Eurazeo, through its Small-mid buyout team, has announced a significant investment in Ekoscan Integrity Group (“EIG”), a global provider of advanced non-destructive testing (“NDT”) solutions, specializing in critical industrial applications and infrastructure. This transaction, which involves the company’s founder Hugo Cence and Ekoscan Integrity’s management team, marks Eurazeo PME IV’s tenth investment and underscores the Small-mid buyout strategy’s expertise in supporting fast-growing European technology and services companies in their international expansion.
Founded in 2015 and headquartered in France, Ekoscan Integrity has emerged as a prominent manufacturer and service provider in the field of NDT solutions, particularly focusing on advanced ultrasonic technology. The company’s products are used by more than 250 blue-chip clients worldwide for the maintenance of critical assets such as nuclear power plants, oil pipelines, railways, and wind turbines. Ekoscan Integrity’s solutions enhance monitoring processes, extend the life of assets, and prevent failures. The company’s bespoke hardware testing systems, embedded software, and related services are tailored to meet the specific needs of its clients. With a presence in over 50 countries, Ekoscan Integrity generates 85% of its revenues from international markets.
In an expanding global market, Ekoscan Integrity has demonstrated a robust track record of profitable growth, with organic growth exceeding 20% and successful international acquisitions. The company’s commitment to continuous innovation has been a key driver of its expansion. The latest investment will enable Ekoscan Integrity to scale its next-generation Non-Destructive Testing solutions, further solidifying its global presence.
In addition to Eurazeo, Ekoscan Integrity welcomes investment from two key industrial partners: Fonds France Nucléaire 2, managed by Siparex, and ALIAD (Air Liquide Venture Capital). ALIAD, already an institutional shareholder in Ekoscan Integrity, has reinvested to support the company’s next stage of development. Fonds France Nucléaire 2, backed by EDF and major players in the nuclear sector, focuses on companies that play a critical role in the industry’s value chain, signaling strong support for Ekoscan Integrity’s innovation capabilities.
The management teams of Ekoscan Integrity, Eurazeo Small-mid buyout, Fonds France Nucléaire 2, and ALIAD share the vision of continuing the company’s international growth, expanding its technological edge in advanced NDT solutions, and assisting existing clients in maintaining and protecting their critical infrastructure.
This strategic partnership aligns with Eurazeo’s commitment to nurturing high-potential businesses and reinforcing their position as leaders in the global NDT industry. Ekoscan Integrity is poised for continued success in delivering innovative solutions to critical infrastructure markets worldwide.
