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In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 adopted for its implementation, as amended and supplemented, the Competition Council makes available to the public the “operation summary” below, containing the information provided by the parties.
This information was prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 adopted for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.
Names of the companies and groups concerned:
- The indirect acquirer: “CapVest Partners LLP”;
- The direct acquirer: “Robinson BidCo SAS”;
- The target: “TSG Solutions Group SAS” and its subsidiaries.
Nature of the operation
- Exclusive takeover.
Economic sectors concerned
- Installation and maintenance services for fuel dispensers and associated technical equipment in service stations;
- Provision of electrical installations.
Deadline for interested third parties to submit their observations
- 10 days from the date of publication of this press release, i.e. March 23, 2026.
NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES
The Competition Council received notification of an economic concentration project concerning the exclusive takeover by funds managed and/or advised by the company “CapVest Partners LLP”, through the company “Robinson BidCo SAS”, of the company “TSG Solutions Group SAS” and its subsidiaries.
“CapVest Partners LLP” is a limited liability company under English and Welsh law, registered with the UK Companies House under number OC342888, and headquartered at 4th Floor 100 Pall Mall, London, SW1Y 5NQ. “CapVest Partners LLP” is a private equity firm specializing in resilient sectors. Its main areas of activity are fast-moving consumer goods, healthcare, and essential services. It primarily invests in companies located in Europe and North America.
“Robinson BidCo SAS” is a simplified joint-stock company under French law, registered with the Paris Trade and Companies Register under number (994 688 000), and headquartered at 3, boulevard de Sébastopol, 75001 Paris. “Robinson BidCo SAS” is solely controlled by funds managed and/or advised by the company “CapVest Partners LLP” and is newly created for the purpose of carrying out the operation.
“TSG Solutions Group SAS” is a simplified joint-stock company under French law, registered with the Nanterre Trade and Companies Register under number (883 750 861), and headquartered at Centre d’Affaires la Boursidière, 92350 Le Plessis-Robinson, France. Through its directly and indirectly controlled companies, it is active in the design, installation, and maintenance of energy infrastructures and equipment for mobility, serving both public and private service stations, mobility hubs, and corporate fleets. It also provides associated energy infrastructures, including solar panels, electrical cabinets, transformers, and battery storage systems. Additionally, through its directly and indirectly controlled companies, it also carries out turnkey multi-energy station projects, including compressed natural gas, liquefied natural gas, and hydrogen solutions.
Done in Rabat, March 12, 2026.
