Deal Details
Sale to Bureau Veritas SA
Summary
Baird served as the exclusive financial advisor to Maxxam Analytics International Corporation
About
Maxxam Analytics International Corporation (“Maxxam”), a portfolio company of OMERS Private Equity Inc. (“OPE”), was recently acquired by Bureau Veritas SA (“Bureau Veritas”) for CAD$650 million (approximately $585 USD).Maxxam is a leader in analytical services and solutions to the energy, environmental, food and DNA industries. Energy solutions include analysis of natural gas, crude oil, diesel fuel and numerous other oil products. Environmental services cover soil and waste analysis, water quality, ultra-trace contaminant analysis and environmental toxicity evaluations necessary for construction projects and oil infrastructure. Food safety and DNA / forensics services concern the quality of food, identification of microbes, nutritional labeling, drug residue testing, environmental pollutants and DNA testing helping to identify the biological characteristics of people and animals. Maxxam processes approximately 2.5 million samples and generates in excess of 41 million results annually through Canada’s only national network of laboratories. Maxxam is headquartered in Mississauga, Canada.
OMERS Private Equity Inc. is the private equity investment arm of the OMERS Worldwide group of companies. OPE manages the private equity activities of the OMERS pension plan. The group's investment strategy includes the active ownership of businesses in North America and Europe. OPE is headquartered in Toronto, Canada, with offices in London and New York.
Bureau Veritas is a world leader in conformity assessment and certification services. Bureau Veritas helps its clients to improve their performances by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility. Bureau Veritas is headquartered in Neuilly-sur-Seine, France.
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- Date
- January 2014
- Company
- Maxxam Analytics International Corporation
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- Europe
- Acquiror Geography
- Europe
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