Robust due diligence supports Certek’s rapid expansion.
Robust due diligence supports Certek’s rapid expansion.
Background
Certek, headquartered in London, UK, is an independent specialist testing, inspection, certification and compliance (TICC) services company that delivers a range of mission critical compliance services to an international client base. Certek comprises over 1,000 people who have technical expertise across health and materials sciences, built environment, asset integrity and inspection and governance, risk and compliance.
Action
Our Transaction Services team provided vendor financial due diligence to support Certek in securing an additional £170 million funding package from Macquarie Capital, strengthening the group’s platform for international expansion and M&A across the TICC market.
FRP was appointed to deliver a focused vendor due diligence (VDD) exercise to support Certek’s refinancing. Led by Partner Daniel Jonas and Director Max Whitehead, and supported by James Sandilands and Vaishali Bhojwani, our team prepared a lenderready VDD report and provided handson assistance through the financing process, giving stakeholders clear, datadriven insights into trading performance, cash generation, and the scalability of Certek’s operating model.
Outcome
The new £170m facility will enable Certek to accelerate growth and acquisitions in the TICC sector, invest behind strategic initiatives and Capex, and deploy new technologies to support recent customer wins and expand service lines. The financing further cements Certek’s ability to scale its specialist offering and pursue consolidation opportunities in attractive, regulated end markets.
Certek is delivering impressive, rapid growth as an emerging consolidator in the TICC sector – a market that continues to see sustained M&A activity. This transaction highlights our strength in delivering robust, purpose‑focused and insight‑driven due diligence for mid‑market investors.
Certek is delivering impressive, rapid growth as an emerging consolidator in the TICC sector – a market that continues to see sustained M&A activity. This transaction highlights our strength in delivering robust, purpose‑focused and insight‑driven due diligence for mid‑market investors.