FSN-backed OptiGroup picks up Top Service

Top Service is a table top products, food packaging and cleaning and hygiene products distributor.

  • Top Service is the eighth announced add-on acquisition since December 2021
  • FSN Capital agreed to invest in OptiGroup in 2021
  • Top Service provides facility management products to restaurants and hotels in the Bavarian region

OptiGroup, a FSN Capital portfolio company, has announced the acquisition of Top Service, a table top products, food packaging and cleaning and hygiene products distributor.

The acquisition expands OptiGroup, based in Gothenburg, Sweden, into Germany. Top Service provides facility management products to restaurants and hotels in the Bavarian region.

The acquisition of Top Service is the eighth announced add-on acquisition since December 2021, when FSN Capital VI agreed to become a shareholder of OptiGroup.

“Top Service is a very strategic add-on transaction for OptiGroup as it marks the entrance for the important German market and will strengthen the Group on its exciting growth journey,” Niclas Thiel, board director and principal at FSN Capital Partners. “FSN Capital VI, as the lead investor of OptiGroup, looks forward to continuing to support OptiGroup’s successful M&A strategy with highly selected strategic add-on acquisitions in Germany and rest of Europe.”

FSN Capital is a Northern European private equity investment firm focused on the middle-market segment. The firm has offices in Olso, Copenhagen and Munich.