US-based AIT Worldwide Logistics (backed by TJC) has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specialising in high-value, complex, and time-sensitive transport services. The purchase will serve as a significant milestone for AIT as the company continues to expand its global reach and enhance its offerings in road transportation, freight forwarding, and project cargo logistics, particularly in the energy sector. Joining forces with AIT Worldwide Logistics is a strategic move that will allow Lubbers to continue providing...
We are excited to announce the promotion to Partner of Joost Moelker. Joost has been invited to join the Nielen Schuman partnership on the back of the great contribution he has made to our business and the strong commitment he shows to our colleagues, our clients and to the development of our firm. The promotion of Joost confirms Nielen Schuman’s ambition to further build our business and fortify our strong market position in the Benelux. Click here for the full press release
ETC announced it has acquired Amadys, a leading provider of end-to-end connectivity solutions in the Benelux, UK and DACH regions. The combination of ETC and Amadys is highly complementary and is expected to provide opportunities for both organisations to leverage enhanced product offerings and capabilities, as well as to realise synergies across the combined business. Nielen Schuman is delighted to have been involved once again in Amadys’ impressive journey, having also advised Vectis and management in 2019 on the sale of a majority stake to Equistone.Nielen Schuman acted as the exclusive...
Stora Enso, a listed Finland-based leading provider of renewable products in packaging biomaterials, wooden construction and paper, today announced it has reached an agreement to acquire De Jong Packaging Group, a leading North West-European corrugated packaging company for an enterprise value of EUR 1,020 million. The acquisition marks a big step towards growing Stora Enso’s activities in renewable and circular packaging solutions in North West Europe. Henk de Jong, former owner of De Jong Packaging Group, will retain an active role in the company. Nielen Schuman acted as exclusive M&A...
Unifiedpost Group, a fast-growing cloud-based platform which automates administrative and financial services along the financial value chain has raised EUR 100 million in growth funding from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. The funds will be directed towards further R&D investments in the business communication and payment network. Nielen Schuman has acted as Debt Advisor to Unifiedpost Group. Click here for the full press release.
Ohpen, a leading provider of a cloud-based banking platform, has raised €30 million in growth capital from Deutsche Bank. The funds will be directed towards continued expansion efforts into markets such as the UK and deepening Ohpen’s market-leading functionality.This step further solidifies Ohpen’s journey to becoming a world leader and compliments recent moves including the acquisition of lending technology leader Davinci, the appointment of supervisory board members Leni Boeren (KLM Air France supervisory board member) and recent hire of banking veteran Jerry Mulle as Ohpen UK Managing...
Argos Wityu, a pan-European private equity fund has reached an agreement with Harry and Arjan Schenk to acquire a majority stake in the company that carries their name as its current shareholders. The acquisition marks Argos' first investment by Fund VIII and highlights the strong commitment Argos has towards ESG in this Fund. Harry and Arjan have selected Argos Wityu for their experience in shareholder and management transitions in long-standing family businesses, their strong focus on ESG and to support the company in densifying its network organically and via an international buy-and-build...
A consortium consisting of NPM Capital and Teslin has declared its all-cash public offer for all of the issued and outstanding ordinary shares in ICT Group N.V., a leading industrial-technology solutions provider, unconditional. In the context of a consolidating industry, ICT Group aims to accelerate its growth strategy and has concluded this could best be achieved in a private environment. The consortium comprises of experienced and reputable investors with ample sector knowledge, expertise and financial backing who are committed to supporting and accelerating ICT Group’s strategy of driving...
Ergon Capital Partners and management acquire Summa from Gimv.With its digital finishing solutions, Summa responds to the evolutions in the attractive digital printing industry. The ongoing market shift from analogue to digital printing creates high production flexibility and enables mass customisation of products, driving demand for digital cutting tools. Technological evolutions result in an ever-increasing range of materials that can be printed and cut digitally, such as cardboard, stickers and textiles. The product portfolio expansion - from roll cutters to flatbed and laser cutting...
Linaege Logistics, one of the leading and most innovative temperature-controlled industrial REIT and logistics solutions providers, today announced it has reached agreement to acquire Kloosterboer Group, a leading independent integrated platform for temperature-controlled storage, logistics and value-added services in Europe. The acquisition marks a monumental step toward achieving Lineage’s vision to become the world’s most dynamic temperature-controlled logistics company with the capability to serve customers in different countries around the world. The Kloosterboer family will continue to...
Keensight Capital, one of the principal pan-European growth capital and buyout firms, has acquired a majority stake in Symeres, a leading European drug discovery Contract Research Development and Manufacturing Organisation. Keensight Capital’s sector experience and fresh capital will further accelerate Symeres’ strong organic and external growth trajectory, continuing to provide clients with the industry-leading service Symeres is known for. The Company’s founders and management team will reinvest alongside Keensight Capital and will continue to lead the business. Nielen Schuman has acted as...
Staci, a digital and logistics hub, has agreed to acquire its industry peer, Base Logistics, from Waterland. With this acquisition Staci reinforces its capabilities into the management of complex orders with complementary services for the medical and high tech industries and continues the expansion of its foothold in Europe and the United States. The combined group will form a market leader in the niche of complex logistics flows with a solid network of 60 warehouses, 200 strategic stock locations, 2,500 employees and state-of-the-art in-house software and digital solutions. Nielen Schuman...
Daan Bouwman bids farewell as partner at Nielen Schuman Marcel van de Wijdeven appointed new partner Capital Advisory Amsterdam, 10th March 2021– As of the 1st of April 2021 Daan Bouwman (45) will bid Nielen Schuman farewell as partner of the firm. Bouwman worked for almost 14 years at the independent corporate finance boutique, of which 10 years as partner. Under his supervision Nielen Schuman has been involved in more than 200 Debt & Capital Advisory transactions, varying from corporate refinancing to complex hybrid financing solutions for a wide range of corporates and (international)...
Vitruvian Partners, a leading international growth capital and buyout firm, has acquired a majority shareholding in Expereo, the world’s largest provider of internet connectivity. The experience and fresh capital from Vitruvian Partners will further bolster Expereo’s ambitious growth trajectory, continuing Expereo’s already strong track record of growth, financial performance and value-enhancing acquisitions. Apax Partners is the selling party who will remain as minority shareholder alongside Vitruvian Partners and the Company’s management team, who will continue to lead the business. Nielen...
Broad Horizon, a leading managed IT services company successfully concludes refinancing and attracts additional capital for 4 add-on acquisitions. The EMK Capital backed company recently acquired Pink Elephant, strengthening its position in modern workspace in the Netherlands. The financing arrangement that has been put in place establishes the envisaged capital structure and provides the company with ample room for further buy-and-build. Nielen Schuman acted as debt advisor to Broad Horizon. Click here for the full press release
Parcom, a leading Dutch mid-market private equity firm, has agreed to acquire Itho Daalderop - Climate for Life from GIMV. Climate for Life is the merger company of Itho Daalderop and Klimaatgarant services. It is a market leader in providing renewable climate systems with related services for the residential market. With this transaction Climate for Life has a new partner for future growth and continues to play a vital role in the Dutch energy transition. The existing management team, led by Bas Korte, will continue to run the company following the acquisition. Nielen Schuman acted as...
Huuskes and Chefs Culinar today announced to have entered into a definitive partnership agreement. Both family businesses will start an exclusive and intensive collaboration, with Chefs Culinar taking a minority stake in Huuskes. Given the different specialisms, both companies will continue to operate as independent entities under current management. Huuskes continues to focus on the Dutch healthcare sector where Chefs Culinar focuses on the Dutch hospitality and German healthcare market. Through the partnership, Chefs Culinar is taking an important step in its ambition to strengthen its...
Bolster Investment Partners, a Dutch private equity firm, has acquired a minority stake in Infoplaza, a provider of weather forecasts and related content. Simultaneously, Infoplaza has acquired Weeronline, a leading B2C weather platform active in the Netherlands and Belgium. The transaction concerns a carve-out of Weeronline from HolidayCheck Group, a listed German company active in the travel industry and subsidiary of Hubert Burda Media. The combination of Infoplaza and Weeronline creates the largest weather platform in the Benelux that collectively informs over 10 million unique visitors...
Kinly, a leading global specialist in video collaboration services, headquartered in Amsterdam, today announced the successful acquisition of AVMI, a leading global audio-visual integrator and managed services provider, headquartered in London.The acquisition strengthens Kinly’s No. 1 position in Europe and firmly establishes Kinly as a global top 3 provider of video collaboration services. Together, Kinly and AVMI operate in over 20 locations throughout Europe, the United States and Asia-Pacific, serving clients in over 125 countries. Nielen Schuman, in its capacity as debt advisor, has...
Deli Home, a leading producer and distributor of primarily timber-based home improvement products, has attracted additional funding to support further growth. The company recently acquired Weekamp Deuren, an integrated manufacturer and supplier of doors and windows. With Weekamp Deuren, Deli Home has become the undisputed market leader in the doors segment in the Netherlands. The integrated business model of Weekamp Deuren also means that Deli Home now has production facilities across Europe and Asia. The financing arrangement that has been put in place leads to an optimisation of the capital...
Online supermarket Picnic has raised EUR 250m provided by the existing shareholders and ABN AMRO to open a robotic distribution centre and to support further growth. The high-tech distribution centre will be operational in 2 years and aims to supply c. 150,000 families with fresh groceries every week. The centre will be one of the largest in the world of its kind and includes three temperature zones, room for more than 200,000 crates to store products and fully automated sorting, packing and distribution machines, specially developed by Picnic. Nielen Schuman has acted as debt advisor to...
Equistone Partners Europe, one of Europe’s leading mid-market private equity firms, has agreed to acquire Amadys, headquartered in Brussels. Amadys is a leading provider of passive network equipment solutions to all utility segments in Belgium and surrounding countries. Equistone acquires the company from the management and the investment fund Vectis Private Equity. The existing management team, led by CEO Hein Wilderjans, will continue to run the company following the acquisition. The management team will reinvest and will retain a sizable minority share in the company. Following the...
Morgan Stanley Tactical Value Investing has agreed to acquire a minority stake in Netherlands-based staffing agency Olympia. Founded in 1969, Olympia is the 6th largest temporary employment agency in the Netherlands, with well over EUR 400 million in revenues. It offers a wide range of personnel services and focuses on blue collar workers in six segments: logistics, production, contact centres, municipalities, technology and administration. With Morgan Stanley Tactical Value Investing on board, Olympia has found a new investor that supports its further growth and roll-out of its strategy....
Berlin Packaging and Novio Packaging today announced they have entered into a definitive agreement for Berlin Packaging to acquire Netherlands based Novio Packaging Group B.V. With several offices across northern Europe and approximately 160 employees, Novio Packaging has an impressive organic and acquisitive growth track record, including completing four acquisitions in the past two years. As a sustainability leader, Novio Packaging is proud to work with leading European companies to find cost-effective and environmentally friendly packaging products and solutions. This strategic transaction...
THI Investments (“THI”), a long-term pan European investor, today announces that it has acquired Belgium-based RE Panels S.A. (“RE Panels”) from the Riverside Company. The current management team are investing alongside THI in this acquisition and THI is pleased to support management in achieving the next phase of growth. This transaction provides an attractive opportunity to leverage the complementary expertise of THI and its operational experience.RE Panels, known in the market by the brands EPCO and TECSEDO, is the European market leader for the production of sandwich panels for sectional...
Gilde Buy Out Partners announced the acquisition of Xindao from its former shareholder Perusa Partners with management re-investing substantially into the new transaction. Xindao, a leading supplier of functional business gifts, has been growing at double-digit growth rates for over a decade. Over the last several years, Xindao has transformed into a pan-European leader in the premium segment with an integrated supply chain and dedicated design team, enabling differentiated supply of products through various value-added services from in-house design and customization to quality control and...
Odin Groep and Fortino Capital Partners today announce that investment company Fortino has taken a majority stake in Odin Groep. The management of Odin Groep believes that Fortino is the right partner to support their growth ambitions and the further development of Odin Groep, whereby delivering excellent customer service will be paramount. Odin Groep is an independent IT service provider consisting of the companies Previder, Heutink ICT and Winvision. Odin Groep specializes in IT solutions, cloud hosting, security, managed services and consultancy. Odin Groep relies on the knowledge of its...
TKH Group NV announces that it has reached agreement with Dutch private equity company Torqx Capital Partners (‘Torqx’) about the creation of a NewCo that will take over the shares of a major part of the TKH industrial connectivity activities. The main operating companies that will be acquired by NewCo are located in the Netherlands, Germany, Italy and Poland and consist of Jobarco BV, Pantaflex BV and Capable BV (the Netherlands), TKD Kabel GmbH and Schrade Kabel & Elektrotechnik GmbH (Germany), TKH Kabeltechniek Sp. z.o.o. (Poland) and KC Industrie Srl (Italy). Torqx Capital Partners...
Ward Van Thielen, CEO and shareholder of WVT Industries, has reached an agreement with Sofindev for an entry into the group’s capital. Ward Van Thielen remains an important shareholder and responsible for the daily management. WVT Industries is a fast-growing company specialising in the research, development, production and sales of industrial cleaning products. The company offers its customers an extensive range of more than 650 industrial cleaning agents. In addition, the company specialises in responding to the detailed needs of industrial customers by developing tailor-made cleaning...
Triton announced the acquisition of Royal Reesink from Gilde Buy Out Partners, Teslin Participaties Coöperatief and Navitas. Triton will invest alongside the Company’s current management. Royal Reesink is a leading provider of a large range of equipment and related lifecycle services in the agriculture, turf care, material handling, construction and hydraulics industries. The entry of Triton will enable the Company to execute its growth strategy and further strengthen its position as a reliable partner to leading OEMs. The completion of the transaction is expected in the second half of 2019...
Partou and KidsFoundation today announce the intention to merge into a single corporate group. By joining forces, the companies will create a stronger national childcare organisation, providing daily care to over 60,000 children from 650 locations throughout the Netherlands. KidsFoundation's owner, Onex Partners, will join the Dutch investment company Waterland as the main shareholders of the combined business. Nielen Schuman acts as financial advisor to Partou. Click here for the full press release
We are pleased to announce that Waldo Bemer has recently been promoted to Partner. As part of the firm’s senior team for the past 5 years, Waldo has been very valuable in the successful expansion of our M&A franchise across the Benelux. Prior to joining Nielen Schuman, Waldo worked for 8 years in Credit Suisse’s Investment Banking Department in London, Singapore and Sydney. Waldo is an experienced senior corporate finance professional with an extensive international transaction track record, advising corporates, investors and governments. He has been particularly successful in increasing...
Sofindev today announces the sale of its participation in House of Talents to Baltisse, the investment company of Filip Balcaen. Baltisse acquires a majority stake in House of Talents. Steve Rousseau and the management team retain a significant minority stake.House of Talents is a fast growing platform in the staffing sector, active in the Benelux, France and Germany. The company is active in outsourcing, interim staffing and recruitment & selection services for more than 1,400 SME’s and companies. The entry of Baltisse is consistent with the well-thought and ambitious growth plans of...
Cinven today announces that it has agreed to acquire One.com, a leading European supplier of web hosting services, from Accel-KKR for an undisclosed consideration. One.com is one of Europe’s leading providers of domain names and web hosting services to small to medium enterprises and small-office home-offices. Nielen Schuman acts as exclusive financial advisor to Cinven. Click here for the full press release
Gilde Buy Out Partners today announced the acquisition of Kinkelder, together with management. The terms of the agreement have not been disclosed. Kinkelder, which has been a family business since its foundation in 1945, specialises in the production, development and sale of high-quality industrial circular saw blades for the steel industry and is the global leader in this market. Under the ownership of the De Kinkelder family, the company has displayed a strong growth track record, both organically and through focused acquisitions. Jointly, Gilde and management are eager to continue to...
Kinly today announced that it has acquired MK2. The acquisition fits in with Kinly’s strategy of strengthening its leading portfolio in the audio-visual and visual collaboration market through organic growth and strategic acquisitions. In recent years, MK2 has rapidly developed from Breda into a market leader in the Netherlands within the field of audio-visual solutions and can count many leading businesses as long-term customers. Together, Kinly and MK2 are the experts in the Dutch market for IT-driven AV and visual collaboration solutions. With the acquisition, Kinly has 600 employees...
Global consumer insight & collaboration agency InSites Consulting announced today that it is teaming up with Mentha Capital to further support and accelerate its global growth ambitions. InSites Consulting pioneered digital market research in 1997 as a spin-off of Vlerick Business School. Today, it is recognised among the top 100 largest and top 10 most innovative market research agencies in the world. By entering into a partnership with Mentha Capital, InSites Consulting now wants to step up its game in accelerating non-organic growth through both regional expansion and the addition of...
Photobox Group, Europe’s leading personalisation business, has acquired Dutch online cards and gifting retailer Greetz. The acquisition makes Photobox Group the European market leader in online greetings cards and personal gifting through the Greetz and Moonpig brands. “Joining Photobox Group gives us access to a Europe-wide pool of talent, expertise and creativity as we build the next stage of Greetz story” said Niek Veendrick, CEO of Greetz. Founded in 2001 as online greetings card retailer Greetz has now established itself as Holland’s number one brand in personal gifting, with strong...
Ploeger Oxbo Group has attracted a new major shareholder. NPM Capital is the strong financial partner that the manufacturer of specialty agricultural equipment has been looking for to support its long-term growth strategy. NPM Capital has acquired a 40 percent stake in the company. Over the past decades, Ploeger Oxbo Group has expanded rapidly as a result of autonomous growth and acquisitions. From a strong position in harvesters for corn, beans and peas the product range has been expanded to equipment for crops like potatoes, berries, coffee, olives and grapes and to self-propelled windrow...
Belgian convenience food producer Beltaste-Vanreusel announces its partnership with Ergon Capital Partners. Beltaste chooses Ergon as the most suitable financial partner to realise its ambitious future growth prospect and to further professionalise. Beltaste, founded in 1953, is a family business and with its Vanreusel brand an important player within the snacks market for out-of-home consumption in Belgium and the Netherlands. The leading regional player starts today a new chapter in its history and wishes to continue growing in different segments in Belgium as well as in other...
Eiffage has entered into an agreement to acquire 51% of the Kropman group, specialist in the multi-technical fields of electrical and mechanical engineering and contamination control and measurement. A national reference player, Kropman, founded in 1934, has more than 800 employees and generated revenues of nearly EUR 153m in 2017. Nielen Schuman acts as advisor to the selling shareholders. Click here for the full press release
3i Group today announces that it will invest in Royal Sanders, a leading European private label and contract manufacturing producer of personal care products with plants in the Netherlands and in the UK. 3i is investing alongside management to drive the company’s international growth strategy. The business is being purchased from Dutch private equity firm Egeria. Royal Sanders, founded in 1851, is a leading European manufacturer and distributor in the personal care market, offering a range of private label, contract manufactured and branded products. The offering includes bath & shower...
Argos Soditic becomes the new shareholder of Future Groep, with its four stand-alone business units Talenter, PLANgroep, Human Capital Group and Future Communication. Future Groep is a Dutch service provider headquartered in Utrecht that provides Business Process Outsourcing and detachment services to public clients in the social domain and HR consulting and communication services to public and private clients. The group exists in its current configuration since 2016 when it was carved out from the Conclusion group. Today Future Groep employs around 800 people and generates around EUR 60m in...
Suitsupply today announced to have attracted growth capital which will further accelerate the international expansion and online sales activities. The new facilities are provided by NPM Capital, ABN Amro, ING and Rabobank. Financial terms of the transaction were not disclosed. Suitsupply currently operates 91 stores in 73 cities on 3 continents. More than 75% of sales are generated outside of the Netherlands, and almost 30% of sales occur online. The company’s growth plan aims to open more stores worldwide, and renew a large part of the Dutch store portfolio. Furthermore, Suitsupply will...
Alpha Private Equity has acquired Ipcom from Waterland Private Equity. Ipcom is a Belgium based group of European companies specialised in the distribution and conversion of thermal insulation, passive fire protection, acoustic insulation and high temperature products for the process and construction industry. The company was formed in 2010 through the acquisition and merger of Waeyaer-Vermeersch Isolatie and Isowill and has since made more than 20 bolt-on acquisitions as part of an international buy-and-build strategy. Financial terms of the transaction were not disclosed. Nielen Schuman...
We are proud to announce the opening of our Belgium office in Antwerp and the recent hiring of David Theys as a Partner to build out the firm's Belgian activities. "We see a clear opportunity to capture a leading market position in Belgium, using the same distinctive positioning as we employ in the Netherlands: truly independent, client centric and high quality M&A and Capital Advisory to companies and investors in the upper mid-market", says Jan de Wilde, Partner at Nielen Schuman. " We see Belgium as a key market for us. Not only are many of our corporate and private equity clients...
Avedon Capital Partners has announced that a new combined leading global visual communications company is created with the acquisition and merger of VisionsConnected and Viju. The ambition for the new combined company is to build a leading global visual collaboration company specialising in designing, installing, servicing and supporting physical and virtual meeting room environments for global customers with strategic need for videoconferencing, collaboration and audiovisual solutions. Financial terms of the transaction were not disclosed. The combined company today already serves corporate...
Infracapital, the infrastructure investment arm of M&G investments, has entered into an agreement to acquire 60% of the shares in the Netherlands-based utility company Eteck Energie Bedrijven ("Eteck"). Eteck is market leader in sustainable collective heating systems in the Netherlands. Eteck currently owns and operates a portfolio of 170 systems serving approximately 25,000 home equivalents. Jaap van Eck, Founder of Eteck said: "In addition to providing the financial strength to help us grow the business, Infracapital brings a quality of competence in this market and the experience and...
Telegraaf Media Group (“TMG”) announces that the shares in Keesing Media Group will be sold to a partnership which will be set up with Ergon Capital Partners. The valuation of 100% of the shares of Keesing implied in the transaction is EUR 150 million. TMG will take a 30% stake in the new partnership. The transaction is subject to approval from the shareholders of TMG and the advice of the works councils of TMG and is expected to be completed within the next two months. Keesing is the European market leader in the field of puzzle magazines. Over the last couple of years, Keesing has...
Groeneveld Group, a leading provider of automatic lubrication solutions used in on- and off-highway applications is acquired by The Timken Company for an Enterprise Value of EUR 250m (~13x EBITDA). Groeneveld is headquartered in Gorinchem, the Netherlands, with manufacturing facilities in Italy. Automatic lubrication delivery systems, which enhance vehicle and machine uptime through automated maintenance and safety support, represent the predominance of the company’s offering. The group employs approximately 600 people. The Timken Company is a global leader in engineered bearings and...