Kanalservice Group (“KSG”), a portfolio company of Ufenau Continuation 4, has successfully merged with Grupo SASTI (“SASTI”), a portfolio company of Ufenau VI German Asset Light. Together, KSG and SASTI become the leading full-service provider of underground infrastructure maintenance in Europe with operations in 7 countries, more than 2’200 employees and sales of over EUR 350m.
The combined business creates an even stronger platform with complementary capabilities, serving a diverse client base across multiple sectors whilst leveraging advanced operational expertise and a broad suite of services, positioning it for accelerated growth and continued market expansion.
Established in 1958 and headquartered in Switzerland, KSG is a full-service European maintenance provider for critical infrastructure services. The company delivers end-to-end inspection, cleaning and maintenance services to more than 30’000 customers across corporates, municipalities and private households. KSG operates across Switzerland, Germany, the Netherlands, Belgium and the UK.
Andreas Petrikis, CEO of KSG, commented: “This merger represents a key milestone for KSG and underscores Ufenau’s commitment to value creation. By merging SASTI’s expertise with KSG’s operational platform, we are expanding our one-stop-shop offering into the Iberian market and further strengthening our service capabilities.”
Ralf Flore, Managing Partner at Ufenau, says: “We are thrilled to continue our support of KSG with the strategic merger of SASTI, which has been part of the Ufenau portfolio since 2021 and has built a leading market position through buy-&-build in Iberia. Bringing SASTI together with KSG is the next logical step to unlock further growth within the broader KSG platform as we are creating a stronger, more diversified platform that is well positioned for continued growth across the European underground infrastructure maintenance market. We look forward to this next phase of development with the combined businesses.”
About Ufenau Capital Partners
Ufenau Capital Partners is a privately-owned Swiss Investor Group headquartered at lake Zurich which advises private and institutional investors with their investments in private equity. Ufenau is focused on investments in service companies in German-speaking Europe, Iberia, Poland, the Benelux region, the UK and the US. Ufenau invests in Business Services, IT-Services, Education & Lifestyle, Healthcare Services, and Professional/Financial Services sectors. Since 2011, Ufenau invested in c. 500 service companies. Through a renowned group of experienced Industry Partners (owners, CEOs, CFOs), Ufenau has an active value-adding investment approach at eye-level with entrepreneurs and managers. Ufenau advises capital of EUR >5.0bn.
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