Key Capital – IMAP Ireland, advised TSG Group on the acquisition of IFES Electrical Services Ltd, a well-established electrical engineering firm based in Cork, Ireland. Specialising in low and medium-voltage installation and maintenance, IFES serves a broad client base across healthcare, commercial, and industrial sectors.

The acquisition aligns with TSG’s broader European strategy to develop integrated, multi-energy solutions for professional clients. As demand rises for sustainable infrastructure, the integration of IFES strengthens TSG’s ability to deliver scalable, future-ready electrical services tailored to regional market needs.

This development marks a significant step forward in TSG’s ambition to grow its footprint in high-potential markets and reinforces its role as a trusted partner for the energy transition across Europe.

Key Capital previously advised TSG Group on the successful acquisition of Skerritt Electrical Ltd in the UK in July 2024 and will continue to help TSG across Ireland and the UK for other potential acquisitions.

Key Capital, led by Saif Shubana, Katie O’Connell, and Hannah Joy, acted as the exclusive financial advisor to the sellers, managing all aspects of the sale process. The financial terms of the transaction remain confidential.