M&A Deal Summary

Intertek Acquires PARC Technical Services

On August 3, 2005, Intertek acquired test/measurement equipment company PARC Technical Services for 7M USD

Acquisition Highlights
  • This is Intertek’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Intertek’s 25th largest (disclosed) transaction.
  • This is Intertek’s 2nd transaction in the United States.
  • This is Intertek’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2005-08-03
Target PARC Technical Services
Sector Test/Measurement Equipment
Buyer(s) Intertek
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

PARC Technical Services

Pittsburgh, Pennsylvania, United States
PARC Technical Services, Inc. is a petroleum and chemical process and automotive engine testing services company. PARC operates pilot plants that simulate oil refineries, automotive test engines for the performance testing of oils and lubricants and other specialised services for the petroleum, synthetic fuels, chemical and catalyst industries. PARC brings new specialist technology to Caleb Brett that complements the existing outsourcing strategy and Caleb Brett will provide PARC with the resources and global infrastructure to grow internationally.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 4 of 91
Sector (Test/Measurement Equipment) 2 of 28
Type (Add-on Acquisition) 4 of 73
State (Pennsylvania) 1 of 3
Country (United States) 2 of 29
Year (2005) 1 of 7
Size (of disclosed) 25 of 45
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-10 Entela

Grand Rapids, Michigan, United States

Entela, Inc. is a automotive testing, product certification and systems registration company with an extensive range of industry accreditations. Its strength in the automotive market, both in electrical and electronic automotive parts testing.

Buy $27M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-07 Westport Technology Center

Houston, Texas, United States

Westport, based in Houston, Texas, provides high end exploration and production laboratory services including consulting and project management. The assets include specialised laboratory equipment and land and buildings.

Buy $9M
Mergr

Product

Company

Legal