# HLD in exclusive talks to take majority stake in TSG Group at about EUR 500M

Investment firm HLD has entered exclusive negotiations to acquire a majority stake in TSG Group, a fuel dispensing equipment supplier with EUR 650M revenue, at a valuation of nearly EUR 500 million. ICG is reported to provide a EUR 280 million unitranche to finance the deal.

- Type: Acquisition
- Announced: 2020-06-16
- Value: $560.0M (500.0M EUR)
- Status: announced
- Products: fuel dispensing equipment, fuel pumps, payment terminals, car wash equipment
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [HLD](https://endata.com/companies/6617.md) (acquirer)
- [TSG Group](https://endata.com/companies/6618.md) (target)
- [ICG](https://endata.com/companies/6619.md) (investor)

## Sources

- [capitalfinance.lesechos.fr](https://capitalfinance.lesechos.fr/deals/lbo/hld-valorise-tsg-group-pres-de-500-m-1215289), 2020-06-16: "L'opération valoriserait l'entreprise près de 500 M€."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.