M&A Deal Summary

Rina Acquires Patrick Engineering

On January 23, 2023, Rina acquired engineering company Patrick Engineering

Acquisition Highlights
  • This is Rina’s 1st transaction in the Engineering sector.
  • This is Rina’s 2nd transaction in the United States.
  • This is Rina’s 1st transaction in Illinois.

M&A Deal Summary
Date 2023-01-23
Target Patrick Engineering
Sector Engineering
Buyer(s) Rina
Deal Type Add-on Acquisition

Target

Patrick Engineering

Lisle, Illinois, United States
website
Patrick Engineering is an engineering consultancy company active in Infrastructure, Transport and Renewable Energy. Patrick Engineering was founded in 1979 and is based in Lisle, Illinois.

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Buyer(S) 1

Buyer

Rina

Genova, Italy

website

Category Company
Founded 1861
Sector Business Services
Revenue 725M EUR (2022)
DESCRIPTION

Rina is a provider of of ships classification, certification, verification of conformity, inspection and testing. Rina was founded in 1861 and is based in Genova, Italy.

DEAL STATS #
Overall 4 of 4
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-24 Edif Group Management

Leatherhead, United Kingdom

Edif Group Management Ltd. is a provider of a diverse range of testing and inspection services for large, industrial clients. Edif’s services reduce risk, optimise performance and enhance the capability of its clients. Signum Technology is based in Leatherhead, United Kingdom.

Buy £119M
Mergr

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