In a growing ICT (testing, inspection, certification) market that must integrate the challenges of digital, environmental, industrial and energy transitions, Apave presented a clear and ambitious roadmap to 2025 at the beginning of the year. This strategic plan will enable the Group to accelerate its development, particularly internationally.
The financial support and expertise provided by PAI Partners will be an asset for Apave, particularly in terms of identifying and analysing external growth opportunities, but also in terms of support in various areas such as information systems, digital and CSR.
Now that the necessary authorisations and opinions have been obtained, Apave will accelerate its ambitious development in priority sectors, businesses and geographies and will continue to build a stronger, more innovative, more customer-oriented group while preserving its values of independence and professionalism.
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About the Apave Group
Apave is an international group with over 150 years of experience in risk management. An independent company with a turnover of €881M in 2019, Apave currently has 12,400 employees, 130 agencies in France, 170 training sites in France and abroad and 18 testing centres. Apave has an international presence in over 45 countries. Nearly 500,000 customers already place their trust in Apave in France and abroad. www.apave.com
About PAI Partners
PAI is a leading European private equity firm with offices in Paris, London, Madrid, Milan, Munich, Luxembourg, New York and Stockholm. PAI manages and advises funds dedicated to LBO transactions with a total capitalization of nearly €15 billion. Since 1994, PAI has completed 84 LBO transactions in 11 countries, with a total capital value of over €60 billion. PAI is distinguished by the sector expertise of its teams, its know-how in growth acceleration, and its ability to establish strategic partnerships. PAI provides portfolio companies with the financial, operational and strategic support they need to continue their development. www.paipartners.com
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