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
UKAT Group has acquired Bayberry Limited
UK Addiction Treatment (UKAT) Group, a leading UK provider of residential addiction, mental health and behavioral health treatment backed by Sullivan Street Partners, has acquired Bayberry Limited, a specialist mental health and wellbeing treatment provider. Joining UKAT enables Bayberry to preserve continuity of care for patients and referral partners, retain the strength of its clinical team and benefit from UKAT’s operational infrastructure, referral network and marketing channels. This partnership supports Bayberry’s next stage of development while preserving the qualities that differentiate its service offering.
Learn more360 Experience Group has merged with GoodFellows
360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.
Learn moreSAP Landscapes has secured investment from Renatus Capital Partners
SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.
Learn more