Trescal Group has acquired SICT

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Description

Overview: Trescal Group, a France-based global leading calibration specialist, acquired a controlling stake in Institute of Calibration & Technology (SICT), a leading provider of calibration services across fiber optics, electrical (DC/LF/RF), gas detection, dimensional, and temperature in Korea

Background: The client has been seeking ways to expand its product portfolio and geographical coverage in Korea

Role: LCP managed and executed the entire deal process from deal sourcing to closing

–Contact with prospective sellers and Identification of seller’s interest

–Due diligence

–Management of financial and legal advisory

–Valuation and price & SPA negotiation

Global M&A Advisory Advisor to the buyer