Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

Terratest

Industrials · Other · Acquired in October 2014

A specialized international contractor providing foundation work, ground improvement and micro-tunneling services to infrastructure, industrial commercial and residential construction end markets.

Platinum Equity Portfolio Company, Terratest

KEY FACTS

  • Acquired majority interest via a capital infusion that recapitalized the business and deleveraged its balance sheet
  • Terratest provides critical geotechnical services such as: foundation work, ground improvement and microtunneling on a global basis
  • Founded in 1959 and headquartered in Madrid, Spain
  • Operations throughout Europe, Latin America, Africa and the Middle East

INITIATIVES

  • Working with Terratest’s executive management to support growth and expansion
  • Identifying and evaluating prospective strategic add-on acquisitions
  • Optimizing fundamental operating systems, including information technology, financial reporting and cost management
  • Seeking organic growth via new contracts and potential entry into new markets