OC&C advises Intero on the sale from First Reserve to Rivean Capital

OC&C are delighted to have supported Intero and First Reserve with sell-side support on the successful sale to Rivean Capital.

Intero is a Netherlands-based global leader in tech-enabled inspection and compliance services for critical infrastructure assets, focusing on asset integrity and emission reduction. It operates three service lines: Inspection Services (ultrasonic and robotic magnetic flux leakage for challenging inspections), Environmental Services (fugitive emissions testing and leak detection), and Industrial Services (turnkey solutions for pre-commissioning, commissioning, and decommissioning). Intero leverages proprietary software and in-house data analysis to support its services. The company serves over 600 clients in 40+ countries through 25 global locations and has circa 450 employees.

For Rivean Capital this latest acquisition further bolsters the existing €5 billion of assets under management. The pan-European mid-market private equity firm founded in 1982 is headquartered in Amsterdam, with offices in Brussels, Frankfurt, Milan and Zug.

Since inception, Rivean has supported over 250 companies in achieving international growth, both organically and through buy & build strategies. The firm actively drives value creation with its in-house Portfolio Enhancement Program and a team of experienced professionals.

As Intero and Rivean embark on this new chapter together, we wish both every success in the future.

OC&C and Private Equity

We’re a leading global strategy consultancy with vast experience working with Testing, Inspection and Certification (TIC) providers, serving both major global corporations and local champions. We’ve advised investors on some of the largest transactions worldwide in recent years, encompassing sell-side and buy-side roles.

How we can help:

• We provide commercial due diligence and vendor due diligence for transactions and refinancing
• We assist investors with accelerating or improving their portfolio companies’ performance
• We help investors identify potential investment themes or assets to target

For more details on our experience in this space, please contact get in touch.