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Value Undisclosed
Summary
Powertek, a fast-growing provider of EPC services, has been sold to TSG UK Solutions in a transaction designed to accelerate expansion plans.
Summary of transaction details:
- Value: Not Disclosed
- Sector: Industrials & Energy
- Advisor: KBS Corporate
- Key Entities: Powertek, TSG UK Solutions
- Location: UK
Note: The acquisition is expected to strengthen TSG's Charge & Power segment in the UK and provide high-value capabilities to address the rising demand in electrification and infrastructure upgrades.
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