Eight Advisory supported SPIE on the acquisition of a majority stake in ICG Group

Eight Advisory supported SPIE on the acquisition of a majority stake in ICG Group

Eight Advisory provided financial and tax due diligence services to SPIE on the acquisition of a majority stake in ICG Group in Germany.

SPIE is the independent European leader in multi-technical services in the areas of energy and communications. Its 50,000 employees are committed to achieving the energy transition and responsible digital transformation alongside its customers. SPIE’s positioning and multiple areas of expertise enable to help them in four strategic markets: Smart city, efficient buildings, Energy and Industry services.

 

ICG Group, based near Stuttgart, operates in Germany in the telecommunication infrastructure (fibre and 5G networks) sector, covering the entire value chain to provide turnkey services to its customers, such as network operators, infrastructure providers and municipalities. SPIE has acquired approximately 90% of the German company’s share capital. The management of ICG Group, who will remain in place, retains the remaining shareholding.

 

“We are delighted to have supported SPIE in this transaction, which will enable it both to strengthen its position in the fibre market, especially in Germany, a large European market with untapped deployment potential, and to enter the 5G mobile telecoms infrastructure market”, said Michael Wahl, Partner at Eight Advisory.

 

Eight Advisory team members supporting on this transaction:

  • Financial Due Diligence: Michael Wahl, Partner, Florian Mühl, Senior Manager, Ismail Kacmaz, Manager, Danka Ruzic, Manager
  • Tax Due Diligence: Matthias Hogh, Partner, Frank Wallbott, Director, Jan Linnemann, Manager and Tamer Aydemir, Senior

Michael

Wahl

Partner

Transaction Services

Eight Advisory Frankfurt

Matthias

Hogh

Partner

Tax

Eight Advisory Frankfurt

Your message has been sent
Thank you, your application has been sent.

Report request

Similar
Articles

Deals

EIGHT ADVISORY supported EFESO Management Consultants as part of its acquisition of the supply chain consulting team of aioneers

12 Apr 2024

Read more

Corporate News

Eight Advisory supported Ardian and Staci’s management team on the sale to bpostgroup

11 Apr 2024

Read more

All the news

Your message has been sent
Thank you, your application has been sent.

What is the subject of your request?

  • General questions
  • Jobs
  • Information for the press

Specify your request

Choose an office

  • Eight Advisory London

  • Eight Advisory Paris

  • Eight Advisory Rennes

  • Eight Advisory Nantes

  • Eight Advisory Lyon

  • Eight Advisory Marseille

  • Eight Advisory Brussels

  • Eight Advisory Frankfurt

  • Eight Advisory Munich

  • Eight Advisory Hamburg

  • Eight Advisory Zurich

  • Eight Advisory Amsterdam

  • Eight Advisory Cologne

  • Eight Advisory Madrid

  • Eight Advisory New York

Application

Unsolicited application

Specify your request