M&A Deal Summary

SOCOTEC Acquires Ascaudit

On August 31, 2022, SOCOTEC acquired building materials company Ascaudit from Siparex

Acquisition Highlights
  • This is SOCOTEC’s 1st transaction in the Building Materials sector.
  • This is SOCOTEC’s 3rd transaction in France.

M&A Deal Summary

Date 2022-08-31
Target Ascaudit
Sector Building Materials
Buyer(s) SOCOTEC
Sellers(s) Siparex
Deal Type Add-on Acquisition

Target

Ascaudit

Saint Ouen, France
Ascaudit is a desktop study and specialized control on the technical equipment of buildings, independent of the lift manufacturers. Ascaudit was founded in 2005 and is based in Saint Ouen, France.

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Buyer(S) 1

Buyer

SOCOTEC

Guyancourt, France

Category Company
Founded 1953
Sector Business Services
DESCRIPTION

SOCOTEC is a provider of inspection and risk management services in the fields of quality, health, safety and environment. Socotec has gradually and successfully diversified its product offering and is today present in a wide range of TIC ('Testing, Inspection and Certification') segments, focussing on asset preservation: equipment inspection, real estate diagnostics and testing and inspection within the Energy sector (notably Nuclear and Oil & Gas). SOCOTEC was founded in 1953 and is based in Guyancourt, France.


DEAL STATS #
Overall 7 of 19
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 19
Country: France M&A 3 of 3
Year: 2022 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 Forge Engineering

Naples, Florida, United States

Forge Engineering is specializing in Forensics Engineering, Marine Engineering, Building Sciences Engineering, Geotechnical Engineering, Environmental Engineering, and Construction Materials Testing. Forge Engineering was founded in 1996 and is based in Naples, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Trinity|ERD

Seattle, Washington, United States

Trinity|ERD is an architecture and engineering company specializing in building envelope consulting, forensic investigation, and litigation support. Trinity|ERD was formed in 1986 and is based in Seattle, Washington.

Buy -

Seller(S) 1

SELLER

Siparex

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1977
PE ASSETS 4.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Siparex is a French private equity firm that looks to invest mezzanine or equity capital in companies at all stages of development. The Firm separates its investment activity into mid-market, mezzanine, and small-cap. Within mid-market, Siparex looks to invest €2.5 to €40 million in companies with at least €15 million in sales. Prospective transaction situations include buyouts, shareholder liquidity events, and growth capital financings. The Firm will consider all business sectors. Within its mezzanine group, Siparex looks to invest €2 to €10 million to support growth, acquisitions, refinancings, and restructurings. The small-cap group seeks investments starting at €300K in early-stage companies as well as those undergoing expansion or being sold. Siparex was formed in 1977 and is based in Paris.


DEAL STATS #
Overall 25 of 32
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
Country: France M&A 23 of 29
Year: 2022 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-26 Clayens Group

Genas, France

Clayens is a manufacturing company specializing in the transformation of high-performance polymers, composites, and precision metal components. The Company provides design, engineering, and production services for industries including automotive, aerospace, electrical, healthcare, and industrial equipment. Clayens Group was founded in 1931 and is based in Genas, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-08 Alpinstore

Sillingy, France

AlpinStore is an e-commerce platform that specialises in outdoor equipment, offering items for skiing, trail running, hiking and general outdoor adventure. Alpinstore was founded in 2013 and is based in Sillingy, France.

Buy -