Houlihan Lokey Advises NMi Group
Houlihan Lokey is pleased to announce that NMi Group (NMi), a pan-European provider of independent advisory, testing, inspection, certification, and calibration services, and portfolio company of Levine Leichtman Capital Partners (LLCP), has agreed to be acquired by Bridgepoint. Completion of the transaction is subject to customary regulatory approvals and works council advice and is expected to occur in the third quarter of 2025.
Founded in 1873, NMi ensures that the systems, devices, and services that shape our daily lives—such as electric vehicle charging infrastructure, smart meters, medical devices, mobile and payment technologies, industrial control systems, and safety-critical instrumentation—are accurate, fully compliant, and future-ready. NMi operates in a large and expanding global market for market access and in-life services.
NMi has built a leading platform designed to meet the mission-critical demands of clients, bringing new and enhanced technologies to market, often in highly regulated environments, supporting clients across the U.K., Europe, Asia, and the Americas with market access services such as metrology, hazardous environment safety, and cybersecurity certification. The company also provides a range of regulatory-driven in-life services to ensure products remain compliant and accurate throughout their use, including complex calibrations, verification services, and compliance assurance.
NMi’s growth is fuelled by increasing product complexity, evolving regulations, and rising demand for high-trust, impartial assurance, particularly in cybersecurity, industrial battery energy storage systems, and connected infrastructure. Anticipated regulatory changes, such as the EU Cyber Resilience Act and ongoing investment in energy transition and smart technologies, are expected to accelerate demand for NMi’s services further.
During LLCP’s ownership, NMi has not only executed an ambitious inorganic growth strategy through eight highly strategic acquisitions but also delivered significant and sector-leading organic growth by continuously enhancing its product offering, expanding its customer base, deepening existing partnerships, and increasing its addressable market. As a result, the company has grown more than fourfold, expanded its geographical footprint, and expanded its employee base from 80 to more than 300.
Houlihan Lokey served as the lead financial advisor to LLCP and NMi in a deal that exemplifies the continued success of Houlihan Lokey’s dedicated global coverage of the TICC sector.
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