Context

TSG Group acquired Tepu Holding to significantly bolster its subsidiary, TSG Switzerland. This transaction is part of an aggressive buy-and-build strategy, marking the group’s 45th acquisition in four years. The deal allows TSG to nearly double its Swiss workforce (increasing from 105 to 200 employees) and adds €40 Million in annual revenue. Strategically, the acquisition integrates key expertise in medium-voltage and photovoltaic systems, which are essential for delivering "turnkey" electric charging hubs that incorporate local energy production and management.

Target

Tepu Holding (Pfanner & Frei + re.com Elektroanlagen) operates two specialized entities in the electrical solutions space. Pfanner & Frei and re.com Elektroanlagen provide expertise across the entire electrical value chain, including low and medium-voltage installations, building automation (smart buildings), IT networks, and lighting. The group has developed a strong competitive edge in electric vehicle charging infrastructure (EVCI) and photovoltaic (PV) solar projects. With a team of 95 professionals, the group provides critical technical skills and established geographical reach in the Swiss market.