In a deal highlighting the reach of Clairfield’s business services team, Ser.Nav Group, an Italian leader in customs brokerage, was acquired by the Dutch group Customs Support, a Castik Capital portfolio company.
Clairfield advises Ser.Nav Group on the sale to Customs Support, a Castik Capital portfolio company
Ser.Nav Group, an Italian leader in customs brokerage, was acquired by the Dutch group Customs Support, a Castik Capital portfolio company.
The transaction involved team members in Italy, the Netherlands, and Germany working in concert to bring the best buyer and terms. With the Clairfield business services group, serious potential buyers were located in seven countries. Castik, a Germany private equity group and recent new owners of Customs Support, moved quickly to exclusivity as Ser.Nav was a perfect fit for its buy-and-build strategy.
Ser.Nav Group provides services in customs operations, customs brokerage, and shipping agent operations to more than 300 clients. Ser.Nav has built its presence in 17 main strategic locations across Italy.
Customs Support provides customs brokerage services with 500 customs specialists and 100 Brexit experts. The company is currently active in The Netherlands, Belgium, Germany, France, United Kingdom, and Poland. With this transaction, Italy is added to the list.
Clairfield International acted as exclusive financial advisor to Ser.Nav Group.
“We are excited to become part of Customs Support. Both companies have a shared culture of focusing on seamless, high-quality service and providing the best solutions to our clients. There is clearly a great fit for our customers and the people working at Sernav. We strongly believe that Sernav and its customers will benefit from the European network of Customs Support and combined efforts to advance technological innovation in the customs sector.”
— Mr. Biffignandi, Mr. Stanzione, and Mr. Pisano, shareholders in Ser.Nav
Business services
Sale
Advisor to the seller
Sectors :
Business services
Countries involved :
Germany
Italy
Netherlands
Deal team :
Similar transactions
Customs Support Group, a European customs services provider (backed by Castik Capital), acquired Italian companies Mollica and MACC (Gruppo Mollica).
Business services
Acquisition
Advisor to the buyer
Customs Support Group, a European customs-services provider backed by Castik Capital, acquired UK Customs Solutions, a UK-based customs broker.
Business services
Acquisition
Advisor to the buyer
One of the Czech largest operators of night-time distribution networks in the Czech and Slovak Republics, OptimNet Solutions, has been sold to the German provider of logistics services, Hellmann Worldwide Logistics International.
Business services
Sale
Advisor to the seller
Carlbom Shipping, which has served UK and international shipping clients since 1897, was acquired by Pentagon Freight Services, the world’s leading privately owned logistics provider to the energy industries.
Business services
Sale
Advisor to the seller
Brisbane Maritime Pilots Pty Ltd (BMP), a provider of maritime piloting services, entered a partnership with Auriga Group, also an Australian maritime pilotage service provider.
Business services
Partnership
Advisor to Brisbane Maritime Pilots Pty Ltd
CER Cargo Holding, a leading privately-owned rail freight cargo company, raised EUR 6.3 million from Széchenyi Funds, a state‐owned private equity fund.
Business services
Fund raise
Advisor to CER Cargo Holding
Frigo’s‐Heerenberg, a Dutch cold store company providing temperature‐controlled storage of food products, was sold to Lineage Logistics, the world’s largest provider of innovative temperature‐controlled logistics solutions.
Business services
Sale
Advisor to the seller
The management team of Transports Murie acquired the company in a management buyout.
Business services
Acquisition
Advisor to the buyer
