Transactions - Business services

Clairfield advised the shareholders of RAS Group on its partnership deal between RAS SCI, the UK’s leading provider of supply chain assurance and compliance solutions, and CERTANIA, a global Testing, Inspection & Certification (TIC) specialist.

Audit Process, a hydraulic engineering company, was sold to Groupe Betem, a firm specialised in building and infrastructure projects.

ITQ Group, a major French player in electronic security technologies, acquired Exaqtworld.

Grindrod Limited acquired the remaining 35% interest in the share capital of Terminal de Carvão da Matola (TCM) from Vitol Mauritius Limited, for a purchase consideration of USD 77 million (R1.36 billion).

Svalner Group, a tax and transaction advisory firm based in Sweden and Finland, formed a new premier group with Atlas Tax Lawyers, a leading Dutch tax advisory firm.

ITQ Group, a major French player in electronic security technologies, completed its first LBO with Kresk Développement.

Schwabe, Ley & Greiner (“SLG”) the leading corporate treasury advisory company in the DACH region, was sold to X1F Group, a management and technology consultancy group.

Pactic Group, a crossborder, e-commerce delivery platform, was sold to SAMEDAY, owned by eMag Group.

Edmond Shipway, a leading independent construction and property consultancy, merged with Naismiths.

Nordic Climate Group, a leading provider of services and installations of cooling and heating systems, acquired T&S Klimaattechniek, a Dutch installation company focused on cooling systems.

Nordic Climate Group, a leading provider of services and installations of cooling and heating systems, acquired Compair Airconditioning, a Dutch installation company focused on climate control and heat pumps.

Ariadne, a leading Italian player in digital transformation and system integration services, was sold to DGS, the largest system integrator in Italy specialising in Open-Source Liferay technology.

Sunshine Air Conditioning, a provider of HVAC maintenance, repair, replacement, and installation services, was sold to Legacy Service Partners, backed by Gridiron Capital.

Russell Landscape Group, a commercial landscape services provider, was recapitalised by The Sterling Group.

Gyrus Capital SA sold Intellera Consulting SpA, a Milan-based provider of administrative management and general management consulting services, to Accenture PLC.

Setpoint Building Automation Inc., a leading building automation solutions provider, sold a controlling interest of its equity to management and other third-party investors.

Core Asset Co, an asset performance professional services business, was sold to COSOL Limited [ASX: COS], a global provider of asset management solutions.

U.S. Cabinet Depot, wholesale distributor of ready-to-assemble kitchen and bath cabinets and accessories, was sold to The Riverside Company.

Entek, a leading provider of commercial HVAC, building automation, and energy services, was sold to PremiStar.

The Courier Guy, South Africa’s top e-commerce courier, was sold to Adenia Capital.