{"id":44259,"date":"2024-02-01T08:24:18","date_gmt":"2024-02-01T07:24:18","guid":{"rendered":"https:\/\/capitalmind.com\/?post_type=deals&#038;p=44259"},"modified":"2024-07-22T16:58:09","modified_gmt":"2024-07-22T14:58:09","slug":"sale-of-trustcb-to-nmi-a-portfolio-company-of-llcp","status":"publish","type":"deals","link":"https:\/\/www.investec.com\/advisory\/deals\/sale-of-trustcb-to-nmi-a-portfolio-company-of-llcp\/","title":{"rendered":"Sale of TrustCB to NMi, a portfolio company of LLCP"},"content":{"rendered":"\n<h2 class=\"wp-block-heading has-large-font-size\" id=\"h-about-the-deal\">About the deal<\/h2>\n\n\n\n<p>TrustCB, the global leader in cybersecurity certification, has been sold to NMi, a Dutch prominent TICC company and part of the US-based PE Levine Leichtman Capital Partners.<\/p>\n\n\n\n<p>TrustCB is the only commercial Certification Body for the globally recognized Common Criteria cybersecurity standard, working with blue-chip clients and capable of certifying up to the highest levels (EAL7). TrustCB stands as a leading certifier of IT security products, processes, and services. Its versatility extends across a broad spectrum of schemes, including GSMA eSA, FeliCa, MIFARE, IoT (SESIP and PSA Certified) and other mobile devices.<\/p>\n\n\n\n<p>NMi Group is active in mission-critical Testing, Inspection, Certification, and Calibration (TICC) services for measuring devices across various industries, including weighing, utilities, mobility, and oil &amp; gas.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\" id=\"h-what-we-did\">What we did<\/h2>\n\n\n\n<p>Investec leveraged its sector knowledge across the testing, inspection and certification (TIC) sector to support TrustCB in the transaction. We advised the shareholder of TrustCB throughout the sell-side process, with:<br>&#8211; Drafting info &amp; marketing materials;<br>&#8211; Screening and selection of buyers through a competitive process;<br>&#8211; Managing price negotiations;<br>&#8211; Handling due diligence;<br>&#8211; Coordinating legal documentation phase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About the deal TrustCB, the global leader in cybersecurity certification, has been sold to NMi, a Dutch prominent TICC company&#8230;<\/p>\n","protected":false},"featured_media":44276,"template":"","dt":[],"sector":[26],"dealtype":[33],"clienttype":[34],"class_list":["post-44259","deals","type-deals","status-publish","has-post-thumbnail","hentry","sector-business-services","dealtype-sell-your-business","clienttype-founders-entrepreneurs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sale of TrustCB to NMi, 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