Leadec Acquires Servycat and Electro Servycat to Expand Service Portfolio in Spain

Deal News | Jan 16, 2025 | Triton Partners

Leadec Acquires Servycat and Electro Servycat to Expand Service Portfolio in Spain

Leadec, a portfolio company of Triton Fund IV, has expanded its operations in the food and beverage industry by acquiring Manteniments Industrials Servycat 2017, S.L.U. and Electro Servycat, S.L. The acquisition, effective from January 2, 2025, enhances Leadec's service offerings and customer base in Spain. Servycat, founded in 2007 and based in Vic, Barcelona, specializes in maintenance and installation services, primarily for the food and beverage industry. This strategic move aligns Leadec's capabilities with customer demands in Spain's robust industrial region, Catalonia, where the food and pharmaceutical industries are prominent. Leadec's leadership highlights the synergies and expanded service offerings brought about by this acquisition, as the company continues its growth in Spanish and international markets.

Sectors

  • Industrial Services
  • Food and Beverage
  • Manufacturing

Geography

  • Spain – The acquisition involves Servycat and Electro Servycat, which are based in Vic, Spain, and strengthens Leadec's presence in the Spanish market.
  • Germany – Leadec is a global company with operations anchored in Germany, where its parent company, Triton Partners, is headquartered.

Industry

  • Industrial Services – The acquisition focuses on industrial services such as maintenance and installations for factory and infrastructure settings, key specialties of Leadec and Servycat.
  • Food and Beverage – Servycat's specialization in the food and beverage industry aligns with Leadec's strategic focus, enhancing their service offerings in this sector.
  • Manufacturing – Both Leadec and Servycat operate in the manufacturing space, with services such as mechanical and electrical installations pertinent to the industry.

Financials

    Participants

    NameRoleTypeDescription
    LeadecAcquirerCompanyA Triton Fund IV portfolio company and global service specialist for factories and related infrastructure.
    Manteniments Industrials Servycat 2017, S.L.U.TargetCompanyA Spanish company specializing in maintenance and installation services for the industrial sector, particularly the food and beverage industry.
    Electro Servycat, S.L.TargetCompanyA sister company to Manteniments Industrials Servycat, focusing on electrical services.
    Triton PartnersPrivate Equity FirmCompanyThe private equity firm overseeing Triton Fund IV, which includes Leadec as a portfolio company.
    ServycatTargetCompanyA name used to collectively refer to Manteniments Industrials Servycat 2017, S.L.U. and Electro Servycat, S.L.
    Markus Glaser-GallionCEOPersonCEO of Leadec, quoted discussing the strategic benefits of the acquisition.
    Antoni CastroManaging DirectorPersonFounder and Managing Director of Servycat, emphasizing the opportunities opened by joining Leadec.
    Georgi TschumburidseSenior Vice President Continental Europe and UKPersonLeadec executive discussing the potential for expanding services in Catalonia.
    Paulina LujanManaging Director Leadec SpainPersonManaging Director of Leadec Spain, highlighting the expansion of the company's service capabilities in the region.