OC&C advises Applus+ on its acquisition of Reliable AnalysisTuesday 13 October 2020 | News
We are pleased to congratulate Applus+ on their acquisition of Reliable Analysis. Applus+ is one of the global leaders in testing, inspection and certification (TIC) and has acquired Reliable Analysis from the founding family for c.€67 million.
Reliable Analysis is a laboratory-based materials, component, electrical and electromagnetic compatibility (EMC) testing company with a strong presence in China and the United States. Reliable Analysis will become part of the Applus+ Laboratories division, significantly increasing its scope as service provider for the electric vehicle industry providing access to China, the largest electric vehicle market in the world.
Applus+ is headquartered in Spain, operates in more than 70 countries and employs over 23,000 people. It is a global leader in the testing, inspection and certification sector, providing solutions for customers including aerospace, automotive, electronics, information technology and construction.
OC&C are delighted to have supported Applus+ with this strategic acquisition. OC&C is the world leader in providing transaction and strategy advice in the TIC sector. We bring unparalleled experience in working with testing, inspection and certification executives and investors with hundreds of engagements over the past 10 years. We are also able to bring the depth of insight from all of our client sectors to support TIC companies in better serving their clients across these sectors, and have a unique understanding of the end-customer for these products and services. Additionally, with thousands of engagements with private equity we have a laser-focus on creating and realizing value for investors in this space.
For more details on this transaction or OC&C's broader experience in this space, please contact Bennet Summers or Matt Fish.