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Announced

Torqx to acquire a majority stake in Descroes.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private Equity

Friendly

Belgium

fumigation services

heat treatment

Acquisition

Private

pest control

Single Bidder

Pest Control

Pending

Synopsis

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Private equity firm Torqx Capital Partners is set to acquire a majority stake in Descroes, a provider of fumigation, disinfection and other good treatment services. Financial terms were not disclosed. “We are impressed by the entrepreneurship and passion of Maxim, which has led to the Company’s impressive growth trajectory during the last years. Descroes will benefit from our expertise and experience in scaling up to accelerating growth. We are highly enthusiastic about our partnership with Maxim and look forward to supporting the Company in its next phase of development," Cedric De Dycker, Torqx Partner.

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