Deal Details
Certrec Is Acquired by Mirion
Summary
Crimson Engineered Solutions, LLC (d/b/a Certrec Corporation) (“Certrec”) has recently announced its acquisition by Mirion Technologies, Inc. (“Mirion”) (NYSE: MIR).
Baird served as the exclusive financial advisor to Certrec on this transaction.
About
Certrec’s solutions help ensure a stable, reliable, bulk electric supply. Since 1988, Certrec’s innovation combined with industry expertise has helped hundreds of power-generating facilities manage their regulatory compliance with both the Nuclear Regulatory Commission (NRC) and North American Electric Reliability Corporation (NERC) and reduce their risks. Areas of expertise include providing software solutions and services to support licensing, regulatory affairs, compliance, training and operations, for conventional and advanced nuclear reactors, fossil, solar, wind facilities and other types of generating assets. Today, every US nuclear reactor facility employs Certrec solutions, and more than 80 entities in the US, Canada and Mexico rely upon Certrec NERC compliance services to decrease regulatory and reputational risk. Certrec will join the Mirion Nuclear & Safety group. The Company is ISO/IEC 27001:2022 certified and has successfully completed annual SOC 2 Type 2 examinations. Certrec is headquartered in Fort Worth, Texas.Mirion is a global leader in radiation safety, science and medicine, empowering innovations that deliver vital protection while harnessing the transformative potential of ionizing radiation across a diversity of end markets. The Mirion Nuclear & Safety group provides proven radiation safety technologies that operate with precision – for essential work within R&D labs, critical nuclear facilities and on the front lines. The Mirion Medical group solutions help enhance the delivery and ensure safety in healthcare, powering the fields of Nuclear Medicine, Radiation Therapy QA, Occupational Dosimetry and Diagnostic Imaging. Mirion employs approximately 2,800 people and operates in 12 countries. Mirion is headquartered in Atlanta, Georgia.
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- Date
- August 2025
- Company
- Crimson Engineered Solutions, LLC (d/b/a Certrec Corporation)
- Transaction
- M&A - Sellside
- Sectors
- Technology & Services
- Verticals
-
Facility, Industrial, Residential & Environmental Services
Software
- Target Geography
- North America
- Acquiror Geography
- North America
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