Excellence beyond measure.
Quote Request        Client Login

New Acquisition in North America and Spain Asserting Trescal’s Growth Strategy

Trescal

PRESS RELEASE

NEW ACQUISITIONS IN NORTH AMERICA AND SPAIN ASSERTING
TRESCAL’S GROWTH STRATEGY

Paris, October 1st, 2014. Trescal, the international specialist in calibration services, announces the
acquisitions of Calibration Solutions Inc., based in Cornelius (North Carolina) and the calibration laboratory
of GES SIEMSA, based in Madrid, Spain.

The acquisition of Calibration Solutions Inc., (11 employees including 6 engineers and an annual turnover of
~$1.7 million) allows Trescal to expand its footprint on the American market and expand its skills in pressure,
temperature and torque. Calibration Solutions is A2LA accredited.

Guillaume Caroit, General Secretary of Trescal Group, said: “We are delighted to welcome Calibration
Solutions in Trescal; we are convinced their strong growth and excellent technical skills will help us make the
difference in the Carolinas. We still plan to make one or two acquisitions in the US by the end of the year.”

GES SIEMSA calibration laboratory is located in Madrid and employs 21 people (15 technicians) with ~€1.5
million annual sales. The strong skills in temperature/ humidity, gas flow and optical will help Trescal better
serve its clients in Spain. This is the second acquisition in Spain this year. The laboratory is ENAC
accredited.

These deals were completed with the support of Trescal’s majority shareholder, Ardian, the premium
independent private investment company. These acquisitions are the eighth and the ninth build-up following
Ardian’s take over of Trescal in July 2013.

Thibault Basquin, Managing Director in the Mid Cap Buyout team at Ardian, said: “These two new
acquisitions are key parts of the external growth plan for Trescal. They are a perfect fit for our strategy and
highlight our ambitions for the company. Not only do they bring greater technical expertise to Trescal but
they also reinforce the group’s position in two key geographies. We are looking forward to continuing to
support Trescal in its development.”

ABOUT ARDIAN
Ardian, founded in 1996 and led by Dominique Senequier, is a premium independent private investment
company with assets of US$49bn managed or advised in Europe, North America and Asia. The company,
which is majority-owned by its employees, keeps entrepreneurship at its heart and delivers investment
performance to its global investors while fuelling growth in economies across the world. Ardian’s investment
process embodies three values: excellence, loyalty and entrepreneurship.

Ardian maintains a truly global network, with more than 340 employees working through ten offices in Paris,
London, New York, Beijing, Frankfurt, Jersey, Luxembourg, Milan, Singapore and Zurich. The company
offers its 345 investors a diversified choice of funds covering the full range of asset classes, including Fund
of Funds (primary, early secondary and secondary), Direct Funds including Infrastructure, Expansion, Mid
Cap Buyout, Ardian Croissance, Co-Investment and Private Debt.
www.ardian-investment.com

ABOUT TRESCAL
Trescal, international specialist in calibration provides a broad range of services for the test and measuring
equipment market. Trescal are represented in 16 countries: Austria, Belgium, Czech Republic, Denmark,
France, Germany, Italy, Singapore, Spain, Sweden, Switzerland, the Netherlands, United Kingdom, United
States, Romania and Tunisia. Supplementing the standard technical services (verification, calibration and
repair of T&M instruments), Trescal offer their expertise for the implementation and acquisition of
measurement systems, customized equipment pool management software solutions, metrology and
technical support, and training. Trescal operate in 71 calibration laboratories and employ over 1,955 people
across the world. Trescal service 28,000 customers in various sectors such as Defence, Aerospace,
Aeronautics, Automotive, Power Generation & Utilities, Electronics Manufacturing, Communications and
Medical & Chemistry. Trescal’s sales reach 181 million Euros.
www.trescal.com

ABOUT CALIBRATION SOLUTIONS
Calibration Solutions has been in operations since March of 2000. The owner, Robert Ray opened the
business to provide test and measurement sales and calibration services. The company has grown rapidly
since then and offers services to a variety of industries including but not limited to; Aviation, Biomedical,
Biosciences, Construction, Electronics, Energy and Manufacturing.
www.csimetrology.com

ABOUT GES SIEMSA
GES SIEMSA is the conventional energy division of Global Energy Services (GES), a worldwide leader in
services for the renewable energy industry. GES SIEMSA is a top player in Spain and Portugal, providing
engineering, installation, commissioning and maintenance work for the energy, industry and oil & gas
sectors. With operations in Europe, America and Africa, GES has an unmatched track record in construction
and services for wind and solar. GES is owned by 3i, a leading international investor focused on mid-market
Private Equity, Infrastructure and Debt Management.
www.services-ges.com

LIST OF PARTICIPANTS
TRESCAL: Guillaume Caroit, Federico Levenson, Léonard de La Hosseraye
ARDIAN: Thibault Basquin, Yann Bak, Arnaud Tardan, Edouard Level
Tax due diligence – US build-up: Alvarez & Marsal Jamie Bowden
Legal counsel – US Build-up: Hooper Hathaway: James Beuche, William Beuche
Financial due diligence – US build-up: PwC: Robert Long, Christopher Engstrom
Structuration & tax – Spain build-up: Mariscal & Asociados: Alberto Alvarez
Financial Due diligence – Spain build-up: PwC: Juncal Vadillo Crespo, Katia Dubor

PRESS CONTACTS
ARDIAN
Headland
TOM JAMES
Tel: +44 207 3675 240
tjames@headlandconsultancy.co.uk
TRESCAL
GUILLAUME CAROIT (General Secretary)
guillaume.caroit@trescal.com
Tel: +33 (0)1 56 70 36 10
CATHERINE BOURDONCLE (Communication Manager)
catherine.bourdoncle@trescal.com
Tel: +33 (0)4 42 46 99 66

Latest News

accreditation

Address

Calibration Solutions Inc.
10442 Bailey Road • Suite H
Cornelius, NC 28031
704-987-4300
Calibration Solutions | FacebookCalibration Solutions | TwitterCalibration Solutions | LinkedInCalibration Solutions | RSSCalibration Solutions | Email