M&A Deal Summary

Bureau Veritas Acquires Owen Group

On March 18, 2019, Bureau Veritas acquired engineering company Owen Group

Acquisition Highlights
  • This is Bureau Veritas’ 1st transaction in the Engineering sector.
  • This is Bureau Veritas’ 11th transaction in the United States.
  • This is Bureau Veritas’ 4th transaction in California.

M&A Deal Summary
Date 2019-03-18
Target Owen Group
Sector Engineering
Buyer(s) Bureau Veritas
Deal Type Add-on Acquisition

Target

Owen Group

Los Angeles, California, United States
Owen Group provides buildings and infrastructure asset management and project compliance services including ADA accessibility compliance, deferred maintenance compliance, commissioning, and code compliance. Owen Group was founded in 1981 and headquartered in Irvine, California.

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Buyer(S) 1

Buyer

Bureau Veritas

Neuilly-sur-Seine, France
Category Company
Founded 1828
Sector Business Services
Employees77,722
Revenue 5.9B EUR (2023)
DESCRIPTION

Bureau Veritas is delivering high quality services to help clients meet the growing challenges of quality, safety, environmental protection and social responsibility. Bureau Veritas was founded in 1828 and is based in Neuilly-sur-Seine, France.

DEAL STATS #
Overall 62 of 79
Sector (Engineering) 1 of 2
Type (Add-on Acquisition) 60 of 76
State (California) 4 of 5
Country (United States) 11 of 19
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-06 McKenzie Group Pty

Sydney, Australia

McKenzie Group offers a suite of integrated compliance based services including building certification, compliance audits and consulting, and accessibility assessment to key building construction companies and project developers in the public and private sectors. The company has a track-record encompassing significant and diversified construction projects for commercial, residential and institutional buildings as well as transport and infrastructure projects. McKenzie is also present in Brisbane, Melbourne and Gold Coast, three other major cities in Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Bureau Veritas SA - HSE Consulting

Neuilly-sur-Seine, France

Bureau Veritas SA - HSE Consulting business is a provider of health, safety and environmental services in North America. . The HSE Consulting business unit in North America generated c. $30 million in revenues in 2018 and is served by approximately 170 employees.

Sell -
Mergr

Product

Company

Legal