M&A Deal Summary

Intertek Acquires Etec Labs

On October 11, 2013, Intertek acquired technology hardware company Etec Labs

Acquisition Highlights
  • This is Intertek’s 1st transaction in the Technology Hardware sector.
  • This is Intertek’s 22nd transaction in the United States.
  • This is Intertek’s 1st transaction in Arizona.

M&A Deal Summary
Date 2013-10-11
Target Etec Labs
Sector Technology Hardware
Buyer(s) Intertek
Deal Type Add-on Acquisition

Target

Etec Labs

Phoenix, Arizona, United States
ETEC LABS has a staff of fewer than 20 employees who provide long-term on-road performance testing of advanced vehicle technologies to help clients monitor fleet vehicles powered by fuel cells, internal combustion engines and other energy-enabling engines and motors. ETEC also conducts data analysis to assess the interaction between infrastructure, vehicles and the electric grid.

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Buyer(S) 1

Buyer

Intertek

London, United Kingdom
Category Company
Founded 1885
Sector Business Services
Employees43,597
Revenue 3.3B GBP (2023)
DESCRIPTION

Intertek provides global testing, inspection, and certification services. The Company provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations. Intertek was founded in 1885 and is based in London, England.

DEAL STATS #
Overall 69 of 91
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 55 of 73
State (Arizona) 1 of 1
Country (United States) 22 of 29
Year (2013) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-03 Global X-Ray & Testing

Houma, Louisiana, United States

Global X-Ray is a specialized provider of quantitative non-destructive testing and evaluation solutions for the major oil and gas companies in the Gulf of Mexico and other key domestic energy markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-26 Architectural Testing

Pittsburgh, Pennsylvania, United States

Architectural Testing, Inc. is a provider of performance testing, certification services and related professional services to the building products industry in the United States.

Buy £59M
Mergr

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