Socotec

Socotec is a global provider of services to businesses and local authorities controlling the risks inherent in their activities.

Sector Business Services
Ownership Majority
Turnover EUR 1030 M (2021)
Date of acquisition 02/2013

Dedicated team

Contact information

www.socotec.com

Address

Les Quadrants
3 Avenue du Centre
Guyancourt CS 20732
78182 Saint-Quentin-en-Yvelines Cedex
France

Socotec is a global provider of inspection, technical support, consultancy, training and certification missions in the construction, property, industrial and tertiary sectors. With more than 8,700 employees, 250 external recognitions, 200 establishments in France and a presence in more than 23 countries across five continents, the Group is major player in risk prevention consultancy.

Leading player in inspection services for the construction sector

Formed from Bureau Sécuritas which was historically France’s leading building inspection organization, Socotec was established in 1953. The group has always been a leader in France in the construction market, and has developed its skills and activities in the equipment, property, industrial, tertiary and local authority markets, in five areas: Inspection, Technical support, Consultancy, Training and Certification. Within the industrial sector, Socotec delivers technical support and quality monitoring services to industrial projects in the nuclear and oil & gas sectors.

Successful diversification through acquisitions

Socotec has diversified its activities through selected acquisitions in the energy sector with the acquisition of CTE Nordtest in 2010 providing non-destructive testing in the nuclear sector. In July 2012, Socotec acquired the group of companies Sica, Bellême and Kmil which focus on quality control in the oil & gas and energy sectors. They bring to Socotec a worldwide network of inspectors with locations in France, the United Kingdom, Italy, Singapore, China, the United States, Argentina and Nigeria. In December 2012, Socotec developed its certification services in Europe and in Asia with the acquisition of the UK company Certification International Ltd.

Majority shareholder

Cobepa acquired a majority stake in the group through an LBO in February 2013 alongside the fund Five Arrows Principal Investments (FAPI) and management and employees.

Related news

24.11.2023 / Portfolio news

Socotec records spectacular growth and solidifies international expansion

Socotec successfully completes strategic acquisitions overseas in the UK and U.S., accelerating its global footprint and paving the way for future growth.

#SOCOTEC #M&A #GROWTH

15.06.2023 / Portfolio news

Socotec achieves EcoVadis Gold rating

SOCOTEC has been awarded the prestigious EcoVadis Gold Medal for 2023. The company has shown remarkable progress and achieved a 10-point increase from the previous year, with a performance score of 74 out of 100.

#ECOVADIS #SUSTAINABILITY

02.09.2021 / Portfolio news

Socotec acquires Dutch-based Hanselman

Complementary and synergetic transaction will allow Socotec to penetrate the attractive Dutch monitoring market for construction and transport equipment

#SOCOTEC #ACQUISITION #HANSELMAN

14.04.2021 / Portfolio news

Socotec acquires Tecnolab, an Italian specialist in construction material testing and geotechnical services.

SOCOTEC Italia has announced today that it has acquired 100% of Tecnolab Srl, an Italian company specialized in construction material testing and geotechnical services, strengthening its position in the fast growing and demanding Italian infrastructure market.

#socotec #acquisition #tecnolab

06.01.2021 / Portfolio news

Socotec US reinforces its leadership position in dispute resolution services through the acquisition of Helmes & Co.

New York, New York - January 6th, 2021: Veritas Advisory Group, a SOCOTEC Company (Veritas) announced today that Helmes & Co, LLC have joined the firm. Located in Boston, MA, Helmes & Co is a project advisory firm focused on the deployment, operation, and analysis of capital projects worldwide – from residential, commercial, process, generating facilities to major civil infrastructure. Phillip Helmes will continue leading his team in his new role as Regional Director, joining the nationally renowned team of consultants advising clients across a variety of end markets including rail, airport, highway, bridge, tunnel, powerplant, oil and gas, chemical, wastewater treatment, as well as residential and commercial building projects.

#socotec #acquisition #helmes&co

03.11.2020 / Portfolio news

Socotec Group acquires Cementys

Paris - November 3rd, 2020 Socotec Group reinforces its position as leader in infrastructure monitoring through the acquisition of Cementys, a French tech-enabled company specialized in structural health monitoring services.

#Socotec #Cementys #acquisition

08.10.2020 / Portfolio news

Socotec Group acquires Veritas Advisory Group

New York - October 8th, 2020 Socotec Group accelerates its development in the US with the acquisition of Veritas Advisory Group, a dispute resolution and project advisory firm focused on large industrial and construction projects.

#SOCOTEC #ACQUISITION #VERITAS #VIDARIS

24.03.2017 / Portfolio news

Socotec to acquire UK-based ESG

The SOCOTEC Group, a major player in risk management and performance optimization announced its acquisition of UK-based ESG.

#Socotec #acquisition #esg

14.05.2014 / Portfolio news

Sofranext acquired by Socotec

In pursuit of further growth and to strengthen its position in the nuclear sector, the Socotec Group has acquired Sofranext.

16.01.2014 / Portfolio news

Socotec acquires ATS

Socotec Group acquired ATS, a company operating in the Oil & Gas quality control sector. The acquisition broadens Socotec's expertise and customer base in the respective industry.

17.04.2013 / Portfolio news

Acquisition of a 40% stake in Rincent BTP

Socotec has established itself on the infrastructure market by creating a dedicated independent company known as "Socotec Infrastructure", and by acquiring a 40% stake in the company Rincent BTP, a major player in measurement and testing.

#socotec #stakes #rincentbtp

07.02.2013 / Transaction news

Acquisition of Socotec

Cobepa has acquired a majority shareholding in Socotec, a leading provider of risk management and performance enhancement services based in France, alongside the fund Five Arrows Principal Investments (FAPI), and management from Qualium Investissement.

#socotec #stakes