Global private equity firm Levine Leichtman Capital Partners (LLCP) has acquired Ducares (Triskelion) from First Dutch Innovations (FDI).Triskelion, operating under the trade names Triskelion and Ducares, is a specialised provider of high-end food & feed testing services, complemented by compliance & risk management services. The Company’s service offerings span a broad range of niche capabilities including nutrient, residue, bio- and genetically modified organisms (GMO) analyses. From its centrally located and state-of-the-art laboratory headquarters in Utrecht, the Company is well-positioned to support clients with high-end, innovative testing and consultancy services.
Robert-Jan Raterink, Managing Director of Triskelion, says: “We believe that LLCP is optimally positioned to help us further build the Company. We are excited to join LLCP’s global network and believe that their strategic expertise and M&A capabilities will help us develop further as a high-end niche platform, supporting us in continuing to provide our customers with the services and quality we are reputed for.”
Wouter Snoeijers, Managing Director at LLCP, says: “We are very excited to announce this partnership with the Triskelion team and see a substantial opportunity to contribute to its continued success. We believe that Triskelion is uniquely positioned in its end markets and are excited to support the various growth initiatives. We look forward to working with Robert-Jan and his outstanding team of highly qualified employees on the next chapter of the Company’s journey.”
Triskelion will be the second investment from Levine Leichtman Capital Partners Europe II, SCSp.
LLCP was advised by KPMG (commercial, financial and tax), NautaDutilh (legal) and CFI (M&A).
FDI was advised by PwC (M&A), Allen & Overy and CorporateWise (legal).