JBR M&A transaction

TSG Netherlands and Kronenburg Techniek continue together

JBR acted as M&A advisor to TSG Netherlands in the acquisition of Kronenburg Techniek.

JBR Corporate Finance's deal team consists of: Harold Brummelhuis and Jelmer Haites.

Author: Harold Brummelhuis

Principal
LinkedIn

TSG Netherlands and Kronenburg Techniek are moving forward together.

JBR assisted TSG Netherlands in the acquisition of Kronenburg Techniek.

TSG Netherlands, part of TSG Group, has the ambition to shape the mobility and energy infrastructure of the future. The acquisition of Kronenburg Techniek fits perfectly with this ambition. The combination of both companies offers clear synergies: Kronenburg Techniek adds competencies in the fields of Electrical Engineering, Smart Energy Solutions and Fire Safety, while within these fields use can be made of the economies of scale, investment power and the efficient service department and organizational structure of TSG Netherlands.

Facts and figures

TSG

TSG Group is a European leader in technical services, with a focus on responsible mobility. TSG Group generates annual revenues in excess of €1.2 billion and operates in 30 countries. Within this, the Netherlands forms an independently operating part. With 8 focus areas, TSG offers a wide range of services to its customers. Within this vision, TSG actively acquires companies. The strategy is to achieve further economies of scale through acquisitions by offering total solutions for its customers, achieving purchasing advantages, administrative support, joint sustainability benefits and sharing and strengthening knowledge and expertise.

Kronenburg Engineering

Kronenburg Techniek is a technical service provider that, in addition to all-round Electrical Engineering and Technical Management, specializes in Fire Safety and Smart Energy Solutions, integrally combining energy generation -storage, asset control, energy trading and AI-controlled installations. The family-owned company has built a strong reputation over the past 60 years for providing customized solutions and delivering high-quality technical performance. The combination of TSG and Kronenbrug Techniek offers the scope to further develop and expand the above domains together.

Thursday, April 3, 2025

Press Release

Technical specialist service provider Kronenburg Techniek is part of the TSG Group

Over the years, Kronenburg Techniek has positioned itself as a leading specialist in the sector, with a focus on Fire Safety, Smart Energy Projects and Technical Management, in addition to its already existing activities in electrical engineering projects and inspections. The company has an experienced team of 62 employees, known for its high quality standards, craftsmanship and atypical solutions.

Future Vision
As part of the TSG Group, Kronenburg Techniek offers its expertise in Electrical Engineering, Smart Energy Solutions and Fire Safety Solutions. This connects to existing relationships of TSG and also adds new relationships. The focus of both parties is on promoting growth within the specializations and realizing integrations that take the services to a higher level. The shared vision and working method between Kronenburg Techniek and TSG ensure a smooth and energetic collaboration, which will enable both parties to continue to grow together and strengthen each other.

About Kronenburg Techniek

Founded 60 years ago, Kronenburg Techniek has operated for three generations as a service provider in electrical engineering projects and inspections. With the third generation, led by Ernst Kronenburg, the company has specialized in Fire Safety Solutions, Smart Energy Solutions, and Support. In these fields, Kronenburg Techniek is responsible for advice, consultancy, design, project realization and technical management.

About TSG

TSG (Technical Services Group) is an international organization operating in more than 30 countries, with more than 6,300 employees, about half of whom are service and installation engineers. The activities they specialize in can be divided into 8 focus areas, where the total solution is central in all cases:

TSG Charge - Consulting, supply, installation and maintenance of charging station projects.
TSG Systems - Development of fully integrated payment solutions.
TSG Fleet - Fleet management solutions for refueling, washing and electric charging.
TSG Fuel Retail - Turnkey solutions for commercial gas stations.
TSG Gas - Construction and maintenance of vehicle gas systems.
TSG Technics - Partner for building technologies, including electrical, plumbing and HVAC.
TSG Power - Supplier of battery storage systems for business and industrial markets.
TSG Solar - Installation, connection and maintenance of solar energy solutions.