3i agrees sale of Inspecta to ACTA*
London based international investment manager, 3i Group plc (“3i”) has agreed the sale of Helsinki-headquartered Inspecta Group (“the Company”) to Netherlands-based ACTA*. ACTA* is the Dutch Holding company of Kiwa and Shield Group International.
The transaction remains conditional upon approval by the relevant Competition Authorities, but is expected to complete in May 2015.
3i, and funds managed by 3i, invested in Inspecta in 2007. Since then, the Company has increased its revenues by more than 50% and has grown its footprint to 8 countries, thereby becoming the leading Nordic player in the Testing, Inspection and Certification (“TIC”) industry.
Joining forces with ACTA* will enable Inspecta to further develop into a pan-European TIC leader.
-Ends-
For further information, contact:
3i Group plc
Kathryn van der Kroft
Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com
Latika Shah
Tel: +44 20 7975 3157
Email: latika.shah@3i.com
ACTA*
George Mentjox
Tel : +31 6 5331 5701
Email : gm@kiwa.nl
About 3i Group
3i is a leading international investment manager focused on mid-market Private Equity, Infrastructure and Debt Management across Europe, North America and Asia. For further information, please visit: www.3i.com
Regulatory information
This transaction involved a recommendation of 3i Investments plc, advised by 3i Sweden.