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C.W. Downer / N+1 advises Trescal (owned by Ardian) in the acquisition of Precision Metrology

PARIS / BOSTON, September 8, 2016 – C.W. Downer & Co. / N+1 acted as M&A advisor to Trescal (majority owned by Ardian), a leading global metrology services company in the acquisition of Precision Metrology Inc., a major player in the US metrology market located in Wisconsin and Florida. The transaction was carried out with the support of the majority shareholder of Trescal the French private equity investor Ardian.

Established in 1980 in Milwaukee, Precision Metrology is an A2LA accredited laboratory with strong technical expertise in dimensional, BF electricity, and temperature, as well as in the repair of mechanical and dimensional equipment. The US company employs 90 people and has a turnover of around $ 11 million, mainly in the sectors of Energy, Aeronautics and Pharmacy.

With this acquisition, Trescal now has 15 calibration laboratories and employs over 400 people in the United States. This is the 16th acquisition since the purchase of Trescal by Ardian in July 2013. Trescal posted in 2015 a turnover of € 216 million and employed 2,300 people.

The operation involved the French and American teams of N+1.

C.W. Downer / N+1 executives: Ashley Rountree, Chris Donegan.

About C.W. Downer & Co.

C.W. Downer & Co. is a global investment bank offering middle-market clients a high level of personal attention coupled with more 40 years of international execution experience. On April 27, 2016, C.W. Downer & Co. completed its merger with N+1, a global investment bank and asset management firm headquartered in Madrid, Spain. In addition to M&A advisory, N+1 offers debt advisory, restructuring, and equity & debt capital market services. The combined entity employs a team of 185+ investment banking professionals across 24 offices in 18 countries. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Additional Information:

Chris Donegan
Managing Director
This email address is being protected from spambots. You need JavaScript enabled to view it. +1 617 482 6200

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