Astorg Acquires Normec Group from Summit Partners

Normec Acquires MS Bio, MJ Reider, and NorthEast BioLab to Enter the United States

August 6, 2025

IT Services

Normec, a European testing, inspection, certification, and compliance (TICC) provider, entered the United States by acquiring three specialized laboratories: MS Bio, MJ Reider, and NorthEast BioLab. The acquisitions expand Normec’s addressable market and deepen capabilities across bioanalysis, water quality, and nutritional testing for regulated end markets including healthcare and food-related compliance.

Astorg Acquires Majority Stake in Steliau

February 26, 2024

Industrial Services

Astorg, a European private equity firm, has signed an agreement to acquire a majority stake in Steliau, a pan-European value-added distributor (VAD) of electronic solutions, from B&Capital. Steliau, founded in 1992 and headquartered in Montrouge, France, employs more than 200 people across eight countries and will partner with Astorg to accelerate organic growth and execute a buy-and-build strategy.

Astorg Mid‑Cap Acquires 51% Stake in Sofico

November 21, 2023

Software

Astorg Mid‑Cap will invest a 51% stake in Sofico in partnership with Sofico founders Gémar Hompes and Piet Maes and existing investor Apheon, with the founders and Apheon significantly reinvesting and remaining involved. Sofico, headquartered in Ghent, is a leading software provider for the automotive leasing and mobility industry, employs over 500 experts, serves major global leasing customers, and will use the partnership to accelerate product development, services expansion and M&A; financial terms were not disclosed and the deal is expected to close in Q1 2024.

Normec Acquires Derwentside Environmental Testing Services Ltd. and Latis Scientific Ltd.

October 26, 2023

Environmental Services

Normec has acquired UK-based environmental and water testing businesses Derwentside Environmental Testing Services Ltd. and Latis Scientific Ltd., adding three laboratory locations across the UK and bolstering its environmental testing capabilities. The deal strengthens Normec's UK footprint following earlier M&A activity and retains the DETS & Latis management team led by Kirk Bridgewood.

Astorg Acquires IPCOM from Alpha Private Equity

July 13, 2022

Industrial Services

Astorg has signed a binding agreement to acquire IPCOM, a pan‑European B2B distributor and converter of technical and building insulation products, from Alpha Private Equity. IPCOM is headquartered in Melle, Belgium, employs ~1,100 people across 15 countries with 64 outlets and 15 conversion sites, and the deal is subject to customary regulatory approvals (terms not disclosed).

Astorg Joins Nordic Capital and Novo Holdings in Recapitalization of ERT

October 21, 2019

Healthcare Services

Astorg will invest in eResearchTechnology, Inc. (ERT), joining existing owners Nordic Capital, Novo Holdings A/S and the ERT management team in a broadened ownership group. The investors will support continued development of ERT's clinical trial technology platform, expand operational capabilities, and pursue selective add-on acquisitions to drive future growth; financial terms were not disclosed.