Netherlands Measurement Institute (“NMi”), a portfolio company of Levine Leichtman Capital Partners (“LLCP”), announced today that it has acquired ExVeritas Ltd. (“ExVeritas”). ExVeritas is an internationally accredited and leading certification body focused on people and product safety.
Founded in 2005, ExVeritas provides OEM manufacturers with the crucial certifications that are needed to sell their products onto national and international markets. Next to market access services, the company offers certifications and training for people, systems and sites to its global customer base. ExVeritas operates offices and test facilities in the UK, US and Denmark, as well as training facilities in Malta and Ireland.
Yvo Jansen, NMi Group CEO, commented, “Partnering with ExVeritas is a landmark development in our efforts to expand certification capabilities in our market access services. The expertise of ExVeritas addresses a market need for premium product safety certifications and enables NMi’s client base to benefit from an extended certification offering that now encompasses Metrology, Cybersecurity, and Product Safety.”
Josh Kaufman, Head of Europe at LLCP, added, “We are excited to back the NMi Group in its strategic acquisition of ExVeritas, which immediately expands the range of certifications the company can offer to its global client base. We’re eager to keep supporting the NMi Group as the company continues its ongoing acquisition strategy and we are excited about the additional attractive opportunities we are seeing.”
NMi’s acquisition of ExVeritas is the company’s sixth acquisition during LLCP’s ownership.
NMi is a portfolio company of Levine Leichtman Capital Partners Europe II SCSp.