Pandea members Sancovia in Germany and Vista Capital in Belgium have successfully collaborated to close the acquisition of Maxi Cleaning Group by Kanalservice Gruppe.

Kanalservice Gruppe (KSG Group), Germany, is a leading and fast-growing organisation that preserves value in Europe’s underground infrastructure and roads. The Group offers its customers services in the areas of sewer and pipe cleaning, sewer inspection, sewer restoration, vacuum work, and specialities such as surface cleaning and demarcation.

KSG Group is a long-standing client of Pandea’s German member Sancovia, who was supported locally by Gunter Vanden Neucker from Pandea’s Belgium firm Vista Capital.

The Maxi Cleaning Group, Belgium, was founded in 1983 and currently has four locations: three in Flanders and one in Wallonia. With 88 employees and an annual turnover of more than 20 million euros, the company specialises in cleaning production facilities, office buildings, petrol stations, and private properties.

This strategic move marks another milestone for KSG Group after already successfully entering the UK market in September 2023. The acquisition of Maxi Cleaning Group helps strengthen its regional presence and brings KSG Group closer to its strategic goal of becoming the market leader in Europe.

Pandea Global M&A

Pandea Global M&A is a global network of selected independent firms primarily focusing on the origination and execution of middle market M&A activities. Services provided include buy- and sell-side M&A advisory and debt and equity fundraising across a broad range of sectors.

Pandea is represented by 300 deal-making professionals across 58 offices in 33 countries, focusing on deals with transaction values between €5 million and €500 million.

To date, member firms of Pandea have completed over 2,500 transactions worth €30 billion in value.

Our global members advise public and private companies, family-owned businesses, private equity firms, family offices, management teams, and entrepreneurs around the world.

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