Certania Receives Growth Funding from Summit Partners

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Certania, a Munich, Germany-based provider of a provider of Testing, Inspection, and Certification (TIC) services, received a growth investment from Summit Partners.

The amount of the deal – subject to regulatory approval and expected to close in Q4 2023 – was not disclosed. Johannes Grefe, Managing Director at Summit Partners, will join Certania’s Board of Directors.

The company intends to use the funds to further expand its acquisition strategy.

Led by Karsten Xander and Moritz Gruber, co-CEOs, Certania enables entrepreneurs and owners to develop their companies with like-minded people, while continuing to preserve their entrepreneurial roots, corporate culture, brand and values. Under the umbrella of Certania Holding GmbH, the company provides Testing, Inspection & Certification as well as scientific, laboratory and compliance services.

Today, Certania includes sixteen partner companies and employs more than 1,000 professionals across the globe. The company offers a portfolio of services, including expertise in the areas of food, environmental and industrial testing, CRO services, ESG analytics and consulting, and a broad range of certification and quality-control services

FinSMEs

29/08/2023