Ekoscan: Leading NDT Innovator Joins Forces with Eurazeo
Deal News | Apr 10, 2025 | Eurazeo
Eurazeo has announced an investment in Ekoscan Integrity Group (EIG), a prominent global provider of advanced non-destructive testing (NDT) solutions used for critical industrial applications and infrastructure. The investment was made through Eurazeo’s Small-mid buyout team and marks the tenth investment for its Eurazeo PME IV fund, indicating the strength of its strategy in supporting the international growth of European mid-market technology and service leaders. Founded in 2015 and headquartered in France, Ekoscan Integrity provides sophisticated ultrasonic technology solutions for over 250 major clients—including nuclear power plants, oil pipelines, and railways—in more than 50 countries. The transaction involves key industrial partners such as Fonds France Nuclaire 2, managed by Siparex and supported by EDF, as well as ALIAD (Air Liquide Venture Capital), underscoring the strategic importance of Ekoscan in the nuclear sector. The investment aims to accelerate Ekoscan's international expansion, technological innovation, and its commitment to non-destructive testing, thereby enhancing the capability to maintain and protect critical infrastructure globally.
Sectors
- Non-Destructive Testing (NDT)
- Private Equity
- Nuclear Energy
- Venture Capital
Geography
- France – Ekoscan Integrity is headquartered in France, and the investment involves several French entities, including Fonds France Nuclaire 2.
- Global – Ekoscan operates in over 50 countries, and the investment focuses on international expansion, indicating a global geographical relevance.
Industry
- Non-Destructive Testing (NDT) – This industry is relevant as Ekoscan Integrity specializes in providing advanced NDT solutions, crucial for industrial applications and infrastructure management.
- Private Equity – Eurazeo's investment strategy and execution highlight its role in the private equity sector, supporting Ekoscan's growth.
- Nuclear Energy – The involvement of Fonds France Nuclaire 2, supported by EDF, indicates relevance to the nuclear energy sector where Ekoscan's solutions are applied.
- Venture Capital – ALIAD's role as a reinvesting institutional shareholder aligns with activities seen in venture capital investments.
Financials
- Not disclosed – The specific financial details of Eurazeo's investment in Ekoscan were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ekoscan Integrity Group (EIG) | Target Company | Company | A leading provider of advanced non-destructive testing solutions for industrial applications. |
| Eurazeo | Investor | Company | A private equity firm investing in Ekoscan to support its international expansion and growth. |
| Hugo Cence | Founder | Person | Founder of Ekoscan Integrity Group, involved in the management team. |
| Fonds France Nuclaire 2 | Investor | Company | Managed by Siparex and supported by EDF, investing in mission-critical companies in the nuclear value chain. |
| ALIAD (Air Liquide Venture Capital) | Investor | Company | An institutional shareholder reinvesting in Ekoscan. |
| EDF | Sponsor | Company | Major energy company and key sponsor of Fonds France Nuclaire 2. |