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03/2024

YORK ANALYTICAL LABORATORIES acquired by ALS

UNITED STATES Industrial Services / TIC (Testing, Inspection, Certification) REV 25M - 50M AUD

Context

ALS Limited has finalized the acquisition of York Analytical Laboratories, Inc., a maneuver designed to fundamentally accelerate the group’s expansion into the high-growth Northeast United States environmental testing market. The strategic rationale for this transaction centers on a "regional-scale" play, merging the target's technical leadership in emerging contaminants with the group’s extensive global infrastructure and institutional capital. This fusion effectively creates a specialized powerhouse in the US Northeast, providing the organization with the scientific talent and analytical equipment required to address the increasing complexity of PFAS contamination issues and major infrastructure programs.

YORK ANALYTICAL LABORATORIES, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

York Analytical Laboratories, Inc. operates as a premier technology organization dedicated to the engineering and distribution of industrial and environmental testing solutions. The entity’s business model is centered on a proprietary framework of comprehensive analyses for soil, air, and water, with a market-leading specialization in per- and polyfluoroalkyl substances (PFAS) and drinking water quality. Its value proposition is anchored in technical operational depth, providing environmental professionals with high-fidelity, client-centric data required for regulatory compliance and remediation projects. Strategically, the firm focuses on the deployment of advanced analytical hardware across a network of specialized facilities to ensure rapid, reliable results in highly regulated markets. By maintaining a specialized focus on technical leadership in emerging contaminants, the organization ensures a vital role in the structural advancement of public health and environmental safety.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (AUD)

Year
Rev
EBITDA
EBIT
2023
2022

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08/2023UL SOLUTIONSCERE (CERTIFICATION ENTITY FOR RENEWABLE ENERGIES)SPAINTIC (Testing, Inspection, Certification)
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REFERENCES

Revenue range: 25M - 50M AUD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of YORK ANALYTICAL LABORATORIES by ALS 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.