Litecad has been acquired by The Specialist Group
February 2023 — Litecad, the Netherlands-based engineering firm and provider of technical secondment services, has been acquired by The Specialist Group (TSG), a leading provider of technical engineering specialists for sectors such as power, chemicals, infrastructure, renewables and life sciences. Together, TSG and Litecad will continue supporting clients in their transition towards new energy and sustainable operations.
Litecad has become highly recognized in the energy transition sector, providing technical specialists to the power, infrastructure and industrial sectors servicing clients such as Tennet, Siemens, Nuon and North H2. The company has approximately 150 specialists. Over the past few decades, Litecad has been involved in a variety of projects, including wind, hydrogen development and the realization of green energy hubs in the north of the Netherlands.
TSG is a platform that deploys technical engineering specialists on a project basis. The group serves over 350 clients across technical end-markets, with a focus on enabling the energy transition. TSG operates via six labels (STAR Group, Sentijn, Or-Quest, Litecad, Fellow and ECC Solutions) and provides regional coverage across the Netherlands, Belgium, Germany, Sweden and Austria, focusing on both experienced candidates and young professionals.
Our role in the transaction
Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholders of Litecad.
Talk to the deal team
Bente Rasenberg
Oaklins Netherlands
Roemer Reijalt
Oaklins Netherlands
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more