Castik Capital Acquires Majority Stake in ARTUS
July 15, 2022
Castik Capital (via its EPIC II fund) has acquired a majority stake in ARTUS, a leading German property damage restoration and disaster-recovery services provider, in a partnership with ARTUS founders and management. ARTUS operates across Germany (headquartered in Isernhagen and Leipzig) with over 400 employees across 28 branches and offers fire, water and construction-drying services, having processed more than 10,000 claims in 2021.
- Buyers
- Castik Capital
- Targets
- ARTUS
- Sellers
- Josef Bölle, Hendrik Poppinga, Benjamin Schmittgall, Ingo Ites, Thomas Born, ARTUS management team
- Industry
- Environmental Services
- Location
- Germany
- Transaction Type
- Buyout
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