Summary
This document is a report detailing the M&A advisory process conducted by DC Advisory for Carlyle regarding the sale of Safety SA to Centre Testing International Group Co., Limited. Founded in 1952, Safety SA is a prominent provider of Testing, Inspection, Certification, and Training (TICT) solutions, primarily focused on food and workplace safety across Africa, the Middle East, and China. The report outlines the advisory team's engagement, which began in September 2024, where they assisted with various aspects of the transaction, including business planning, marketing materials, investor identification, and negotiations. The sale is expected to close in the fourth quarter of 2025, pending regulatory approvals. The document emphasizes the strategic importance of the transaction for Safety SA, highlighting the ongoing role of the existing management team in driving the company’s growth strategy post-acquisition. Additionally, it notes the expertise of DC Advisory in the TICT sector as a key factor in achieving a successful outcome.
