CapVest Completes Acquisition of TSG Solutions

TSG Solutions Acquires Powertek Utilities and Van der Heijden in the UK and Netherlands

April 3, 2026

Energy

TSG (with support from HLD) continues its European acquisition strategy with two targeted deals: it is integrating Powertek Utilities in the United Kingdom and Van der Heijden in the Netherlands. The acquisitions broaden TSG’s capabilities in electrification, networks, and industrial infrastructure to better serve the energy-transition market.

TSG Group Acquires Ecosun Expert, Electricité Reiter & Grethen and Gevitec

March 11, 2025

Energy

TSG Group has completed three bolt-on acquisitions — Ecosun Expert S.A.S. (France), Electricité Reiter & Grethen S.A. (Luxembourg) and Gevitec BV (Belgium) — to strengthen its capabilities in photovoltaic energy, electric mobility and energy infrastructure across Europe. The deals expand TSG’s technical services footprint and deepen its turnkey solar and electrical installation expertise as part of an accelerated roll-up strategy supported by its investor HLD.

TSG (TSG Ibérica) Acquires HEMAG S.A.

June 24, 2022

Engineering Services

TSG, the European technical-services group for responsible mobility, has acquired Madrid-based electrical services and engineering firm HEMAG S.A. The deal brings HEMAG's ~160 engineers and technicians and €13m turnover into TSG's Iberian electrical division to accelerate EV charging and electrical infrastructure capabilities in Spain.

TSG Group Acquires S2D

November 11, 2021

Industrial Services

TSG Group (through TSG France) has acquired S2D, a Cordemais-based construction and technical-fluids installation specialist that designs, builds and maintains private fuel and lubricant stations for professional and industrial customers across France. The acquisition strengthens TSG’s capabilities and presence in the private fleet and industrial markets by adding S2D’s installation and maintenance expertise and nationwide technician network.

TSG Group Acquires MB El-Services ApS (MBES) in Denmark

June 10, 2021

Electrical Services

TSG Group has acquired MB El-Services ApS (MBES), an electrical works company based in Karlslunde, Denmark. The acquisition expands TSG’s electrical capabilities and local workforce in Denmark to support growing demand for EV charging station installations and energy-distribution infrastructure services.

Continental Mapping Consultants Acquires TSG Solutions

October 20, 2020

Data & Analytics

Continental Mapping Consultants, a Bluestone Investment Partners-backed geospatial company, has acquired TSG Solutions, Inc., a Carlsbad-based provider of situational awareness, GIS services and proprietary software (ViSAR, SiteScene). The add-on acquisition strengthens Continental Mapping's national security and critical-infrastructure geospatial capabilities and expands its presence in California.