TSG Acquires SITIM (Zagreb-based technical services provider)
April 22, 2021
TSG, a European provider of technical services for energy distribution and mobility, has acquired SITIM, a Zagreb-based company offering facility management, maintenance and engineering support for energy infrastructures. SITIM reported €10M revenue and about 90 employees in 2020; the deal expands TSG’s technical service capabilities and local footprint in Croatia.
- Buyers
- TSG Group
- Targets
- SITIM (SITIM Tehnička rješenja i servisi d.o.o.)
- Industry
- Industrial Services
- Location
- Croatia
- Transaction Type
- Buyout
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