Experience

INFRASTRUCTURE ENGINEERING SERVICES TRANSACTION

Integris Partners recently advised APTECH Engineering Services, Inc. of Sunnyvale, CA on its sale to Intertek Group plc (LSE: ITRK), which closed in February 2009.

“Integris Partners worked with us over many months to enhance the value of our business and to prepare us for the rigors of a controlled-auction process. They garnered strong interest from potential acquirers around the world and helped us to achieve full value for our unique market position and experience in asset integrity management, facility design review, and forensic engineering assignments for the energy industry,” said Geoff Egan, Chairman of APTECH. “We secured the right new ownership that understands our business and is committed to our growth.”

APTECH is an internationally recognized engineering consulting company providing engineering and litigation support to asset owners and their insurers. The company specializes in high technology solutions relating to the operations, safety and integrity of physical plant and equipment through the design, construction, commissioning, and operational phases of a facility. These include power generation, petrochemicals operations, pipelines, and various other industrial assets such as tunnels, water and gas distribution plant, etc. The company was founded in 1979 and owned by its senior engineers.

Intertek is a leading provider of quality and safety solutions, including auditing and inspection, testing, quality assurance and certification, to a wide range of industries including textiles, toys, electronics, building, heating, pharmaceuticals, petroleum, food and cargo scanning. Its businesses operate a global network of more than 1,000 laboratories and offices with over 23,000 people in 110 countries around the world. APTECH will form a core part of Intertek’s Industry Services division.

“As seems to be the case with middle-market companies all through our economy, the last few months presented some new challenges for us. Integris Partners was proactive and creative in helping us address the issues, and worked to ensure that these challenges didn’t adversely impact the sale process. Their approach of senior execution and attention to detail really made the difference and we are delighted with the result,” said Stephen Anderson, APTECH CEO.

Terms of the transaction were not disclosed. For additional information, please contact Robert Heilbronner or Stephen van den Heever.