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
Roemer Reijalt
Oaklins Netherlands
Related deals
Census Group has acquired Lecklé Oy
Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).
Learn moreTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreOEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn more