Industrial Tech, M&A

Bryan, Garnier & Co acts as the Sole Financial Advisor to EKOSCAN INTEGRITY on its acquisition of AUT Solutions

EKOSCAN INTEGRITY, a leading industrial tech company in infrastructure integrity solutions, completes the acquisition of AUT Solutions, a Houston-based expert in automated ultrasonic testing (UT)

Founded in 2008 with a vision to deliver the most advanced automated UT inspection systems, AUT Solutions has established itself as a trusted partner for inspection service companies, seeking cutting-edge inspection tools and professional support for advanced inspection. The company’s expertise lies in the development of state-of-the-art automated scanners, empowering customers with enhanced non-destructive testing (NDT) capabilities and increased process efficiency.

AUT Solutions will be integrated in EKOSCAN business unit, the product and NDT equipment division of the group which has recently consolidated the electronics expertise of SOCOMATE.

EKOSCAN INTEGRITY is renowned for its unwavering commitment to engineering excellence and delivering innovative solutions that ensure the integrity and safety of critical infrastructure. The acquisition of AUT Solutions signifies another step towards furthering that commitment and revolutionizing the landscape of ultrasonic inspection technologies and further confirms its strategic ambition following the investment from Abénex, Aliad and EDF Pulse in September 2022.

Bryan, Garnier & Co acted as the Sole Financial Advisor to EKOSCAN INTEGRITY and its shareholders on the acquisition of AUT Solutions

Bryan, Garnier & Co assisted EKOSCAN INTEGRITY throughout the acquisition process from initial discussions to signing and closing while leveraging its deep market and company knowledge.

This marks another landmark transaction for Bryan, Garnier & Co’s industrial technology practice and is a further demonstration of our expertise in the Industry 4.0 covering sensors, electronics, imaging, robotics, IoT and NDT. Other notable industrial technology transactions include the sale of Eve Systems (connected sensors) to ABB, the sale of Telops (hyperspectral imaging systems) to HLD-backed Photonis, the private placement for EKOSCAN INTEGRITY with Abénex, Aliad and EDF Pulse, the sale of Headwall Photonics (hyperspectral imaging solutions) to Arsenal Capital Partners, the sale of Specim (hyperspectral imaging solutions) to Konika Minolta, the sale of Smart Me Up (embedded computer vision) to Magneti Marelli, the capital raised for Canatu (thin film optical displays), and the private placement for TactoTek (in-mould structural electronics) with 3M, Repsol and other investors.

"We're excited to announce the acquisition of AUT Solutions, a pioneer in automated ultrasonic testing. This collaboration marks a leap towards revolutionising the landscape of ultrasonic inspection technologies. We thank Bryan, Garnier & Co for their guidance and support in this transformative journey – and for their continued commitment as we undergo this second transaction together."

— Hugo Cence - Founder & CEO of EKOSCAN INTEGRITY

EKOSCAN INTEGRITY is an industrial group specialized in manufacturing products, developing solutions, and providing services for the assessment and monitoring of infrastructure integrity. Comprised of two divisions, EKOSCAN and INTACT, the group offers a range of inter-compatible products, solutions, and services, thanks to shared engineering and innovation.

AUT Solutions, based in the United States, is a leading company specialising in automated ultrasonic testing. With a focus on developing advanced automated scanners, the company empowers industries with cutting-edge ultrasonic inspection capabilities.