UL - M&A Summary and Business Overview

Safety/securityCompany

UL M&A Summary

UL has acquired 26 companies, including 3 in the last 5 years. It has also divested 1 asset.

UL’s largest acquisition to date was in 2011, when it acquired STR Holdings - Quality Assurance Business for $275M. UL has acquired in 10 different US states, and 8 countries. The Company’s most targeted sectors include test/measurement equipment (31%) and software (27%).

UL Business Overview

Where is UL headquartered?

UL is headquartered in Northbrook, Illinois.

What sector is UL in?

UL is a safety/security company.

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity26
    • M&A Sell Activity1
  • Total Sectors Invested 9
  • Total Countries Invested 8
  • M&A Buy/Sell Connections 2

UL LLC (Underwriters Laboratories)

333 Pfingsten Road,
Northbrook, Illinois 60062-2096
United States,
(847) 272-8800
www.ul.com

UL is a global independent safety science company offering expertise across six key strategic businesses: Commercial & Industrial, Environment, Information & Insights, Life & Health, Consumer and Workplace Health & Safety. Our breadth, established objectivity and proven history mean we are a symbol of trust, enabling us to help provide peace of mind to all.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.6/yr) # 23 2 1 - - - 26
vol $275M $275M
Sell (0.0/yr) # 1 - - - - - 1
  27
+2502626.226.426.626.82725.625.827.227.40

Most Recent M&A

Company Date Value Type
KBW Corp. 2022-02-28 - Add-on Acquisition
Uiwang-si, South Korea · www.kbwlab.com
Method Park Holding AG 2021-07-20 - Add-on Acquisition
Erlangen, Germany · www.methodpark.com
Clear Sky Analytics 2021-05-17 - Add-on Acquisition
Los Altos, California · www.clearskyanalytics.com
HOMER Energy LLC 2019-12-17 - Add-on Acquisition
Boulder, Colorado · www.homerenergy.com
ChemADVISOR 2017-11-20 - Add-on Acquisition
Pittsburgh, Pennsylvania · www.chemadvisor.com
AE s.r.l. - Appliances Engineering 2017-08-28 - Add-on Acquisition
Varese, Italy · www.ae-online.it
Consumer Testing Laboratories, Inc. 2016-10-06 - Add-on Acquisition
West Palm Beach, Florida · www.consumertesting.com
AWS Truepower LLC 2016-09-27 - Add-on Acquisition
Albany, New York · www.awstruepower.com
Safeware Quasar Ltd. 2016-09-07 - Add-on Acquisition
Coalville, United Kingdom · www.safeware-int.com
cr360 Ltd. (CRedit360) 2016-02-02 - Add-on Acquisition
Cambridge, United Kingdom · www.cr360.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Test/Measurement Equipment 8 (31%) - - -
Software 7 (27%) - - -
Information Technology 4 (15%) - - -
Internet Software and Services 2 (8%) - - -
Business Services 1 (4%) - - -
Information Services 1 (4%) - - -
Manufacturing 1 (4%) 275M (100%) - -
Renewable Energy 1 (4%) - - -
Safety/Security 1 (4%) - - -
Life Science - - 1 (100%) -
Total 26 $275M 1 -

By Geo

State/Country Buy Value Sell Value
United States 15 275M 1 -
  California 3 - - -
  Pennsylvania 2 - - -
  New York 2 - - -
  Florida 2 - - -
  Wyoming 1 - - -
  Tennessee 1 - - -
  Michigan 1 - - -
  Kansas 1 - - -
  Connecticut 1 275M - -
  Colorado 1 - - -
  Indiana - - 1 -
United Kingdom 3 - - -
Germany 2 - - -
Italy 2 - - -
Finland 1 - - -
Ireland 1 - - -
New Zealand 1 - - -
South Korea 1 - - -
Domestic 15 (58%) 275M (100%) 1 (100%) -
Cross-border 11 (42%) - - -
Total 26 $275M 1 -

Deal Values

buy # Total
$100M to $1B 1 $275M
TOTAL $275M
Largest STR Holdings, Inc. - Quality Assurance Business
$275M (2011-08-16)

M&A Connections

Deals
Acquired from
Strategic(s)
4%
1 (4%)
Divested to
Strategic(s)
100%
1 (100%)

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