Towerbrook-backed GSF Group to acquire Ithaque Group for €200m.

Towerbrook-backed GSF Group, a French multiservice provider specializing in cleaning, hospitality, and facility services, agreed to acquire Ithaque Group, a French corporate services group focused on hospitality and operational marketing, for €200m. “This would be a major step to strengthen our development in on-site services. We would be uniting the strengths of two leaders in our respective core businesses—cleaning, hospitality, and operational marketing,” Christophe Cognée, GSF Group Chairman of the Executive Board.