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Digital Due Diligence, Transaction Advisory

OMMAX advised Castik Capital on the acquisition of Customs Support

OMMAX supported Castik Capital, a leading European Private Equity firm which just closed its second fund, EPIC II, at 1.25bn€, on the acquisition of Customs Support Group, a leading independent customs broker in Europe.

Munich, 02 November 2020 

OMMAX supported Castik Capital, a leading European Private Equity firm which just closed its second fund, EPIC II, at 1.25bn€, on the acquisition of Customs Support Group, a leading independent customs broker in Europe.

In preparation of the acquisition, OMMAX supported Castik Capital with a digital due diligence in which it examined the company’s digital performance, evaluating dimensions like digital market dynamics and search trends, digital competitive dynamics, digital readiness and performance assessment in order to come up with a digital value creation plan. Strong growth in Google searches (“digital search market”) for relevant keywords in the core countries provide a positive outlook for Customs Support Group. It is apparent that Customs Support Group already commenced on a journey to become a more “digital” player, with a lot of value creation potential still to go for. 

Dr. Stefan Sambol, Managing Partner at OMMAX, comments: “We are very happy to continue to support Castik, also with the investments in their new Fund. Castik Capital once again showed its ability to identify companies with great potential and highly promising business models. We are impressed by Castik’s understanding of the potential that is lying within digital markets and are looking forward to further joint projects.”

Do you want to know more about OMMAX’s experience in transaction advisory? Get in touch with Managing Partner Dr. Stefan Sambol: s.sambol[at]ommax.de .


ABOUT CASTIK CAPITAL

Founded in 2014, Castik Capital focuses on identifying and developing investment opportunities across Europe. The investments are made by the Luxembourg based EPIC funds. The first fund, EPIC I, has a volume of €1 billion and was raised in 2014/2015. The second fund, EPIC II, had its final close in October 2020 and a volume of €1.25 billion. The Castik employees have extensive knowledge and experience in the Private Equity markets, with a team that has been actively investing in transactions for over 25 years. The advisor to Castik Capital is Castik Capital Partners GmbH, based in Munich. 
For more information about Castik Capital, please visit https://www.castik.com/ 


ABOUT CUSTOMS SUPPORT GROUP

Customs Support Group is the neutral and dynamic partner in customs matters in Europe - a fast-growing company that stands for knowledge, speed and efficient solutions. Every day more than 450 customs specialists are ready to arrange customs matters for your company. The teams consist of different sector specialists.

To be the best partner for their customers, they have multiple locations across Europe and the United Kingdom. In addition to the import and export documentation, they can also provide you with Fiscal Representation, VAT and customs issues and guidance in the application of various permits and other projects related to customs. For more information about Customs Support Group, please visit https://www.customssupport.com/en
 

ABOUT OMMAX

OMMAX is a digital strategy consultancy based in Europe, specializing in sustainable digital value creation while catering to an array of mid-sized companies, large enterprises and more than 30 private equity firms around the world. Composed of >120 international experts and with >600 realized digital projects in the fields of digital strategy, digital operational excellence, data science, and transaction advisory services, OMMAX is a forerunner concerning holistic data-driven strategy consulting and end-to-end execution of digital solutions. More information: www.ommax-digital.com

Contact an expert

Do you want to know more about our experience in transaction advisory? Get in touch with Dr. Stefan Sambol