Insights

Our research looks at the valuations of testing, inspection, and certification (TIC) companies and why TIC is poised for increased M&A activity

In this article, we will dive deeper into the M&A activity and valuations of TICC companies over the last decade

A 2019-2025 data review of the ten largest TIC and TICC companies

The ten largest TIC companies by revenue, from SGS, Eurofins and Bureau Veritas to ALS, with close to USD 50 billion of combined revenue. How listed players are valued, their margins and what it means for M&A.

The global TIC industry, valued at more than $200 billion, underpins international trade by ensuring compliance with quality and safety standards. It is evolving rapidly, driven by technological advancements and rising sustainability demands.