Target Information

Phenna Group, based in Nottingham, UK, focuses on investing in and partnering with specialized independent Testing, Inspection, Certification, and Compliance (TICC) companies. Their mission is to ensure customer satisfaction through the delivery of top-notch testing and assurance services across various sectors.

We are excited to announce the acquisition of Atlantic Testing Laboratories (ATL). This acquisition is particularly significant as it marks our seventh deal of 2025, substantially enhancing our foothold in the United States and reaffirming our dedication to providing exceptional testing and assurance solutions. ATL will play a vital role within our Americas Region, contributing specialized TICC knowledge to sectors such as roads, pavements, groundworks, and utilities.

About Atlantic Testing Laboratories

Atlantic Testing Laboratories (ATL) is a comprehensive engineering support firm located in Canton, New York, with a workforce of 270 employees and eleven offices spanning the Northeastern, Mid-Atlantic, and Midwest regions of the United States. Renowned for its quality, capability, and integrity, ATL offers a diverse array of services tailored to meet the specific requirements of its clients.

Industry Overview

The TICC industry in the United States is experiencing robust growth, driven by increasing infrastructure demands and stringent quality regulations across various sectors. This sector plays a critical role in ensuring safety and compliance, particularly as federal and state governments emphasize the need for high-quality materials and services.

As the U.S. economy continues to recover post-pandemic, investments in infrastructure projects are surging. This growth is expected to stimulate the demand for comprehensive testing and certification services, leading to a promising landscape for companies like ATL. Consequently, the TICC market remains poised for expansion, benefiting from a greater focus on sustainability and technological innovation.

Furthermore, the rising awareness about environmental safety and the need for compliance with rigorous regulations are propelling firms within the TICC market to adapt and innovate. Companies are increasingly investing in new technologies and methodologies to enhance service offerings and operational efficiency, which ultimately benefits customers and stakeholders alike.

The competitive nature of the TICC industry also fosters collaboration, as firms look to enhance their capabilities through strategic partnerships and acquisitions. By aligning with complementary service providers, companies can broaden their expertise and improve their service delivery, creating significant value in the market.

Rationale Behind the Deal

The strategic acquisition of ATL aligns perfectly with Phenna Group's vision to enhance its footprint in the U.S. TICC market. By integrating ATL's established reputation and network, Phenna Group can leverage its resources and expertise to deliver even greater value to customers and expand its service capabilities.

This deal not only strengthens Phenna Group’s portfolio but also reinforces its commitment to partnering with high-quality businesses. ATL’s strong focus on excellence, safety, and customer service complements Phenna Group's operational ethos, ensuring a seamless collaboration that benefits stakeholders on all sides.

Information About the Investor

Phenna Group is a forward-thinking company dedicated to growing its presence in the TICC space through strategic partnerships and acquisitions. Known for its commitment to quality and service, Phenna Group actively seeks to partner with independent firms that share its values and dedication to customer satisfaction.

Under the leadership of CEO Phil Marshall and Divisional MD Eric D'Orio, Phenna Group has successfully acquired multiple businesses, further diversifying its portfolio while maintaining a strong focus on delivering top-tier testing and certification services. The group's growth strategy is rooted in forming synergistic partnerships that enhance its operational capabilities and market reach.

View of Dealert

The acquisition of Atlantic Testing Laboratories by Phenna Group appears to be a strategic and beneficial move in the context of a burgeoning TICC industry. ATL’s established reputation and comprehensive service offerings present an excellent fit with Phenna Group’s growth objectives. This acquisition can potentially generate significant synergies, expanding service capabilities and enhancing overall market presence.

Moreover, ATL’s vast experience and regional expertise will be invaluable as Phenna Group seeks to deepen its involvement in the U.S. market. By aligning with a trusted brand, Phenna Group can build on ATL's existing customer base, paving the way for additional opportunities and improved service delivery.

Another key factor is the growing demand for TICC services, driven by infrastructure development and regulatory changes in the U.S. Phenna Group's investment in ATL positions the company strategically for ongoing market growth, enabling it to adapt and thrive in an environment characterized by increased competition and client expectations.

In conclusion, the partnership holds promise for both Phenna Group and ATL. With a shared commitment to quality and service excellence, this acquisition is likely to yield fruitful outcomes for their clients, employees, and stakeholders over the long term.

View Original Article