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Announced

Completed

Oaktree Capital-backed The Specialist Group completed the acquisition of iks Engineering.

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

Germany

engineering resourcing

industrial machinery

Machinery: Industrial

Single Bidder

Private Equity

Majority

Cross Border

Private

Completed

Friendly

Synopsis

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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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