Castik Capital and Abry Partners Acquire Majority Stake in Xexec

Castik Capital Acquires Majority Stake in AddSecure from Abry Partners

September 26, 2019

Telecommunications

Funds advised by Castik Capital acquired a majority of AddSecure from Abry Partners, with Abry retaining a minority stake and AddSecure management reinvesting. Castik will partner with AddSecure's management to accelerate the company's organic and acquisitive growth across Europe; financial terms were not disclosed.

Abry Partners and Castik Capital Acquire Reward Gateway

May 4, 2021

Cloud & SaaS

Reward Gateway, a UK-based SaaS employee engagement platform, has agreed to be acquired by private equity firms Abry Partners and Castik Capital from Great Hill Partners. The deal, announced May 4, 2021, will support Reward Gateway's next growth phase, funding product innovation and continued expansion (transaction expected to close in Q3 2021).

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.

Castik Capital Acquires Majority Stake in Aider

October 21, 2024

Accounting & Tax

Funds managed by Castik Capital have acquired a 55% majority stake in Norwegian accounting and consulting group Aider, with over 160 employees retaining a combined 45% ownership. The partnership gives Aider access to capital to continue its buy-and-build strategy, accelerate further acquisitions, expand in Norway and pursue longer-term Nordic growth.

Castik Capital Acquires Majority Stake in Element Logic

June 4, 2021

Logistics & Distribution

Funds managed by Castik Capital have agreed to acquire a majority stake in Element Logic, partnering with co-founders Dag-Adler Blakseth and Kjell Blakseth plus the management team and employees. Castik will support Element Logic's rapid organic expansion across Europe and help expand its service and software capabilities, with Ares providing financing and several advisors engaged on both sides.

Synacti Acquires Majority Stake in MyExpatTaxes (Software Spinner GmbH)

October 2, 2025

Cloud & SaaS

Synacti, a software-focused private equity firm, has acquired a majority stake in Software Spinner GmbH, the company behind MyExpatTaxes, a SaaS platform for US tax filing by Americans living abroad. The investment will provide capital and operational support to scale the product, expand offerings, and reach more expats worldwide while MyExpatTaxes continues to operate under its existing brand and leadership.