M&A Deal Summary

TSG Acquires Gilbarco Veeder-Root s European service operations

On September 29, 2025, TSG acquired information technology company Gilbarco Veeder-Root s European service operations from Gilbarco

Acquisition Highlights
  • This is TSG’s 1st transaction in the Information Technology sector.
  • This is TSG’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2025-09-29
Target Gilbarco Veeder-Root s European service operations
Sector Information Technology
Buyer(s) TSG
Sellers(s) Gilbarco
Deal Type Divestiture

Target

Gilbarco Veeder-Root s European service operations

United Kingdom
Gilbarco Veeder-Root's European service operations comprise service and maintenance businesses in eight European countries: the United Kingdom, Denmark, Finland, Norway, Sweden, Estonia, Latvia, and Lithuania.

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Buyer(S) 1

Buyer

TSG

Le Plessis-Robinson, France

Category Company
Founded 2016
Sector Business Services
Employees5,600
Revenue 930M EUR (2019)
DESCRIPTION

TSG designs, builds and maintains energy distribution infrastructure for mobility. The Group has extended its expertise, initially focused on traditional energies, to new energy sources: electricity, gas, biofuels and hydrogen. TSG was founded in 2016 and is based in Le Plessis-Robinson, France.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Gilbarco

Greensboro, North Carolina, United States

Category Company
Founded 1870
Sector Information Technology
DESCRIPTION

Gilbarco, Inc. (dba Gilbarco Veeder-Root) is a technology provider for retail and commercial fueling operations. They offer the broadest range of integrated solutions from the forecourt to the convenience store and head office.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-17 Global Traffic Technologies

St. Paul, Minnesota, United States

Global Traffic Technologies is a provider of traffic management technology to provide solutions that are deployed in 60,000 intersections and 30,000 vehicles in more than 1,500 cities worldwide including every U.S. state. Global Traffic Technologies was formed in 2007 and is based in St. Paul, Minnesota.

Sell $107M