The transaction
Customs Support, the leading provider of customs services, is proud to announce the acquisition of iZD Group, a neutral customs clearance agent based in Southern Germany. This transaction is part of Customs Support’s strategy to strengthen its presence in the region.
Customs Support Group is committed to providing its clients with the best possible service and the acquisition of iZD Group is a testament to that commitment. With the addition of iZD Group, Customs Support Group is now better positioned to serve its customers in Germany and the surrounding regions.
"For many years, we have also been active with a branch in Switzerland, and together with Customs Support, we aim to continue providing high-quality services within the industry." - Gerd Strobel, Company owner
"We are adept at both qualitative and quantitative growth, and hence, we aim to reinforce this collaboration further with the Customs Support Group moving forward." - Claudia Strobel, Company owner
"We are thrilled to have iZD Group join the Customs Support Group in Germany, which marks a significant milestone in our ongoing commitment to expanding our European presence. With the addition of iZD Group, we will be able to continue to empower our clients in Germany and beyond with an even greater level of expertise and resources. We look forward to the journey ahead, where we will continue to provide the highest quality services to our clients and facilitate seamless international trade." - Frank Weermeijer, CEO Customs Support
Proventis Partner’s role
Proventis Partners has supported Customs Support as exclusive M&A advisor in the expansion in the DACH-region for many years. In addition to identifying the customs agency and contacting the shareholders, Proventis Partners carried out the strategic analysis of the target company and accompanied the further transaction process from due diligence to commercial negotiations and successful closing. The transaction team of Proventis Partners consisted of Jost Hartmann (Partner, Hamburg), Dr. Leonhard Austmann (Associate, Hamburg) and Leon Holtmann (Associate, Hamburg).
About iZD Group
iZD Group, consisting of iZD GmbH and iZS GmbH, was founded in 2000 and is the industry leading carrier-independent customs clearance agent in Germany, offering additional expertise within customs services in Switzerland. Furthermore, they provide specialized software solutions, training, and consulting services in the customs domain. iZD GmbH have dedicated themselves to optimizing the digital landscape and simplifying the customs clearance process for their clients. This shared goal of digitalization, as well as company values and culture, paves the way for greater efficiency, innovation, and enhanced service delivery, making this new partnership with Customs Support Group a perfect fit. Along with their customs clearance services, iZD Group offer a wide variety of in-house and online training sessions through iZS GmbH, covering an extensive range of topics from a refresher of basic customs knowledge to more specific topics such as AEO. Their in-house sessions see several hundreds of participants attending every year, and the numbers are always increasing.
About Customs Support Group
Headquartered in the Netherlands, Customs Support Group is Europe’s leading independent, digital, and neutral provider of customs service’s employing nearly 2,000 dedicated customs professionals, serving over 30,000 customers annually. Through our extensive service offering and digital capability, we consistently support our customers in maximising regulatory compliance, achieving operational efficiencies, import duty optimisation, duty planning, and ongoing development for a constantly shifting customs landscape. In addition to traditional brokerage and digital services, Customs Support Group offers customs consulting and gas measurement services. The company is currently active in the Netherlands, Belgium, Germany, Poland, France, United Kingdom, Ireland, Italy, Finland, Sweden, Norway, Switzerland, and Spain. In Europe, Customs Support Group serves many cross-border clients in several industries such as automotive, food and beverage, manufacturing and many more. Customs Support Group is the number one digital customs agent and invests substantially in the digitalisation of the customs processes.
About Castik Capital
Castik Capital S.à r.l. ("Castik Capital") manages investments in private equity. Castik Capital is a European Private Equity firm, acquiring significant ownership positions in European private and public companies, where long-term value can be generated through active partnerships with management teams. Founded in 2014, Castik Capital is based in Luxembourg and focuses on identifying and developing investment opportunities across Europe. Investments are made by the Luxembourg-based fund, EPIC II SLP. The advisor to Castik Capital S.à r.l. is Castik Capital Partners GmbH, based in Munich.
About Proventis Partners
Proventis Partners is a partner-led M&A advisory firm whose clients are mainly medium-sized family-owned companies, corporate groups as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the leading independent M&A advisory firms in the German-speaking region and looks back on more than 20 years of M&A experience and over 430 completed transactions. With offices in Frankfurt, Hamburg and Zurich, Proventis Partners is active across various sectors, including Industrials, Chemicals & Materials, Business Services, Technology & Media, Consumer & Retail and Healthcare. The exclusive membership in the Mergers Alliance - an international partnership of leading M&A specialists - enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The Mergers Alliance members with their more than 250 M&A professionals provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.
For further information about Proventis Partners please refer to www.proventis.com