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Announced

Completed

Castik Capital-backed Customs Support completed the acquisition of Porath Customs Agents.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Media Agencies

Private Equity

Majority

Friendly

custom services

digitalisation services

Completed

Single Bidder

Germany

Private

Poland

Synopsis

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Castik Capital-backed Customs Support, a digital customs broker in Europe, completed the acquisition of Porath Customs Agents, an operator of a customs agency intended to facilitate customs and logistics across Europe. Financial terms were not disclosed. “Offering Europe-wide, digital customs solutions from a single point of contact for our customers is an idea that has linked Porath and Customs Support for a long time. I am very pleased that Porath, as a customer-centric customs specialist, and Customs Support, as a leading digital customs broker, are now going on a joint path," Thorsten Porath, Porath Customs Agents Managing Director.

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