Castik Capital Acquires TBAuctions

TBAuctions (Castik Capital) Acquires Epic-Auctions

April 26, 2023

E-Commerce

TBAuctions, the Europe-focused online B2B auction platform backed by Castik Capital, has acquired Dutch Epic-Auctions. The add-on expands TBAuctions' reach in agricultural, transport, earthmoving and construction equipment auctions, adding ~10,000 lots and €30 million in annual hammer turnover to the group.

TBAuctions (Castik Capital) Acquires Auktionshuset dab

June 8, 2023

E-Commerce

TBAuctions, a Castik Capital-backed European online auction platform, has acquired Danish auction house Auktionshuset dab. The deal brings Auktionshuset dab’s insolvency and project-auction expertise and Danish market coverage into TBAuctions’ ATLAS platform to accelerate growth and expand the group’s Nordic footprint.

TBAuctions to Integrate Klaravik as Part of European Roll-out

June 2, 2022

E-Commerce

TBAuctions (majority-owned by funds managed by Castik Capital, with Summa Equity as a minority shareholder) has signed a declaration of intent to join forces with Klaravik AB, a Karlstad-based online auction platform for used heavy machinery, vehicles and equipment. The transaction is an add-on consolidation aimed at accelerating Klaravik’s European expansion and scaling TBAuctions’ position as a leading online auction marketplace across Europe.

Castik Capital Acquires Majority Stake in Andra Tech Group

May 14, 2024

Manufacturing

Funds managed by Castik Capital S.a.r.l. have agreed to acquire a majority stake in Andra Tech Group from funds advised by Equistone Partners Europe, Mountainview Capital Partners and management; Equistone and management will remain minority shareholders. Andra Tech Group, a Netherlands-headquartered group of precision component manufacturers employing ~700 people across 11 sites in the Netherlands and Germany, will pursue an accelerated growth strategy supported by Castik, including geographic expansion and capability development.

TBAuctions Acquires Surplex to Expand Across Europe

August 7, 2024

E-Commerce

TBAuctions has acquired Surplex in a transaction that closed on August 7, 2024. The deal expands TBAuctions' geographic footprint across Europe and adds deep industry vertical expertise in metal and woodworking while combining the platforms' scale, traffic and team.

Castik Capital Acquires Majority Stake in WATR Group

November 27, 2024

Environmental Services

Funds managed by Castik Capital S.à r.l. have agreed to acquire a majority stake in WATR Group from funds advised by Borromin Capital. WATR Group’s CEO Steffen Saur and the executive team will remain and invest alongside Castik as the company pursues capacity expansion, capability development in water treatment services and potential geographic growth in Germany and the Netherlands.