALI ENVIRONNEMENT | FRANCE | Engineering & Consulting |
| 09/2021 | PRODATA CONSULT | EMAGINE | DENMARK | Engineering & Consulting |
| 09/2021 | THE ADECCO GROUP | AKKA TECHNOLOGIES | FRANCE | Engineering & Consulting |
| 08/2021 | TRANSCAT | NEXA ENTERPRISE | IRELAND | TIC (Testing, Inspection, Certification) |
| 07/2021 | GRAFTON GROUP | IKH | FINLAND | Industrial & Technical Distribution |
| 07/2021 | PAI PARTNERS | APAVE GROUPE | FRANCE | TIC (Testing, Inspection, Certification) |
Other operations with PHENNA GROUP
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 02/2026 | PHENNA GROUP | SIGMA TRE | ITALY | TIC (Testing, Inspection, Certification) |
| 06/2025 | PHENNA GROUP | CONSTRUCTION TESTING SERVICES | UNITED KINGDOM | TIC (Testing, Inspection, Certification) |
| 08/2022 | OAKLEY CAPITAL INVESTMENTS | PHENNA GROUP | UNITED KINGDOM | TIC (Testing, Inspection, Certification) |
REFERENCES
Valuation range: EV £0–15M
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of JAMES FISHER TESTING SERVICES by PHENNA GROUP 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.
Acquirer: phenna group