Signs of continued strength within the TIC sector

TIC Spot On

Thanks to notable diversity by offering services across a range of industries and a recent commitment to digitalization, the TIC sector has performed well during the COVID-19 pandemic compared to some other markets. Oaklins’ TIC specialist Arjen Kostelijk considers these trends and how they have also had a positive effect on acquisitions in our latest Spot On.

The number of TIC deals continues to thrive in 2021, and high valuations are not an exception. We see that many trade buyers are looking to acquire companies which are able to support the digitalization of their services and solutions. ARJEN KOSTELIJK, TIC SPECIALIST, OAKLINS

The number of TIC deals continues to thrive in 2021, and high valuations are not an exception. We see that many trade buyers are looking to acquire companies which are able to support the digitalization of their services and solutions.

In addition, we provide a detailed summary of relevant transactions, both strategic and private equity deals, in the TIC sector between January and May of this year, focusing on three specific areas: food and environmental; building, industrial and products; and healthcare.

The report also includes a case study that outlines the acquisition of Insite Security by Eurofins, a move that has enabled the latter to strengthen its cybersecurity portfolio, and a brief look at market multiples and valuation trends.