TICC market on the rise: the upward trend continues

TICC Spot On

While global M&A activity has taken a downturn in recent times, with a decline in the number of transactions at the start of the year despite signs of recovery, the testing, inspection, certification and compliance (TICC) sector has been enjoying a thriving time in terms of deals and valuations.

The TICC market is in motion. Consolidators are making their move and private equity is also highly active, both on the buy- and sell-side. Furthermore, we expect significant M&A activity for the remainder of 2024, considering the propositions that are currently in the market and those expected to come. ARJEN KOSTELIJK, TICC SPECIALIST, OAKLINS

In our latest TICC Spot On, we look at some of the features of this upward trend, such as the key role of PE-backed consolidators such as Certania and the significance of the safety and health of buildings subsector.

We also provide an overview of recent transactions from around the world for the first five months of 2024, and showcase two European deals where Oaklins acted as buy-side advisor. The report also includes market multiples for listed TICC companies and valuation trends from the past year.

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