.
MergerLinks Header Logo

New Deal


Announced

Fremman Capital to acquire a stake in VPS from IK Investment Partners for $200m.

Financials

Edit Data
Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Cross Border

Disposal

Private Equity

Netherlands

Friendly

Acquisition

Single Bidder

Pending

inspection services

Oil Equipment and Services

testing inspection and certification

Synopsis

Edit

Fremman Capital, a private equity firm, agreed to acquire a stake in Veritas Petroleum Services, a fuel management company, from IK Investment Partners, an investment firm, for $200m. "IK has supported us in developing a new sales strategy, investments in additional laboratory equipment and multiple acquisitions, enabling us to better serve our clients, which in turn creates a positive ecological impact," Malcolm Cooper, VPS CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US