Pictured: Roland Ückert, CEO of HiSERV
The investments will be made through CVC III, CVC DIF’s latest Value Add infrastructure fund, creating a provider with nearly 12,000 units at 30 airports, operating under the HiSERV brand and led by CEO Roland Ückert.
The transactions are expected to be closed in Q4 of 2024.
CEOs Paul Schmitz of S-P-S and Tom Moyson of CTC Moyson will reinvest and continue as part of the leadership team.
S-P-S International is based in the Netherlands, providing leasing and maintenance services primarily at Amsterdam Airport Schiphol.
It focuses on design, manufacturing, maintenance and leasing of non-motorised GSE.
CTC Moyson is a full-service GSE lessor with workshops at key Belgian airports, providing customers with leasing and maintenance services for motorised GSE.
Ückert said: “With CTC Moyson and S-P-S, we join forces with two excellent companies that have been offering first-class quality for years, making them an ideal fit with HiSERV. Further growth is foreseen, and we are on track to becoming Europe's market leader. I am personally delighted to collaborate with the exceptional individuals, Tom Moyson and Paul Schmitz, and their teams.”
Willem Jansonius, Partner and Head of CIF Investments at CVC DIF, said: “We are convinced that by establishing a pan-European leader in GSE leasing we will be able to service the aviation ground service market with an improved offering. We have identified clear synergies and significant growth opportunities ahead and look forward to growing the platform.”
