Levine Leichtman Capital Partners Executes Successful Sale of NMi Group to Bridgepoint

LLCP's Strategic Move with NMi Group

On June 10, 2025, Levine Leichtman Capital Partners, a prominent private equity firm based in Los Angeles, made a significant announcement. The firm disclosed that it has entered into an agreement to divest NMi Group, a leading player in the European Testing, Inspection, and Certification (TIC) sector, to Bridgepoint, a private asset growth investor. Although the financial specifics of this transaction remain undisclosed, it emphasizes LLCP's strategic approach to enhancing its portfolio and overall investment strategy.

NMi Group's Remarkable Growth

Founded in 1873 and headquartered in Delft, the Netherlands, NMi has been a pivotal entity in the TIC industry, providing essential assurance services across the life cycle of complex products. The company is known for ensuring that various systems—including Electric Vehicle Charging Infrastructure, Smart Meters, Medical Devices, and Mobile Payment Technologies—are compliant, accurate, and future-ready. Under LLCP's ownership, NMi experienced transformative growth, with revenues growing more than fourfold, thanks to an impressive organic growth rate and an effective buy-and-build strategy.

Since 2020, NMi has successfully completed eight strategic acquisitions, significantly broadening its geographical reach and enhancing its portfolio of national and global accreditations. This expansion has increased its workforce from 80 to over 300 employees, effectively enlarging the company’s addressable market.

LLCP's Commitment to NMi's Success

Josh Kaufman, who leads LLCP Europe, expressed pride regarding NMi's growth during their partnership, stating, "NMi has been a highly successful investment for LLCP. We are proud to have supported the company and its management team in building a market-leading platform that is well positioned for continued growth."

Luc Sandmann, Director of LLCP Benelux, added more context to LLCP's involvement, emphasizing that NMi's remarkable transformation exemplifies LLCP's sector expertise and its approach to value creation. He remarked, "We are pleased to have supported NMi in achieving this impressive growth over the last five years."

A New Chapter for NMi

Yvo Jansen, the CEO of NMi, acknowledged the pivotal role LLCP played in the company's substantial growth. He noted, "Our entire team is grateful for LLCP's close support and collaboration through this phase of unprecedented growth. With a strong foundation in place, NMi is ready to embark on a new chapter with the support of a new partner."

The transaction marks LLCP Europe II SCSp's first exit, reflecting the firm’s commitment to strategic investments, and is notable as LLCP's 24th successful exit since the year 2020.

In collaboration with financial advisors Houlihan Lokey and Rothschild & Co and legal counsel NautaDutilh N.V., LLCP is set to navigate the completion of this transaction, which is pending customary regulatory approvals and works council advice. This exit underscores LLCP’s strategic foresight, as it looks to reinvest in future growth opportunities across various sectors.

About Levine Leichtman Capital Partners

Founded over 41 years ago, Levine Leichtman Capital Partners specializes in middle-market private equity investments. LLCP has a robust track record across targeted sectors, employing a unique Structured Private Equity approach that combines debt and equity capital to provide management teams with flexible growth options. With a management history of around $17.2 billion in institutional capital, LLCP stands as a prominent player in the investment landscape, with its operations spanning multiple countries, having offices in major global cities such as Los Angeles, New York, London, and Amsterdam.

In conclusion, LLCP’s sale of NMi Group not only represents a successful exit but also illustrates the firm's effective strategy for fostering growth within its portfolio companies. As NMi prepares for a new partnership with Bridgepoint, it stands poised for future advancements in the rapidly evolving TIC landscape.