EU clears acquisition of Ramudden by I Squared

The European Union has cleared the acquisition of Ramudden Global by I Squared Capital, a transaction previously announced in late 2025. The deal, which consolidates a leading international traffic management and infrastructure safety services provider under I Squared's portfolio, follows regulatory approval and marks the completion of the sale process initiated by Triton, the original owner according to the announcement. Ramudden Global operates over 190 depots across 13 countries in Europe and North America, specializing in mission-critical infrastructure maintenance and safety solutions for transport and utility networks as reported.

Triton, a European mid-market private equity firm established in 1997, had built Ramudden Global through a series of acquisitions beginning in 2017, including platform companies such as Ramudden (Sweden), AVS (Germany), and Fero (Belgium/Netherlands) according to transaction details. The firm's focus on businesses providing essential services aligns with I Squared's strategy as a global infrastructure investor.

White & Case LLP served as legal counsel to Triton throughout the transaction, with a cross-border team spanning multiple jurisdictions as detailed in the press release. The deal underscores continued investor interest in infrastructure-related assets, particularly those supporting critical public services. No further details regarding financing terms or post-transaction operational changes were disclosed in the provided materials.

According to White & Case LLP: White & Case advises Triton on sale of Ramudden Global to I Squared Capital as announced.