Announced
Completed
Financials
Tags
Acquisition
Germany
engineering resourcing
industrial machinery
Machinery: Industrial
Single Bidder
Private Equity
Majority
Cross Border
Private
Completed
Friendly
Synopsis
Oaktree Capital-backed The Specialist Group, a provider of technical engineering specialists, completed the acquisition of iks Engineering, an engineering resourcing provider in Germany. Financial terms were not disclosed. The acquired entity will operate under TSG's flagship label STAR. The acquisition accelerates STAR's successful growth journey in Germany and serves as an important milestone in its ambitions to become the leading technical resourcing services provider for Europe's energy transition needs.
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