Advancy is proud to have supported Triton Partners as it enters exclusive negotiations to acquire Bureau Veritas’ Oil & Petrochemicals and Coal testing and inspection business.

This strategic carve-out marks a major milestone in the global Testing, Inspection, and Certification (TIC) market, setting the stage for accelerated growth and operational transformation.

Strategic Support for a High-Stakes Transaction

Carve-out operations of this scale require precise sector analysis and rigorous operational planning.

Key Transaction Highlights:

• Transaction Value: €470M Enterprise Value (11.1x EV/EBIT 2025)

• Global Reach: 320 sites across 45 countries serving over 8,000 clients

• Target Closing: Q1 2027, subject to regulatory approvals

Unlocking Value as an Independent Platform

For Bureau Veritas, the sale aligns with its LEAP | 28 strategic plan to optimize its portfolio toward higher-margin activities. Under Triton’s future ownership, the business will operate as a standalone market leader, well-positioned to capitalize on expanding global energy flows and evolving fuel testing standards.

Congratulations to all teams involved for driving these negotiations forward. We look forward to following the next steps of this strategic transformation!

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