Buy-side commercial due diligence to Element Materials, a leading testing, inspection and certification (TIC) services provider.

Flow Partners acted as buy-side advisor to Element Materials Technology, to analyze and size the market opportunity for potential add-on acquisitions in the TIC space.

London, United Kingdom
·23 August 2023

Overview

Element Materials Technology engaged Flow Partners to perform buy-side commercial due diligence on a series of potential add-on acquisitions in the testing, inspection and certification (TIC) space.

Flow analysed and sized the relevant TIC sub-markets, benchmarked target performance against peers and built bottom-up commercial cases supporting the investment thesis for management and the controlling shareholders.

This engagement reflects Flow Partners' track record on buy-side advisory and commercial due diligence across industrial and technical services markets, complementing work for Polish industrial group Boryszew and B2B industrial marketplace Metaloop.

About Element

Element Materials Technology is a London-headquartered global provider of testing, inspection and certification services, with around 7,000 scientists and engineers across more than 200 laboratories worldwide. It supports customers from R&D through regulatory approvals to production across aerospace, transportation, building products, life sciences, oil & gas and fire protection.

Element was formed in 2010 via a management buyout of Stork's Materials Testing business. Following ownership by 3i (2010–2015) and Bridgepoint (2015–2022), Element was acquired by Temasek in July 2022 at an enterprise value of approximately $7bn.

About Flow Partners

Flow Partners provides founder-friendly corporate finance and fractional CFO advice to technology entrepreneurs globally. Flow was founded in 2020 and operates globally with presence in London, Berlin, Warsaw and Miami.

For more information, please visit flowpartners.io.

Enquires

For all enquiries please contact the team at hi@flowpartners.io

More clients we've worked with

Fractional CFO

Stages

Countries

Cities

Sectors

© 2026 Flow Partners (London) Ltd. All rights reserved. Registered as a limited liability company in England and Wales (registered number 12969521).

Buy-side commercial due diligence to Element Materials, a leading testing, inspection and certification (TIC) services provider. | Flow Partners