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04/2026

LOTUSWORKS acquired by BUREAU VERITAS

IRELAND Industrial Services / TIC (Testing, Inspection, Certification) EV 300M - 700M EUR

Context

Bureau Veritas has signed a definitive agreement to acquire 100% of LotusWorks. This transaction marks a major step in the implementation of the Group’s strategy, significantly strengthening its leadership in the fast-growing data center and semiconductor market segments. The strategic rationale centers on creating a new service platform for mission-critical assets, combining Bureau Veritas' global network with LotusWorks' technical "know-how" in commissioning and validation. This platform is expected to represent approximately 15% of the Building & Infrastructure division upon closing. The acquisition is immediately accretive to the Group’s adjusted operating margin and earnings per share from the first year. The transaction will be funded through existing credit lines, maintaining Bureau Veritas’ net leverage within a range of 1.0x to 2.0x EBITDA.

LOTUSWORKS, which reported an EBITDA margin of LOGIN in 2026, 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.

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Target

LotusWorks is a global leader in commissioning, Quality Assurance and Quality Control (QA/QC), calibration, and maintenance for mission-critical assets. The organization specializes in high-tech infrastructure, specifically serving hyperscale data centers and semiconductor manufacturing facilities. Headquartered in Ireland with a strong operational footprint in the U.S. and Europe, the entity employs 750 highly skilled experts. Its business model is built on long-term framework agreements, a robust multi-year order book, and recurring technical services in environments requiring rigorous execution and world-class expertise. The firm enables its clients (primarily global tech giants and chip manufacturers) to ensure the compliance, safety, and peak performance of their most complex and sensitive technological facilities.

Ent. Value

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Multiples

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EV / EBITDA

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Historical Financials (EUR)

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2026
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2025
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Other operations with LOTUSWORKS

REFERENCES

Valuation range: EV 300M - 700M EUR

EBITDA range: 10M - 30M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LOTUSWORKS by BUREAU VERITAS 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).

Press release: view release

Target: lotusworks

Acquirer: bureau veritas