NMi Strengthens Certification Portfolio with ExVeritas Acquisition
Deal News | Nov 05, 2024 | Levine Leichtman Capital Partn
The Netherlands Measurement Institute (NMi), a portfolio company of Levine Leichtman Capital Partners (LLCP), has expanded its certification capabilities through the strategic acquisition of ExVeritas Ltd. ExVeritas, founded in 2005, is an internationally accredited certification body that provides essential certifications for OEM manufacturers to access both national and international markets. Additionally, ExVeritas offers certifications and training for personnel, systems, and sites from its facilities located in the UK, US, Denmark, Malta, and Ireland. Yvo Jansen, CEO of NMi Group, views this acquisition as a significant step in enhancing their market access services, which will now cover Metrology, Cybersecurity, and Product Safety. Josh Kaufman, Head of Europe at LLCP, expressed excitement over the acquisition, which marks the sixth acquisition by NMi under LLCP’s ownership, reiterating LLCP's commitment to support NMi's growth and ongoing acquisition strategy.
Sectors
- Certification and Compliance
- Private Equity
Geography
- Netherlands – Netherlands Measurement Institute (NMi) is based here, and it represents the primary location of the target acquisition.
- United Kingdom – ExVeritas, the company acquired by NMi, operates offices in the UK, making it a significant geographical component of the acquisition.
- United States – ExVeritas also operates offices in the US, expanding NMi's geographical footprint through this acquisition.
- Denmark – Part of ExVeritas's operations are based in Denmark, contributing to the geographical relevance of the acquisition.
Industry
- Certification and Compliance – The industry encompasses companies that provide certifications and compliance services to ensure product and safety standards are met across different markets. This is directly relevant as ExVeritas offers these services, and NMi aims to expand its capabilities in this area.
- Private Equity – The industry relates to investment firms that acquire companies to optimize their performance and value. Levine Leichtman Capital Partners is involved in this acquisition strategy supporting NMi's growth.
Financials
- – No specific financial details such as deal price or revenue were disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Netherlands Measurement Institute (NMi) | Acquiring Company | Company | A leading organization in certification and compliance services, NMi is expanding its capabilities through the acquisition of ExVeritas. |
| ExVeritas Ltd. | Target Company | Company | An internationally accredited certification body providing certifications and training for OEM manufacturers, with offices in the UK, US, and Denmark. |
| Levine Leichtman Capital Partners (LLCP) | Private Equity Firm | Company | A private equity firm backing the expansion and acquisition strategy of NMi, facilitating its growth in the certification sector. |
| Yvo Jansen | CEO of NMi Group | Person | CEO of Netherlands Measurement Institute, leading the strategic expansion through this acquisition. |
| Josh Kaufman | Head of Europe at LLCP | Person | A key executive at Levine Leichtman Capital Partners, involved in supporting NMi’s acquisition strategy. |