M&A Deal Summary

SI.TEQ Group Acquires Siccum

On October 7, 2022, SI.TEQ Group acquired business services company Siccum from Rigeto

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

M&A Deal Summary

Date 2022-10-07
Target Siccum
Sector Business Services
Buyer(s) SI.TEQ Group
Sellers(s) Rigeto
Deal Type Merger

Target

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.

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Buyer(S) 1

Buyer

SI.TEQ Group

Germany

Category Company
Sector Business Services
Employees150
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 STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Merger M&A Deals 2 of 2
Country: Germany M&A 2 of 2
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-07 Santeq

Reichenschwand, Germany

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

Buy -

Seller(S) 1

SELLER

Rigeto

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2013
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Rigeto is a private equity firm focused on acquiring and investing in family-backed businesses. The Firm seeks majority or minority positions in profitable companies with revenues between €5 and €100 million. Rigeto invests in a variety of industries including business and consumer services, agriculture, healthcare, software and IT. Rigeto was founded in 2014 and is based in Munich, Germany.


DEAL STATS #
Overall 1 of 2
Sector: Business Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Germany M&A 1 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-17 andcompany

Munich, Germany

andCompany is a holding company that brings together established, up-and-coming companies from the IT and digital services and software development sectors under its roof. andcompany is formed in 2022 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-17 SI.TEQ Group

Germany

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.

Buy -