Merger • Business Services

SI.TEQ Group Acquires Santeq

On October 7, 2022, SI.TEQ Group acquired business services company Santeq

Acquisition Context

This is SI.TEQ Group’s 2nd transaction in the Business Services sector.
This is SI.TEQ Group’s 2nd transaction in Germany.

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M&A Deal Summary
Date	October 7, 2022
Target	Santeq
Sector	Business Services
Buyer(s)	SI.TEQ Group
Deal Type	Merger

Target Company

Santeq

Reichenschwand, Germany

Santeq offers fire, water or mold damage management and comprehensive renovation services. Santeq is based in Reichenschwand, Germany.

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Buyer Overview 1

Buyer

SI.TEQ Group

Germany

Category	Company
Sector	Business Services
Employees	150

DESCRIPTION

SI.TEQ Group of companies is a national network of independent specialists for the restoration of water, fire and mold damage. SI.TEQ Group is based in Germany.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Business Services	2 of 2
Type: Merger	2 of 2
Country: Germany	2 of 2
Year: 2022	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2022-10-07	Siccum Kropelin, Germany Siccum range of services includes the complete processing of water damage, fire damage and mold damage. Siccum was founded in 2005 and is based in Kropelin, Germany.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2022-10-07

Siccum

Kropelin, Germany

Siccum range of services includes the complete processing of water damage, fire damage and mold damage. Siccum was founded in 2005 and is based in Kropelin, Germany.

Buy

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