GroundBirds BV (formerly DVDS), a portfolio company of IceLake, has acquired a majority stake in GfS, a specialized service provider in the field of road infrastructure and traffic safety.<\/p>\r\n
GfS Gesellschaft f\u00fcr Stra\u00dfenunterhaltung mbH, which Finatem acquired in 2018, is a specialist service provider based in southern Germany in the field of road infrastructure and traffic safety, focusing on the installation and maintenance of guardrail systems and related traffic safety solutions.<\/p>\r\n
GroundBirds BV is a Dutch group of infrastructure maintenance specialists, active in asphalt maintenance, marking and lining, traffic management and road lighting.<\/p>\r\n
The transaction supports GfS\u2019 next phase of development and provides a strong platform to further strengthen capabilities, expand service coverage and pursue attractive growth opportunities.<\/p>\r\n
CODEX Partners prepared the commercial due diligence of GfS for GroundBirds.<\/p>\r\n
CODEX Partners advises clients on commercial due diligence<\/a>, vendor due diligence<\/a>, strategy development <\/a>and transformation, as well as on developing industry platforms. Our clients benefit from our experience of more than 800 projects.<\/p>\r\n","protected":false},"excerpt":{"rendered":" GroundBirds BV (formerly DVDS), a portfolio company of IceLake, has acquired a majority stake in GfS, a specialized service provider in the field of road infrastructure and traffic safety. GfS Gesellschaft f\u00fcr Stra\u00dfenunterhaltung mbH, which Finatem acquired in 2018, is a specialist service provider based in southern Germany in the field of road infrastructure and<\/p>\n","protected":false},"author":7,"featured_media":6424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53],"tags":[],"class_list":["post-6426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deal-news-2"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t