Strata Partners is delighted to announce that it arranged and acted as exclusive corporate finance adviser to Normec, the European TICC sector consolidator and a portfolio company of private equity firm, Astorg, in relation to the acquisition of i2 Analytical, the UK-market leading provider of environmental, construction materials and food testing services i2 Analytical.
Founded in 2004 by current CEO Les Jones, i2 Analytical has grown to become a best-in-class provider of laboratory testing services, benefiting from state-of-the art laboratories in the UK and Continental Europe, a comprehensive suite of testing capabilities and accreditations, and a rigorous focus on customer service. The acquisition of i2 provides Normec with an entry into the important UK market at scale, while establishing a compelling pan-European capability across attractive environmental and food testing markets.