Element Materials Technology

Element Materials Technology is the global leader in materials and product qualification testing in the aerospace, oil & gas and transportation markets.

Sector Business Services Office London
Acquired 2015 Deal size N/D

Background

Element, which can trace its origins back almost 200 years, operates in the global outsourced materials testing market with 34 laboratories in the US and 19 across Europe.  It serves a longstanding customer base of over 10,000 aerospace, oil & gas and transportation companies worldwide. 

 

It focuses on two core areas: materials testing and product qualification with the purpose of ensuring that the materials and products that are in use in some of the world's most advanced industrial sectors are always safe, of marketable quality, comply with all relevant industry standards and, most of all, are fit for purpose in their end application. Element services a global customer base of OEMs' tier 2 and 3 suppliers and holds a broad portfolio of accreditations and customer approvals governed by the OEM. 

 

Bridgepoint was attracted to the company due to a combination of its exceptional financial track record, calibre of its management team, its diversified customer base and the growing end markets it serves. Additionally, Element is a platform with significant consolidation potential in a market benefiting from structural growth in the testing, inspection and certification space.

 

To learn more about the company, visit www.element.com