BI Convert
- acquired by -
TSG

Aventis acted as TSG’s financial advisor on the acquisition of BI Convert. TSG is the European leader in technical services for responsible mobility solutions. BI Convert is a Poland-based company specializing in electrical installations and maintenance.

Background

TSG is a key enabler of the energy transition for mobility. With a presence in 30 countries, TSG designs, builds and maintains all types of energy distribution infrastructures for mobility: electric vehicles charging network, LPG/LNG, hydrogen, and also fuel/biofuel service stations.

BI Convert is a well-regarded company specializing in electrical installation and maintenance services in Poland. TSG aimed to fortify its leadership in supporting the energy transition for the mobility of its clientele base in Eastern Europe and was seeking a strategic acquisition in the region.

Transaction details

The acquisition of BI Convert by TSG is a strategic transaction aimed at bolstering TSG’s electrical services capabilities and geographic footprint in Eastern Europe.

This move aligns with TSG’s long-term vision of leading new energy for mobility, particularly in supporting the global shift towards electric mobility and sustainable energy solutions.

BI Convert’s robust expertise in electrical installation and maintenance services provides TSG with additional operational capacity and enhances its ability to deliver top-tier electrical installations in Poland.

BI Convert will benefit from the extensive commercial synergies created by joining TSG. This integration will enable BI Convert to continue providing a comprehensive range of technical solutions while accessing new opportunities for growth and development within the larger TSG network.

BI Convert’s founder and leadership will remain integral post-acquisition, ensuring continuity and fostering integration within TSG.

Aventis Advisors’ role

Aventis Advisors, along with Atout Capital, a fellow Globalscope M&A network member, advised TSG on the acquisition. We leveraged our deep regional expertise and extensive knowledge of the Polish market throughout the transaction process.

By coordinating the process through target identification, approaching the targets, due diligence, negotiating terms, and offering strategic insights, Aventis Advisors ensured that TSG could close a successful deal in Poland.