Applus+ Company Profile

Background

Applus+ is a global leader in the testing, inspection, and certification (TIC) sector, dedicated to enhancing the quality and safety of clients' assets and infrastructures. With a workforce exceeding 25,000 employees, the company operates in over 65 countries, offering a comprehensive portfolio of solutions that range from asset integrity management to statutory compliance-based inspections. Applus+ emphasizes technological development, digitalization, and innovation, ensuring adherence to the latest regulatory requirements.

Key Strategic Focus

Applus+ focuses on:

• Core Objectives: Delivering high-quality testing, inspection, and certification services to ensure operational excellence and compliance across various industries.

• Areas of Specialization: Asset integrity management, statutory compliance inspections, and technological development.

• Key Technologies Utilized: Advanced digital solutions, non-destructive testing (NDT), and state-of-the-art laboratories.

• Primary Markets Targeted: Automotive, energy, industrial, and infrastructure sectors globally.

Financials and Funding

• Funding History: Applus+ has undergone significant financial developments, including a notable €300 million post-IPO equity investment on January 24, 2024, from Apollo Global Management.

• Recent Funding Rounds: The company has attracted substantial investments to support its growth and technological advancements.

• Notable Investors: Apollo Global Management, I Squared Capital Advisors, and TDR Capital.

• Utilization of Capital: The funds are intended for strategic acquisitions, technological innovation, and expansion into new markets.

Pipeline Development

Applus+ continually develops its service offerings to meet evolving industry needs. Specific pipeline candidates and timelines are not publicly disclosed.

Technological Platform and Innovation

• Proprietary Technologies: Applus+ employs advanced non-destructive testing (NDT) methods and operates state-of-the-art laboratories to ensure service excellence.

• Significant Scientific Methods: Utilizes cutting-edge digital solutions and testing methodologies to maintain industry leadership.

• AI-Driven Capabilities: The company integrates artificial intelligence in its testing and inspection processes to enhance accuracy and efficiency.

Leadership Team and Changes

• Joan Amigo: Chief Executive Officer (CEO) – Leads the company with a focus on innovation and global expansion.

• Fernando Basabe: Chief Executive Officer (CEO) – Oversees strategic direction and operational excellence.

• Christopher Cole: Chairman of the Board – Provides governance and strategic oversight.

In April 2025, Applus+ relocated its headquarters from Madrid to Barcelona following its acquisition by I Squared Capital Advisors and TDR Capital, creating a new parent company named Amber BidCo.

Competitor Profile

Market Insights and Dynamics

• Market Size and Growth Potential: The global TIC market is substantial, with significant growth opportunities driven by increasing regulatory requirements and the need for quality assurance across industries.

• Industry Trends: Emphasis on digitalization, automation, and sustainability in testing and certification services.

Competitor Analysis

• Key Competitors: SGS, Bureau Veritas, TÜV SÜD, and Intertek.

• Primary Focus Areas: Similar TIC services across various sectors.

• Technologies and Achievements: Competitors also invest in digital solutions and AI to enhance service delivery.

Strategic Collaborations and Partnerships

Applus+ has formed strategic alliances to strengthen its market position and innovation capacity, including:

• Acquisitions: Over 50 companies since 2004 to reinforce its position in the TIC sector.

• Partnerships: Collaborations with industry leaders to expand service offerings and technological capabilities.

Operational Insights

Applus+ maintains a competitive edge through:

• Global Presence: Operations in over 65 countries, providing a broad service network.

• Technological Leadership: Continuous investment in advanced testing and inspection technologies.

• Customer-Centric Approach: Tailored solutions to meet diverse client needs across various industries.

Strategic Opportunities and Future Directions

Applus+ aims to:

• Expand Market Reach: Enter new geographical markets and sectors.

• Enhance Technological Capabilities: Invest in AI and digital solutions to improve service efficiency.

• Sustainability Initiatives: Develop services that support clients' environmental and sustainability goals.

Contact Information

• Official Website: www.applus.com

• Social Media Profiles:

• LinkedIn: Applus+ LinkedIn

• Twitter: @ApplusPlus

• Facebook: Applus+ Facebook

Note: Specific email addresses and physical addresses are not publicly disclosed.