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Business Description

Intero is a technology-enabled asset inspection services specialist focused on the processing infrastructure, utilities and critical infrastructure, providing in-line inspection services for difficult-to-inspect pipelines using in-house developed inspection technologies. In addition, Intero provides environmental services (e.g. emission monitoring and pipe management) and industrial maintenance services, essential for the maintenance cycle of critical and processing infrastructure assets. Intero is headquartered in Tricht (NL), with technology centers in Europe and North America and local field operation teams globally, with a total workforce of 509 employees.

Country

Netherlands

Sector

Asset Inspection Services

Since

2024

Investment Thesis

Intero provides its mission-critical services in a non-cyclical market with a recurring nature of demand and long-term steady growth on the back of ongoing technological advancements and increasing health & safety standards, enlarging the in-scope asset base and inspection frequencies. The company holds a market-leading position within the difficult-to-inspect niche with a differentiated positioning through in-house developed inspection technology, with potential to further expand its market share. In addition, the management team has built a high-quality organization and platform for further growth, incl. via targeted add-on M&A.

“With the backing of our partners at Rivean, I am confident that Intero will accelerate growth, expand and diversify our service offerings, and become a vital partner helping drive success for our customers. We look forward to this exciting new phase for Intero, where we will continue to expand our unique blend of technological innovations, critical inspection, advanced environmental services, and industrial services. This will ensure safety, integrity, and enhanced performance of mission-critical infrastructure around the world.“

Rienk de Vries

CEO
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