Transactions - Business services

Rasa Floors, leading provider of replacement flooring solutions to the multi-family industry, successfully partnered with Saw Mill Capital.

Diversify Offshore Staffing Solutions Pty Ltd., a staff offshoring business, was sold to Hinduja Global Solutions Ltd., a global leader in the BPO industry with deep domain expertise.

Customs Support Group (“CSG”), Europe’s leading independent provider of customs services, acquired Osborn Customs Services Limited to further strengthen its local presence in the UK, with offices in close proximity to the key logistical hotspots. CSG is backed by Castik Capital, a leading European private equity investor that is supporting the long-term consolidation strategy.

Advantage Engineering Inc, a provider of prototyping, additive manufacturing, and low-volume production, was sold to SyBridge Technologies Inc., a global industrial technology company established by Crestview Partners in 2019.

ARX Equity Partners, a Central European midmarket private equity specialist, acquired a majority stake in WTS Klient, which is part of the global WTS network.

The leading Dutch healthcare staffer Tosca Medisch Interim (TMI) was sold to House of HR, one of the largest employment agencies of the Benelux.

The French company Socotec, active in the testing, inspection and control sector for the construction and infrastructure industry, known as TIC, acquired the majority shareholding of the Catalan BAC Engineering Consultancy Group, which works in the fields of civil and building engineering, energy, and quality control.

Customs Support Group, a European customs services provider (backed by Castik Capital), acquired Italian companies Mollica and MACC (Gruppo Mollica).

Bluefield Asset Management Specialists Pty Ltd sold its asset management and maintenance consultancy practice to Deloitte Australia.

Customs Support Group, a European customs-services provider backed by Castik Capital, acquired UK Customs Solutions, a UK-based customs broker.

DSV Assurantiegroep B.V., a Dutch privately-owned insurance intermediary, was sold to You Sure, a leading insurance distribution platform owned by IK Investment Partners.

NFP, a US-headquartered, private equity owned insurance broker and consultant, acquired KGJ Insurance Services Group.

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.

Frendy, the Finnish IT services platform backed by Procuritas’ funds, made its first add-on acquisition through the acquisition of twelve businesses.

TIPCO Treasury & Technology GmbH, an Austrian producer of treasury management software, was sold to Nomentia Oy, a leader in the same sector.

Alliance Automation, an industrial automation and electrical engineering company acquired 100% of APC Integration, a provider of electrical and automation solutions.

Kiwa, active in the Testing, Inspection and Certification (TIC) industry, was acquired by SHV, a family-owned company with a strong position in operational and selected investment activities, and management.

Procuritas, a mid-market Nordic private equity investor, acquired 12 IT services businesses across Finland.

Erbud, a leading Polish construction group listed on the Warsaw Stock Exchange (WSE:ERB), acquired Bilfinger Rohrleitungsbau (BRLB) from Bilfinger Group.

Ser.Nav Group, an Italian leader in customs brokerage, was acquired by the Dutch group Customs Support, a Castik Capital portfolio company.