CapVest completes acquisition of TSG Solutions
The European energy-infrastructure services company operates in 30 countries, employs more than 7,000 people and generates over EUR1.4 billion in annual revenue.
Takeaways
- TSG operates in 30 countries and employs more than 7,000 people.
- The company generates more than EUR1.4 billion in annual revenue.
- HLD and management retained significant minority stakes.
CapVest completed its acquisition of a majority stake in TSG Solutions after receiving required approvals.
Paris-based TSG designs, installs and maintains critical energy infrastructure across power systems, electric-vehicle charging, solar, battery storage, biofuels, hydrogen and gas.
The company operates in 30 countries, employs more than 7,000 people and generates more than EUR1.4 billion in annual revenue.
Management and former majority owner HLD reinvested alongside CapVest as significant minority shareholders.
Financial terms were not disclosed.
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