M&A Deal Summary

Bureau Veritas Acquires Summit Inspection Services

On June 1, 2016, Bureau Veritas acquired business services company Summit Inspection Services

Acquisition Highlights
  • This is Bureau Veritas’ 49th transaction in the Business Services sector.
  • This is Bureau Veritas’ 7th transaction in the United States.
  • This is Bureau Veritas’ 2nd transaction in California.

M&A Deal Summary
Date 2016-06-01
Target Summit Inspection Services
Sector Business Services
Buyer(s) Bureau Veritas
Deal Type Add-on Acquisition

Target

Summit Inspection Services

San Jose, California, United States
Summit Inspection Services, Inc. is a US company specializing in fugitive emissions inspection services for the OPEX petrochemical industry. Summit Inspection Services has been providing expertise and support to the refining, chemical and pharmaceutical industries since 1998. It primarily provides fugitive emissions inspection and inventory services, Leak Detection and Repair (LDAR), and environmental compliance auditing and training. The company uses the latest testing technologies including thermal infrared cameras and software tools to perform high quality LDAR inspections. It has extensive experience, having carried out over 30 million inspections at more than 70 industrial facilities. Headquartered in San Jose, California, Summit Inspection Services has several other regional offices in California, as well as in Louisiana and Texas.

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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 52 of 79
Sector (Business Services) 49 of 65
Type (Add-on Acquisition) 51 of 76
State (California) 2 of 5
Country (United States) 7 of 19
Year (2016) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-04 TMC

London, United Kingdom

TMC (Marine Consultants) Ltd. is a provider of pre and post casualty advice and support to the marine industry since 1979. The business focuses on marine claims and accident investigations, salvage and wreck removal consultancy and marine expert witness services for a client base that spans P&I clubs, law firms, marine insurers, salvage companies and ship owners. Headquartered in London, TMC has a network of offices in the US, China, Singapore and Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-21 Kuhlmann Monitoramento Agrícola

Pinhais, Brazil

Kuhlmann Monitoramento Agrícola Ltda is a Brazilian company specialized in monitoring and auditing services for the agri-food sector. KMA, in operation since 2005, is the Brazilian leader in agricultural monitoring, cotton testing and biotechnology auditing of seeds. Headquartered in Pinhais, Paraná, in the south of the country, the company is also present in Brazil’s main agricultural production regions and has two laboratories. Its client portfolio includes the major global groups in the agri-food and chemical sectors.

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