Deal typeTransaction Services
IndustryManufacturing
Client nameTP Group plc
BDO has advised TP Group Plc, he specialist services and engineering group, on the acquisition of the entire share capital of Sapienza Consulting Holding BV.
Sapienza, headquarter in the Netherlands, is a privately-owned group of services and software companies serving the space and defence sectors over six European countries.
Sapienza provides specialist technical consultancy services for space missions and operations to international and government organisations, including the European Space Agency (""ESA""), NATO and EUMETSAT.
The acquisition by TP Group will bring substantial market presence in the highly complementary space sector, along with new customers, skills and technologies and a much-enhanced footprint in Europe.