PRESS
RELEASE
April 2025



EURAZEO INVESTS IN EKOSCAN INTEGRITY, A LEADING GLOBAL
PROVIDER OF ADVANCED NON-DESTRUCTIVE TESTING SOLUTIONS
FOR CRITICAL INDUSTRIAL APPLICATIONS AND INFRASTRUCTURE
Paris, April 10 th , 2025


Eurazeo, through its Small-mid buyout team, is pleased to announce its investment in Ekoscan
Integrity Group (“EIG”), a leading and innovative global provider of advanced non-destructive
testing (“NDT”) solutions for critical industrial applications and infrastructure, alongside the
company’s founder Hugo Cence and Ekoscan Integrity’s management team. The transaction marks
the tenth investment for Eurazeo PME IV and clearly demonstrates the expertise of the Small-mid
buyout strategy in supporting fast-growing European technology and services mid-market
champions in their international expansion.

Headquartered in France and created in 2015, Ekoscan Integrity is a leading equipment
manufacturer and services provider of testing solutions focused mainly on advanced ultrasonic
technology. EIG’s solutions are used by 250+ blue chip clients for the maintenance of critical assets
and infrastructure (e.g. nuclear power plants, oil pipelines, railways, wind turbines), enhancing
monitoring processes, extending assets’ life and preventing failures. Ekoscan Integrity leverages
its technological expertise in product design and assembly to offer bespoke hardware testing
systems, embedded software, and related services tailored to client needs . The company serves
clients in more than 50 countries and generates 85% of its revenues internationally.

In a large and growing global market, Ekoscan Integrity showcases an impressive track record of
profitable growth, combining organic growth exceeding 20% with several international
acquisitions. The company has accelerated its expansion in a competitive and profitable market,
primarily driven by its continuous innovation. This investment will support its ambitious objectives
to deploy next-generation Non-Destructive Testing solutions at scale.

Alongside Eurazeo, Ekoscan Integrity welcomes investment from two key industrial partners, Fonds
France Nucléaire 2, managed by Siparex, and ALIAD (Air Liquide Venture Capital), current
institutional shareholder of the company reinvesting to support the company’s next stage of
development. Fonds France Nucléaire 2, supported by EDF and key industrial players in the nuclear
sector, invests in companies playing a mission critical role in the industry’s value chain – their
support is a testament of EIG’s innovation capability.

The management team of Ekoscan Integrity, the Eurazeo Small-mid buyout team, the Fonds France
Nucléaire 2 and ALIAD teams share the ambition of continuing the company’s international
expansion, broadening and strengthening EIG’s technological edge in advanced non-destructive
testing, and further helping existing clients to maintain and protect their critical infrastructure.
Benjamin Hara, Partner Small-mid buyout, at Eurazeo:

« We are very happy to partner with Hugo Cence and his team with the
ambition of creating a global leader in non-destructive testing solutions.
Ekoscan Integrity, with its recognized expertise in ultrasonic NDT solutions
and unique positioning in asset integrity management, is a perfect match to
our strategy of supporting leading businesses with strong organic growth in
an industry with clear consolidation potential. We are excited about the
prospect of supporting Ekoscan Integrity in its ambitious growth strategy. »

Hugo Cence, CEO of Ekoscan Integrity Group:

« Eurazeo is the partner of choice to support Ekoscan Integrity’s international
development. Early on, the Small-Mid Buyout team has showcased a very
good understanding of our market and positioning as well as on the key
growth drivers for our company, proposing ideas and operational support to
help drive our global expansion through dynamic organic growth as well as
buy-and-build, notably in the US and in Asia. We are proud of EIG’s growth
journey completed until today with the support of Abenex Croissance, EDF
and ALIAD (Air Liquide Venture Capital) as institutional shareholders, and are
delighted to have the Fonds France Nucléaire 2, including EDF as key
sponsor, as well as ALIAD reinvesting in EIG to continue the journey with a
common growth ambition. »


ABOUT EURAZEO
• Eurazeo is a leading European investment group with €36.1 billion in diversified assets under
management, including €26.2 billion on behalf of institutional and retail clients through its
private equity, private debt, real estate and infrastructure strategies. The Group supports more
than 600 mid-market companies, leveraging the commitment of its 400-strong workforce, its
in-depth sector expertise, its privileged access to global markets through 13 offices across
Europe, Asia and the United States, and its responsible approach to value creation based on
growth. The company's institutional and family shareholding structure, and its solid financial
structure, ensure its long-term viability.
• Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg,
Shanghai, Seoul, Singapore, Tokyo and São Paulo.
• Eurazeo is listed on Euronext Paris.
• ISIN : FR000121121 - Bloomberg : RF FP - Reuters : EURA.PA.



ABOUT FONDS FRANCE NUCLEAIRE 2
• Supported by EDF and the main industrial actors in the nuclear sector and managed by
Siparex (€3.7 billion in assets under management), the Fonds France Nucléaire 2 supports
SMEs and mid-cap companies across the nuclear value chain. The fund provides financing to
accelerate both organic and external growth initiatives, and participates in growth, buyout,
and capital reorganization transactions.
• It operates as a minority or majority investor, independently or through co -investments, and
draws on the expertise of leading industry stakeholders.




EURAZEO
66, rue Pierre Charron – 75008 Paris
www.eurazeo.com
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ABOUT ALIAD (AIR LIQUIDE VENTURE CAPITAL)

• ALIAD (Air Liquide Venture Capital) was set up in 2013 as the Air Liquide Group’s venture
capital arm. ALIAD's mission is to invest in and support innovative startups that align with Air
Liquide's strategic goals, particularly in the areas of energy transition, healthcare, and
industrial innovation. ALIAD aims to create mutually beneficial partnerships that generate
value for both the startups and Air Liquide while contributing to a more sustainable future.
Since its inception, ALIAD has invested in over 40 startups and 7 funds.



ABOUT EKOSCAN INTEGRITY
• Headquartered in France, Ekoscan Integrity is a leading equipment manufacturer and
services provider of testing solutions focused mainly on advanced NDT technology. EIG’s
solutions are used by 250+ blue-chip clients for the maintenance of their critical assets and
infrastructure (e.g. nuclear power plants, oil pipelines, railways, windmills) using the
company’s solutions to both enhance and optimize predictive maintenance a nd monitoring
processes, extend assets’ life while avoiding risks of failure. The Group serves clients in more
than 50 countries and generates 85% of its revenues outside France. Ekoscan Integrity
employs 300+ FTEs across three business units:
o Diagnostic Technologies (EKOSCAN)
o Technology as a Service (INTACT)
o Sustainability Technologies (3X ENGINEERING)




EURAZEO CONTACT PRESS CONTACT

Coralie Savin Mael Evin (France)
GROUP CHIEF COMMUNICATIONS OFFICER HAVAS
csavin@eurazeo.com mael.evin@havas.com
+33 (0)6 86 89 57 48 +33 (0)6 44 12 14 91

Pierre Bernardin David Sturken (UK)
MANAGING DIRECTOR – HEAD OF H/ADVISORS MAITLAND
INVESTOR RELATIONS david.sturken@h-advisors.global
ir@eurazeo.com +44 (0) 7990 595 913
+33 (0)1 44 15 01 11




EURAZEO
66, rue Pierre Charron – 75008 Paris
www.eurazeo.com
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