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Announced

Groupe HLD to acquire a majority stake in TSG Solutions.

Synopsis

Groupe HLD, the investment company focused on the support and the development of European companies, agreed to acquire a majority stake in TSG Solutions, the European provider of multi-energy distribution solutions for mobility. Financial terms were not disclosed. "We are very pleased to have the opportunity to support TSG’s strategic growth project led by Baudouin, Jean-Marc and their teams. TSG track record has been outstanding. It ideally positions the Group today to play a key role in the rapid development of network infrastructures essential to the powerful diversification trends at work in the energy distribution industry.We are confident that TSG will continue to demonstrate the strength of its value proposition for both its сustomers and partners over the next few years," Jean-Bernard Lafonta, HLD Partner and Co-Founder and Cédric Chateau, HLD Partner and Chairman of the Investment Committee.

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