M&A Deal Summary

Mirion Acquires Certrec

On July 31, 2025, Mirion acquired utilities company Certrec for 81M USD

Acquisition Highlights
  • This is Mirion’s 1st transaction in the Utilities sector.
  • This is Mirion’s 2nd largest (disclosed) transaction.
  • This is Mirion’s 10th transaction in the United States.
  • This is Mirion’s 2nd transaction in Texas.

M&A Deal Summary

Date 2025-07-31
Target Certrec
Sector Utilities
Buyer(s) Mirion
Deal Type Add-on Acquisition
Deal Value 81M USD

Target

Certrec

Fort Worth, Texas, United States
Certrec is an energy regulatory compliance SaaS and services provider with more than 1,500 cumulative years of engineering and audit experience with the Nuclear Regulatory Commission (NRC), the Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and other regulatory compliance agencies. Certrec was formed in 1988 and is headquartered in Fort Worth, Texas.

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Buyer(S) 1

Buyer

Mirion

Atlanta, Georgia, United States

Category Company
Founded 2005
Sector Test/Measurement Equipment
Employees2,860
Revenue 861M USD (2024)
DESCRIPTION

Mirion is a provider of radiation detection, measurement, analysis, and monitoring products and services to the nuclear power, medical, military, and homeland security markets. Mirion Technologies was founded in 2005 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 14 of 15
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 9
State: Texas M&A 2 of 3
Country: United States M&A 10 of 11
Year: 2025 M&A 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 Collins Aerospace - Critical Infrastructure Business

Carrolton, Texas, United States

Collins Aerospace's Critical Infrastructure Business specializes in command-and-control software solutions for nuclear power plants and government facilities to protect their systems against cybersecurity threats or compromises. Collins Aerospace's Critical Infrastructure Business is based in Carrolton, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-24 Paragon

Fort Worth, Texas, United States

Paragon is a critical parts and services provider to the nuclear power industry, helping to advance zero carbon energy. The Company serves both large nuclear utility power plants and next generation advanced Small Modular Reactors (SMRs). Paragon was formed in 2000 and is based in Fort Worth, Texas.

Buy $585M