mynth
12/2019

SOCOTEC

Acquired by

CLAYTON, DUBILIER & RICE (CD&R)

FRANCE Industrial Services / TIC (Testing, Inspection, Certification) EV 1b - 4b EUR

Context

Clayton Dubilier & Rice has signed an agreement to acquire a significant minority stake in Socotec, taking over the positions previously held by Five Arrows and BIP Investment Partners. This transaction occurs alongside the existing majority shareholder, Cobepa, which has controlled the group since 2013. The capital reorganization follows a period of rapid international growth, most notably the recent acquisition of the American firm Vidaris, which allowed the target to establish a major presence in the North American building consultancy market. The deal marks one of the most significant leveraged buyouts of the year in the French market. The strategic entry of the new investor is intended to support the management team in its continued buy,and,build strategy and to provide the permanent capital necessary for further global expansion. The existing debt structure was recently repackaged through a senior loan facility to support the group,s increased scale and recent acquisition activities.

SOCOTEC, which reported an EBITDA margin of LOGIN in 2019, 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

SOCOTEC is a french leading global provider of Testing, Inspection, Certification, and Compliance (TICC) services for the building and infrastructure sectors.

Ent. Value

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Equity Value

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Multiples

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2019
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2018
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Other operations with SOCOTEC

DateAcquirerTargetCountrySectorDeal Context
SOCOTECFRANCEIndustrial Services

SOCOTEC is a french leading global provider of Testing, Inspection, Certification, and Compliance (TICC) services for the building and infrastructure sectors.

ATSFRANCEIndustrial Services

ATS is a specialized technical service provider focusing on global quality control, analysis, testing, and technical inspections for industrial sectors. The organization operates primarily within the oil and gas, building and civil engineering (BTP), and metallurgy industries. Its value proposition centers on ensuring industrial safety, material integrity, and regulatory compliance through a network of international subsidiaries. The entity’s strategy focuses on delivering technical expertise in complex energy environments, providing mission-critical verification services to major industrial operators and engineering firms. By managing comprehensive quality assurance and quality control (QA/QC) programs, the firm supports the reliability of large-scale infrastructure and energy projects. Its international operational model allows for localized technical oversight in key global energy hubs and industrial manufacturing centers.

SOCOTECFRANCEIndustrial Services

SOCOTEC is a french leading global provider of Testing, Inspection, Certification, and Compliance (TICC) services for the building and infrastructure sectors.

SOCOTECFRANCEIndustrial Services

SOCOTEC is a french leading global provider of Testing, Inspection, Certification, and Compliance (TICC) services for the building and infrastructure sectors.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 500M - 1b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOCOTEC by CLAYTON, DUBILIER & RICE (CD&R) 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

Acquirer: clayton, dubilier & rice (cd&r)