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Unquote
  • Expansion

Omers-backed Trescal makes two overseas bolt-ons

  • Greg Gille
  • Greg Gille
  • @unquotenews
  • 07 December 2018
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Trescal, a French calibration specialist backed by Omers Private Equity, has acquired peers MATSolutions in the US and NorthLab in Asia.

The deals are the fifth and sixth acquisitions carried out with the support of Omers since the firm bought Trescal from Ardian in late 2017, then valued at approximately €670m.

Omers stated at the time of the acquisition that it would support the management and employees through further development of the company's service capability and through acquisitions.

MATSolutions; NorthLab

  • DEAL:

    Acquisition finance

  • LOCATION:

    US; Asia

  • SECTOR:

    Business support services

  • FOUNDED:

    1992; 1996

  • TURNOVER:

    $6.5m; €4m (2017)

  • STAFF:

    24; 90

Company
Founded in 1992, MATSolutions is an accredited calibration laboratory able to handle a variety of measurement equipment (including electrical, mechanical, optical and physical instruments). The company also provides secondhand test and measurement equipment. It employs 24 people and posted a $6.5m turnover in 2017. It is based in Dallas, Texas.

Founded in 1996, NorthLab is a calibration service with a presence in Singapore and Malaysia. The laboratories are used by customers in the oil & gas, shipyard and aerospace industries. The group employs 90 people and reached a turnover of €4m in 2017.

People
Trescal – Guillaume Caroit (deputy CEO).

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