{"id":5157,"date":"2026-10-05T08:20:30","date_gmt":"2026-10-05T08:20:30","guid":{"rendered":"https:\/\/aventis-advisors.com\/?p=5157"},"modified":"2026-10-22T17:40:42","modified_gmt":"2026-10-22T17:40:42","slug":"ma-branza-ticc-2026","status":"publish","type":"post","link":"https:\/\/aventis-advisors.com\/pl\/ma-branza-ticc-2026\/","title":{"rendered":"M&A w bran\u017cy TICC 2026: testowanie, inspekcja, certyfikacja i zgodno\u015b\u0107 z przepisami"},"content":{"rendered":"\n
Testing, inspection, certification and compliance (TICC) has become one of the most active corners of the M&A market. The services provided by TICC companies are essential for every industry you can imagine and for this reason, there is growing interest from private equity and corporate acquirers alike in this sector.<\/p>\n\n\n\n
In this article, we will dive deeper into the M&A activity and valuations of TICC companies over the last decade, find out how valuations of TICC businesses differ by regions, and who are the most active acquirers in TICC.<\/p>\n\n\n\n
This analysis is based on nearly 3,700 TICC M&A deals. Our methodology for collecting this data primarily includes Mergermarket, and is complemented by our own desk research and a review of annual reports of listed TICC companies to ensure we have the widest coverage of TICC M&A deals possible. We only consider majority TICC acquisitions in our analysis, i.e., deals where a minimum of 51% stake is acquired.<\/p>\n\n\n\n
Before we jump into the numbers, let’s recap what does a TICC business actually do. Put simply, TICC companies are responsible for testing and inspecting your business, and if all your activities comply with legal and regulatory standards, they will provide you with a certificate to continue your operations.<\/p>\n\n\n\n
TICC M&A Deal Volume<\/h2>\n\n\n\n
M&A activity in TICC has been on the rise. Deal activity in TICC doubled in the last decade from 216 deals in 2015 to 443 deals in 2025. If you look at the chart below, you will clearly see two distinct phases of M&A activity.<\/p>\n\n\n\n
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2015 and 2020<\/strong> period<\/strong>: TICC M&A activity was roughly steady in this period between 200-300 deals a year. <\/li>\n\n\n\n
After 2020<\/strong>: TICC M&A activity stepped up sharply, and the main driver was the rise of private equity deals. PE sponsors were attracted by what TICC offered, i.e., recurring, regulation-driven revenue, a largely asset-light business model (except for laboratory networks), and a fragmented market in many countries full of small, founder-owned labs that suit buy-and-build strategies. Plenty of uninvested PE capital and cheap financing in 2020 and 2021 added fuel to M&A activity.<\/li>\n<\/ul>\n\n\n\n
TICC M&A: Number of control deals, 2015 – Sep 2026<\/p>