KBS - Testing, Inspection, Certification & Compliance - Market Insight

SECTOR DEAL ACTIVITY

IASME CONSORTIUM ACQUIRED BY PHENNA GROUP

KBS DEAL

Phenna Group partners with selected niche, independent TICC companies that serve a variety of sectors, and made a multi-million pound investment into IASME, which helps businesses improve their cyber security, risk management and governance through an effective and accessible range of certification schemes.

Dr Emma Philpott, CEO of IASME, commented: “The shareholders were very happy with the overall deal KBS delivered and we could not recommend them highly enough.”

ECAS, headquartered in Birmingham and an industry leader in environmental compliance, with an award-winning programme that ensures food service establishments dispose of fats, oils and grease responsibly and sustainably, was another acquisition by Phenna. ENVIRONMENTAL COMPLIANCE AND SERVICES (ECAS) ACQUIRED BY PHENNA GROUP

MTL PROJECTS ACQUIRED BY NORMEC

KBS DEAL

Founded as Mark Thompson Lifesciences (MTL), the County Durham-based company was sold to TICC leader Normec. Mark Thompson posted an online review in which he wrote that KBS “were professional and value-adding from the beginning, good to deal with and highly responsive throughout – would highly recommend”.

BASEC, an independent accredited certification body for the electrical cable industry worldwide, was acquired by Kiwa UK, a global supplier of TICC services in a wide variety of international markets. BASEC GROUP ACQUIRED BY KIWA

VISION SURVEY ACQUIRED BY CELNOR GROUP

KBS DEAL

Vision Survey, which provides a range of compliance services including utility scanning, GPR (ground penetrating radar) and permit-to-dig applications for civil engineers and constructors, was sold to TICC specialist Celnor Group, a provider of critical data, consulting and insight for compliance, safety and sustainability.

UKPNS secured a 70-asset solar, wind and hydro portfolio spread across the North West of England in a deal valued at just under £91m. UU SOLAR ACQUIRED BY UK POWER NETWORKS SERVICES (UKPNS)