Announced

Completed

TSG completed the acquisition of Ruven Baumgärtner Elektrotechnik and NRGreen.

Synopsis

TSG, a technical services provider for mobility solutions, completed the acquisition of Ruven Baumgärtner Elektrotechnik, an electrical design, installation and maintenance services provider, and NRGreen, a company that provides design, installation, and maintenance of solar panels and battery systems for commercial properties. Financial terms were not disclosed. "With these two additional acquisitions, we are continuing to execute our strategy: strengthening our electrical and solar capabilities, expanding our European footprint, and offering ever more integrated solutions to support our clients’ energy transition. Our teams’ know-how is central to our ability to grow and transform," Jean-Marc Bianchi, TSG President and CEO.

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MergerLinks - TSG completed the acquisition of Ruven Baumgärtner Elektrotechnik and NRGreen.