M&A Deal Summary

Opus Inspection Acquires Envirotest

On February 28, 2014, Opus Inspection acquired automotive company Envirotest for 90M USD

Acquisition Highlights
  • This is Opus Inspection’s 1st transaction in the Automotive sector.
  • This is Opus Inspection’s largest (disclosed) transaction.
  • This is Opus Inspection’s 1st transaction in the United States.
  • This is Opus Inspection’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2014-02-28
Target Envirotest
Sector Automotive
Buyer(s) Opus Inspection
Deal Type Add-on Acquisition
Deal Value 90M USD

Target

Envirotest

East Granby, Connecticut, United States
Envirotest Corp. is a provider in centralized vehicle emissions testing services and technology in North America. Envirotest operates seven centralized and decentralized vehicle emissions testing programs in the U.S. and Canada under its Envirotest brand.

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Buyer(S) 1

Buyer

Opus Inspection

East Granby, Connecticut, United States

Category Company
Founded 1974
Sector Automotive
DESCRIPTION

Opus Inspection, Inc. is a company in vehicle inspection technology and vehicle inspection program operations.


DEAL STATS #
Overall 1 of 3
Sector (Automotive) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Connecticut) 1 of 1
Country (United States) 1 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-24 Drew Technologies

Ann Arbor, Michigan, United States

Drew Technologies, Inc. is a manufacturer of vehicle communication and diagnostic equipment for the vehicle inspection and automotive service industry. Drew Tech offers tools used for vehicle development, engineering, data acquisition, end of line testing, factory diagnostics, and custom projects .

Buy $30M