Add-on Acquisition • Business Services

IFS Group Acquires SET Industrial Services

On August 16, 2018, IFS Group acquired business services company SET Industrial Services

Acquisition Context

This is IFS Group’s 1st transaction in the Business Services sector.
This is IFS Group’s 1st transaction in the United States.
This is IFS Group’s 1st transaction in Kentucky.

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M&A Deal Summary
Date	August 16, 2018
Target	SET Industrial Services
Sector	Business Services
Buyer(s)	IFS Group
Deal Type	Add-on Acquisition

Target Company

SET Industrial Services

Henderson, Kentucky, United States

SET Industrial Services, Inc. is an integrated provider of industrial cleaning and related facility support services. SET is dedicated to building long term client relationships founded on trust, integrity, hard work and a dedication to provide value to its customers through increased operating efficiencies, reduced downtime and improved safety environments.

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Buyer Overview 1

Buyer

IFS Group

Birmingham, Michigan, United States

Category	Company
Sector	Business Services

DESCRIPTION

IFS Group is a holding company that provides non-discretionary industrial and field services supporting power generation and process industries.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Kentucky	1 of 1
Country: United States	1 of 1
Year: 2018	1 of 1

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