Select TICC M&A Transactions


EN Engineering Acquires Kestrel Power Engineering

  • Kestrel Power Engineering is a leading provider of specialized consulting services to the North American electric power generation market.
  • EN Engineering is currently a portfolio company of Kohlberg & Co.

Versa Integrity Acquires Element Integrity Group

  • Element Integrity Group is a leading provider of mechanical integrity and non-destructive testing services to the petrochemical industry.
  • Versa Integrity is currently a portfolio company of Dorilton Capital.

Valence Surface Technologies Acquires Fountain Plating

  • Fountain Plating is a leading provider of NDT, chemical processing, specialized plating, and spray coatings to the aerospace and defense industry.
  • Valence Surface Technologies is currently a portfolio company of ATL Partners.

Eddyfi NDT Acquires Halfwave

  • Halfwave is a Norway based provider of pipeline and subsea inspection services. Halfwave was formerly a portfolio company of EV Private Equity.
  • Eddyfi NDT is currently a portfolio company of Caisse de Dépôt et Placement du Québec and Novacap Investments.

Alliance Source Testing Acquires METCO Environmental

  • METCO Environmental is a leading provider of source emissions testing services to customers primarily across the Texas and Gulf Coast regions. METCO Environmental was formerly owned by Eurofins’ Test America platform.
  • Alliance Source Testing is currently a portfolio company of Align Capital Partners.

Eddyfi NDT Acquires NDT Global

  • NDT Global is a Germany based provider of ultrasonic pipeline inspection and data analysis services for onshore and offshore pipelines.
  • Eddyfi NDT is currently a portfolio company of Caisse de Dépôt et Placement du Québec and Novacap Investments.

ERI Solutions Acquires BLOC Environmental Solutions

  • BLOC Environmental Solutions is a leading provider of provider of health, safety, and environmental compliance services to ensure compliance with state and federal requirements.
  • ERI Solutions is currently a portfolio company of Spire Capital.

TICC Public Company Valuations1


TICC Public Company Benchmarking1


Recent Update: North American Testing, Inspection, Certification & Compliance

Companies in the TICC sector provide a wide range of essential services, from auditing and inspection to testing, verification, quality assurance and certification. The segment is broad and diverse, spanning virtually every industry, which presents a host of opportunities for potential investors.

The growth of the $60 billion TICC sector will be fueled by an increasing focus among businesses and government agencies on ensuring that everything consumers use—from critical infrastructure and industrial processes to food and electronic devices—meets required standards and regulations in terms of quality, health and safety, environmental protection, and social responsibility.

In this new report, Harris Williams provides an overview of the North American TICC sector, a view of the current market landscape and its ongoing evolution, and key considerations for strategic buyers and financial investors.

Opportunities in Testing, Inspection, Certification & Compliance

  • Key North American TICC market segments—key services, size, growth drivers and outlook
  • Addressable market size, growth drivers and outlook
  • Recent trends in M&A focus for strategic buyers and financial investors
  • Segment taxonomy and M&A history
  • Public and private companies in market landscape


For more insights from the EPI Group, click  here .

Harris Williams Overview

Global Advisory Platform

  • Founded in 1991
  • 350+ professionals across eight offices globally
  • 170+ closed transactions in the last 24 months
  • 10 dedicated industry groups


HW Testing, Inspection, Certification & Compliance Sector Focus Areas

Buildings & Infrastructure

  • Design Review
  • Commercial, Residential and Civil Inspection
  • Project and Construction Management
  • Construction Materials Testing
  • Structure Integrity Analysis


  • Product Failure Analysis
  • Environmental Impact Testing
  • Consumer Products Testing
  • Trade Certification and Auditing
  • Expert Witness Services

Energy / Oil & Gas

  • Oil, Fuel, Liquids and Chain of Custody Testing
  • Energy Infrastructure Inspection and Testing
  • Integrity Management
  • Corrosion Monitoring
  • Production Analytics and Measurement


  • Stormwater Management
  • Emissions Monitoring and Testing
  • Soil, Water and Air Testing
  • Environmental Consulting
  • Industrial Hygiene

Food & Agriculture

  • Pesticide, Soil and Seed/Crop Testing
  • FDA Audit and Compliance
  • Chemical and Nutritional Testing
  • Food Production Assessments
  • Food Contaminant Testing

Life Sciences

  • Pharmaceuticals Testing
  • Medical Device Testing
  • Ecological Toxicology
  • Residue and Analytical Chemistry
  • Soil, Plant and Animal Metabolism

Power & Utilities

  • T&D Inspection and Testing
  • Electrical Inspection and Testing
  • Renewables Testing and Inspection
  • In-Plant Inspection
  • Reliability Services

Transportation & Aerospace

  • Supplier and Supply Chain Audits
  • Third-Party Assessments
  • Performance Management Services
  • Aerospace and Automotive Parts Testing
  • Manufacturing Inspection

Select Recent HW TICC Transactions 


Select HW TICC Transactions


1. CapIQ


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