About PITT Cooking

Pitt Cooking is an internationally operating company, based in De Meern, Netherlands. The company was founded in 2009 and is the market leader in delivering proprietary, premium quality, integrated cooking solutions. From its foundation, PITT Cooking expanded its product line from integrated gas cooking solutions to outdoor and induction cooking solutions. Due to rapid growth since its foundation, the company expanded its production facility in De Meern in 2021. Per today, the company has 15 distributors through which it delivers its products worldwide in >50 countries spread over all continents.

About Ross Common Capital LLC

Ross Common Capital (RCC) was founded in 2020 by a successful team of professionals with a depth of investment and transactional experience based on careers in investing as part of private equity partnerships and operating growth companies. RCC is focused on making proprietary and highly selective investments in lower and middle-market companies, primarily in the luxury retail and consumer goods sector. The company is specialized in growing selected investments in North America, specifically the USA.

A total of 104 middle-market M&A experts and guests met in Madrid recently for the 2023 Fall Conference of Globalscope Partners Ltd.

Marking the largest conference attendance in Globalscope history, participants representing 41 firms came from 27 different countries and embodied multiple areas of sector expertise. Globalscope is an international organization of M&A firms specializing in selling, buying, and financing middle-market transactions. Held at the InterContinental Madrid Hotel, the conference included four days of meetings, educational seminars, sector updates, strategic planning, and networking opportunities. Conference highlights included the addition of one new member firm, Pegasus Capital , a Dublin-based firm specializing in investment banking, private equity, corporate banking, and venture capital. Membership is by invitation only.

David Lawrence, a director of Pegasus, said, “The significant majority of our transactions involve international acquisitions and investors, and Globalscope enables us to expand our global reach and competence in key market segments. “We look forward to leveraging Globalscope’s capabilities to the benefit of our clients in the Irish market,” he added.

Globalscope President, Martijn Peters, said the attendance record for the Madrid conference is an indicator of the organization’s ongoing growth. “Last year, Globalscope members closed 203 deals with a combined value of $20.8 billion,” he said. “Despite all of the economic headwinds and political crises we’ve had to face in 2023, Globalscope continues to bring even more value to our members and clients worldwide.” The Fall 2023 conference was hosted by Madrid-based Globalscope member, Bondo Advisors. Globalscope’s Spring 2024 conference will be held in Tokyo and hosted by its Japanese member firm, COHEN Partners.

We won the Deal of the Year award at the ACG – Holland Growth Awards Ceremony with a majority of the votes! Earlier this year, we advised the shareholder of Franke Media on the sale to PubTech/Waterland Private Equity. A true boyhood dream story, and we’re proud to be part of this exciting chapter. We thank everyone who voted for us and look forward to meet at future ACG events.

At the semi-annual conference in Buenos Aires, Martijn Peters has been named President of Globalscope and chair of its board of directors.

The worldwide network of M&A advisory firms welcomed 3 new members:

• A. Bucholtz & Co, a New-York based investment bank
• Locus Capital, a leading M&A advisory firm in Seoul, South Korea
• Rungta Advisors, based in Pune, India

Globalscope is a network of 55 independent M&A advisory firms, with more than 500 professionals located in 46 countries worldwide.

Jointly, the members concluded 204 M&A transactions in 2022, with a total value of €20.4 billion.

DEX international M&A advised the shareholders of DAKaccent on a management buy-out.
DAKaccent Nederland was founded in 2001 and is specialized in the maintenance and renovation of roofs.

The company has a subscription based business model and has >3,500 maintenance subscriptions at its clients base, mainly consisting of housing corporations, municipalities, real estate management companies and corporates. With >100 employees, the company annually renovates and maintains >250,000m2 of roofing surface.

We are proud to announce that DEX international M&A acted as exclusive M&A advisor to the shareholder of Franke Media on the sale to European digital publishing group PubTech, a portfolio company of Waterland Private Equity.

The company has partnerships with numerous major national and international brands including bol.com, Amazon, ASOS, H&M, Nike and HEMA. The websites offer the most interesting discounts and deals to more than 1.7 million monthly visitors.

Together with its majority shareholder Waterland Private Equity, PubTech is actively working on the development of a European Digital Publishing group. PubTech started with the acquisition of LionsHome is a leading product comparison platform for home & living with more than three million monthly visitors across Europe and Fashiola, also part of PubTech, allows users to compare the online offerings of a multitude of leading fashion labels in 25 countries.

“The acquisition of Franke Media represents a further important step towards our vision of assisting users in their purchasing decisions across all channels”, adds Michael Röcker, Managing Director of LionsHome. “By expanding our skills in the field of Deals & Coupons, we will now be able to offer even more attractive advertising opportunities to our partners in the future.”

“We are delighted to join forces with LionsHome and Fashiola in building a leading European Digital Publishing group together. The ambition of LionsHome and Waterland matches perfectly with ours, therefore, we were quickly convinced that LionsHome is the right partner to accompany and support us in our next growth phase”, highlights Vince Franke, Founder and Managing Director of Franke Media. “Thanks to this partnership, we can accelerate the international expansion and help even more European users to save on their online purchases.”

Franke Media’s founder Vince Franke remains on board as CEO and will re-invest in the group in the context of the transaction.

FRUIT OP JE WERK is the market leader in delivering premium quality, ultra-fresh fruit boxes to workplaces in the Netherlands. The company is specialized in delivering a unique, augmented, full-service and repeatable fruit concept on a weekly subscription basis.

With 125 FTE, FRUIT OP JE WERK weekly serves 4,000 customers and >250,000 daily consumers. The company provides its consumers annually with >1,500,000 ultra-fresh fruit boxes. Together with Mentha Capital, the company aims to further expand its footprint and strengthen its position in the Benelux.

About Mentha Capital

Headquartered in Amsterdam and founded in 2006, Mentha is an independent private equity firm active in the mid-market. Mentha invests in established, mid-sized and profitable companies with clear opportunities for growth along multiple avenues, such as organic growth, expansion in new markets or through buy-and-build.

About Auxilium Capital

Auxilium Capital is an independent private equity firm with a long-term perspective. The company was founded in 2015 and has a successful track record. It is specialized in investments in Dutch mid-market companies in agri/food, business services and ICT/Software.”

We are proud to announce that DEX international M&A acted as M&A advisor to Cire Invest and management on the sale of Facility Trade Holding to OptiGroup AB (€ 1.7 billion revenue). Previous to this sale, DEX has advised Cire Invest on multiple acquisitions to build the group.

Facility Trade Holding BV is a leading full-service distributors of hygiene & cleaning supplies, non-food catering items, workwear and personal protection equipment in the Netherland. Facility Trade Holding operates two businesses: Facility Trade Group and Dirksen Bedrijfskleding.

OptiGroup is headquartered in Sweden and active in more than 20 counties, backed by private equity investor FSN capital. The acquisition will further strengthen OptiGroup’s position in the area of facility supplies to B2B customers on the Dutch market, in line with the strategy to develop the business portfolio towards leading positions in attractive market segments in Europe.

“We look forward to welcoming Facility Trade Holding to OptiGroup. Facility Trade Holding will complement and further strengthen OptiGroup’s service offering for B2B customers active in facility management, hotel & restaurant and high-risk work environments in the Benelux region.”
Sören Gaardboe, President and CEO of OptiGroup.

“OptiGroup already has a successful business in the Netherlands today and we look forward to building further on our entrepreneurial strengths in the important Dutch market in close cooperation with customers and employees of Facility Trade Holding.”
Alex de Graaf, Senior Vice President Medical.

TSG Group is the European leader in technical services for responsible mobility solutions, with its headquarters in Paris. TSG has developed strongly in the fast-growing market of charging stations for EVs, with nearly 25,000 stations installed to date in Europe. The group wishes to pursue its strategy by relying on its strong entrepreneurial culture and its European leadership – presence in 30 countries, over € 770 Million annual turnover, and over 5,000 employees.

VEBE, based in Almere (near Amsterdam), is one of the top Dutch electrical installation companies specialized on electrical vehicles charging stations. The company operates from design to installation and maintenance of sites and cover the whole national territory. With the acquisition of VEBE, TSG integrates new electricians in the Netherlands accelerating the implementation of its strategy to enable the responsible mobility transition by developing new energy solutions, quality infrastructures for mobility and to offer a one-stop shop for innovative energy and retail solutions.

“TSG is growing fast, and especially in the field of new energy for mobility where some of TSG countries are already realizing 50% of their activity. M&A is a strong accelerator of this growth and at the heart of our development strategy. It nicely complements both our geographic footprint and our need for highly skilled technicians to support our customers in their energy transition to responsible mobility.” – says Jean-Marc Bianchi, Chairman and CEO.

In todays newspaper, the Financieel Dagblad, page 11, DEX.DOES.DEALS.

DEX international M&A acted as exclusive M&A advisor to the shareholders of NOBEARS on the partnership with Synergia Capital Partners.

About NOBEARS

NOBEARS is a fast growing and leading digital full service agency active in digitalization, technology and online marketing. The company is specialized in technological development of (online) marketing concepts. Over the last years, the company has won FD Gazellen, Emerce 100 and TOP 250 Groeibedrijven awards. Together with Synergia Capital Partners, the company aims to further expand its footprint and strengthen its position in the Benelux both through autonomous growth and acquisitions.

About Synergia Capital Partners

Synergia is a Dutch private equity firm founded in 1999 and funded by successfull Dutch entrepreneurs and managing directors. It is specialized in investments in Dutch mid-market companies in agri/food, production, ICT/Software and business services.

DEX international M&A acts as exclusive M&A advisor to CRH and its subsidiary Cementbouw on the divestment of multiple businesses. The first two transactions have closed. Cementbouw Recycling and the ready-mixed-concrete site Oosterhout have been sold to Van de Beeten. Belgian based aggregates company Cementbouw Zand & Grind NV has been acquired by Teunesen Zand & Grint.

About Cementbouw and CRH

Cementbouw was founded in 1933 and became a CRH company in 2003. The company is one of the Benelux industry leaders in the world of ready mixed concrete, binding agents, recycling, sand and gravel.

CRH is a worldwide building materials business, employing 71,000 people at 3,155 locations in 28 countries generating €31 billion of revenues. The company has headquarters in Dublin, Amsterdam and Atlanta. CRH is the largest building materials business in both North America and Europe and has regional positions in Asia.

Being a Fortune 500 company, CRH is a constituent member of the FTSE 100 index, the EURO STOXX 50 index, the ISEQ 20 and the Dow Jones Sustainability Index (DJSI) Europe. CRH’s American Depositary Shares are listed on the NYSE.

DEX international M&A acted as exclusive M&A advisor of Origin Fruit Direct in the management buy-out from Mahindra, an Indian conglomerate with €10bn revenue and 40,000 employees worldwide.

Origin Fruit Direct is an internationally operating company, headquartered in Rotterdam, the Netherlands. The company is specialized in the import and distribution of citrus, grapes and pomegranates in Europe and Asia and has international offices in Shanghai, Chile and Spain. Origin Fruit Direct was established in 2006 and has an annual revenue of €60 million.

Globalscope executed 226 transactions valued at €7.8 billion. GlobalscopePartners, a network of 55 independent M&A firms, located in 48 countries, completed a record-setting year during 2022.

Thousands of businesses worldwide rebounded during 2021 from the impact of the Covid-19 pandemic throughout 2020. Many of those companies successfully utilized members of GlobalscopePartners, a network of 55 international M&A firms, resulting in a new record for M&A transactions. There were 226 transactions executed across a wide variety of industries and sub-sectors, valued at more than €7.8 billion. With independent member firms located around the world, GlobalscopePartners helped hundreds of middle market business owners secure funding, buy and sell businesses, and capitalize on financial opportunities as a result of the Globalscope network. The largest single transaction was valued at €1.3 billion. John Sloan, President of Globalscope, explains how members thrived to set new records during the pandemic.“Globalscope is an international family of independent M&A firms which enables us to directly connect to buyers, sellers, and financial sources worldwide. If the capital markets in one region is not optimal, Globalscope partners engage their worldwide network of members to find other strategic and financial opportunities for their clients around the globe. It is a tier-one organization that works extremely well worldwide, resulting in numerous cross-border transactions. GlobalscopePartners provides its members and clients a global advantage in the marketplace,” concluded Sloan. Globalscope members are dedicated to making clients’ dreams a reality through their core values of openness and camaraderie, relentless entrepreneurialism, and tier-one brand quality. Members are entrepreneurs and experience business executives themselves with in-depth knowledge of local markets as well as corporate and financial investors worldwide.

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Symrise AG, a German DAX listed multinational, has signed an agreement with investment company Intersaction and management to acquire the Dutch company Schaffelaarbos.

Schaffelaarbos is a leading European producer of circular egg proteins for the animal feed industry. Symrise, headquartered in Holzminden (Germany), is a global provider of fragrances, flavours, nutrition, and cosmetic ingredients with a turnover of €3.5 billion in 2020. Symrise acquires 100% of the shares. Financial terms of the acquisition are not disclosed. The closing of the transaction is expected before mid-January 2022.

DEX international M&A has been named FD Gazelle by het Financieele Dagblad, as one of the fastest growing companies in the Netherlands.

Since its foundation in 2015, DEX international M&A has grown every year in sales, number of employees and – most importantly – the number of successfully completed transactions.

We are proud of the DEX team and the trust our customers place in us. Together with our customers we continue to work on great deals!

DEX international M&A acted as exclusive M&A advisor to Pon Holdings on the sale of its subsidiary Verhoef EMC to Stokvis Group. Verhoef EMC offers electrotechnical (drive) solutions for shipyards and leading dredging clients in the Maritime industry.

Additionally, the company is active in the Utility industry. As an interdependent electrotechnical service company, Verhoef EMC suits well within the Stokvis Group. The Stokvis Group consists of nine engineering, manufacturing, service and wholesale companies located in the Netherlands.

About Pon:
Since its establishment 125 years ago, Pon has grown into a global company with an annual turnover of €7.5 billion and 12,000 employees in 36 countries. Pon is active in a wide variety of industries. From passenger cars and business vehicles to smart mobility solutions. From (electric) bicycles, heavy equipment and renewable energy solutions to marine power systems, flow control (valves and circuit breakers) and technical services.

DEX international M&A acted as exclusive M&A advisor to the shareholders of Gripp on the sale to Exact.

Gripp, provider of SaaS business software for professional service companies, has been acquired by Exact, Dutch headquartered supplier of business software. Gripp services 1700 customers and is located in Tilburg. The acquisition massively expands Exact’s range of Professional Services solutions for the fast-growing Professional Services Automation (PSA) market in the Benelux. This acquisition is in line with Exacts ambition to intensify its growth in the services sector.

The addition of Gripp, together with Software Gemak (formerly Unit4 Bedrijfssoftware, acquired in late 2020), to Exacts portfolio, provides Exact with a range of services sector oriented solutions. Gripp is a perfect addition to the existing portfolio, offering a comprehensive suite of Professional Services Automation (PSA) solutions that include CRM, time registration, invoicing, project management, purchasing and HR administration, and powerfully strengthening Exacts position in the services sector. PSA is the international term for the segment of business services automation.

Paul Ramakers, CEO at Exact: “The Netherlands is a nation of services companies with Professional Services Automation solutions in high demand. This is a great purchase for Exact and not only because of the modern SaaS offering, the strength of the team or the entrepreneurial culture that fits well with Exact but also because together we better serve the needs of differenct segments and subsegments. Together, we are creating a very broad offering with advanced cloud solutions for the services sector. This move is in line with our strategy to achieve growth through a powerful combination of organic development and expansion through acquisitions.”

“For Gripp, this acquisition allows us to realise our ambition to grow in a larger ecosystem,” says Marcel Koenders, CEO and co-founder of Gripp. “We have a great team and product and we are looking forward to continuing our journey as part of Exact.”

DEX international M&A acted as exclusive M&A advisor to the shareholder on the sale of Verbufa to Handtmann. Verbufa is an internationally operating company, based in Amersfoort, Netherlands. The company was established in 1952 and employs around 40 people. Verbufa develops, provides and implements machine solutions for the food processing industry and as a trading company distributes machines and systems of leading manufacturers from the food processing industry. Verbufa has been exclusive Handtmann trading partner in the Netherlands, Belgium and Luxembourg for over 55 years.

Handtmann Maschinenfabrik develops and produces filling and portioning systems as well as digital solutions for the production of foods. The acquisition of Verbufa was contractually agreed on 1st April 2021 and generates advantages for both partners. “The integration of Verbufa into our group of companies marks an important strategic step towards an even stronger positioning in international competition,” comments Thomas Handtmann, Managing Partner of the family-owned business, “because the food processing industry is undergoing profound change towards digitisation, globalisation and individualisation and with it, changing customer needs.” Harald Suchanka, CEO of the division of filling and portioning systems, emphasises: “Following the acquisition of Inotec this past year, we are now taking the next logical step in providing our customers with holistic solutions. As a long-standing partner, Verbufa can contribute excellent industry insight and expertise in the development of customised customer solutions.” In addition to direct market development in the top sales markets of the Netherlands and Belgium, the merger of the two companies generates, above all, a high level of innovative strength for process-oriented concepts and solutions in the areas of forming, dosing, co-extruding and process automation. Customer requirements can thus be implemented quickly and purposefully. “I am confident that the overarching interlinking of our development and engineering expertise and the combined knowledge of the market will produce substantial added value for our customers worldwide,” states a convinced Mark Marrink, previous owner of Verbufa and future Operations Manager of the new Handtmann subsidiary.

DEX international M&A acted as exclusive M&A advisor to Dutch private equity firm Intersaction, a private investor and the management team on the sale of Red Point Alloys to Trillium Flow Technologies. Below the press release issued by Trillium to announce this acquisition: 

Houston, TX: Effective today, we are excited to announce Red Point Alloys BV is joining Trillium Flow Technologiesä, a First Reserve Portfolio Company.  Founded in 1987, Red Point Alloys BV specializes in the design, manufacture, and quick delivery of exotic material isolation valves for applications in petrochemical, chemical, fertilizer, oil & gas production, LNG, and other industrial processes.

Trillium Flow Technologies is focused on its mission to passionately assist our customers by providing critical products and services to help them meet the needs of today’s ever-challenging world.  Red Point’s capabilities align perfectly with that mission.  Red Point, combined with the company’s BDK, Hopkinsons, and Atwood & Morrill offerings, positions the combined companies to offer market-leading deliveries for an extensive range of products.

“I am excited to expand the Trillium Flow Technologies family and to offer our global and growing customer base an expanded range of highly engineered quick delivery flow control products.  Red Point is a market leader in the fast-delivery of specialty valves, and a seamless fit within our portfolio.” — David Paradis, CEO, Trillium Flow Technologies

“I am proud that Red Point and our Employees are now part of Trillium Flow Technologies.  Trillium’s worldwide sales network and expansive portfolio of highly engineered valves combined with Red Point’s streamlined processes and fast-track valve offering will create great value for both companies’ customers.” — Frank van Os, CEO, Red Point Alloys BV 

About Trillium Flow Technologiesä
Trillium Flow Technologies, headquartered in the United Kingdom, with executive offices in Houston, TX USA, is a global designer, manufacturer, and aftermarket services provider of engineered valves and pumps used in energy and broader industrial applications.  Its established brands’ portfolio serves customers in the power generation, oil and gas, water and wastewater, mining, and industrial sectors.  Learn more at: www.trilliumflow.com

About First Reserve
First Reserve is a leading global private equity investment firm exclusively focused on energy. With 35+ years of industry insight, investment expertise, and operational excellence, the Firm has cultivated an enduring network of global relationships raising USD $32 billion of capital.  Its portfolio companies have operated on six continents, spanning the energy spectrum from upstream oil and gas to midstream and downstream, including resources, equipment and services, and associated infrastructure.  Learn more at: www.firstreserve.com

DEX international M&A acted as exclusive M&A advisor to the shareholder on the sale of Sun & Wind Energy Solutions to Kemkens BV.

DEX international M&A acted as exclusive M&A advisor to the shareholders of R&G Global Consultants on the sale to Argon & Co.

Argon & Co, the global management consultancy that specializes in operations strategy and transformation, is delighted to announce that it has been joined by R&G Global Consultants (R&G).

Today, successful and long-established operations consultancy R&G will become part of Argon & Co. Its expertise spans manufacturing and the wider supply chain, working together with clients to achieve performance improvement and business process excellence. With its deep technical expertise, operational experience, leadership development approach and change management capabilities, it is a welcome addition to the Argon & Co family. The two consultancies share the same standards, approach to client care and passion for making a real difference.

Argon & Co’s global expansion plans continue to unfold as it extends the size of its existing footprint in Europe to provide clients with on-the-ground capability where needed. As a result of R&G joining Argon & Co, the group is able to offer clients in-market expertise from local consultants in the Netherlands, Switzerland and Germany, as well as enhancing its existing capabilities in the UK and France.

“We are very happy to join the Argon & Co team. R&G was founded over 15 years ago, building on GE’s global Six Sigma heritage, which got further enriched with operations executives and Lean consultants trained at Toyota’s factories in Japan. This unique dual first-hand experience, along with R&G’s proprietary data-driven methodologies to improve manufacturing and the supply chain can now be introduced to clients of Argon & Co throughout the world.” says Christian Mertz, co-founder of R&G Global Consultants.

“This move enables the R&G team, methods and capabilities developed over the years to prosper and grow in a large, fast-moving, global consultancy which shares our practical approach and client-centric DNA, with long established clients across multiple industries. It is simply a very powerful combination.” says Aart Willem de Wolf, co-founder of R&G Global Consultants

“R&G’s capabilities and impressive results-driven approach make it a welcome addition to Argon & Co. In a globalised economy with increasingly complex business processes, where the digital revolution favours a highly sophisticated use of data, and where environmental concerns encourage companies to re-think their operations, Argon & Co is ideally positioned to meet the challenges of its clients across the globe.” adds Yvan Salamon, CEO of Argon & Co.

About R&G Global Consultants
R&G delivers business results for its clients by improving operational performance, optimising key processes and implementing sustainable change. From the shop floor through to the boardroom, it empowers people to optimise their performance through data and accountability, sharpen their focus and enable better decisions and teamwork. It works together with clients from exploration all the way through to implementation.

R&G has consultants in the Netherlands, France, Switzerland, UK and Germany. It is part of Argon & Co, the global management consultancy that specialises in operations strategy and transformation.

3 new member firms in Thailand, Serbia and Australia: “We are very pleased to welcome three outstanding firms as new members of Globalscope.”

Globalscope convened its semi-annual Fall Meeting in October 2020 by video conference. Despite the restrictions of the ongoing COVID-19 pandemic, member firms are adapting, developing new opportunities and delivering success on behalf of clients. Jim Keeling, President of Globalscope, said “while we would prefer to meet in person, consistent with past practices, business must go on. Video conferences keep us connected with our membership, promote international M&A activities and develop best practices during these unusual times. Notwithstanding the pandemic, our 55 independent member M&A firms, operating as one global family in 48 countries, participated in two full days of video presentations of over 100 prospective transactions. Not only did this verify the viability of M&A activity worldwide, but it was wonderful to see almost 100 of our senior colleagues from across the world experiencing the power of exchanging ideas and the impact this has on transaction completions”.

3 new member firms in Thailand, Serbia and Australia

“We are very pleased to welcome three outstanding firms as new members of Globalscope”, said Martijn Peters, Head of Member Recruitment. “We continually look to expand our international network by inviting new members, who are carefully selected and vetted as sharing our core values. I believe all three achieve this aim and further strengthen our geographic footprint in Asia, Eastern Europe and Australia”.

AWR LLOYD (Bangkok, Thailand and multiple offices in Asia) said, “Globalscope was introduced to us via friends in Asia and Europe. We were immediately attracted to the idea of joining a family of like-minded investment banking boutiques, passionate about M&A”.

ESFA (Serbia, Belgrade) Managing Director Dragan Bosiljkic said, “We are sure that the partnership with the Globalscope network will help us to improve our business through the development of our transaction management approach and cross-border cooperation. We will benefit from widening the framework of our market expansion strategy for our clients”.

When asked, “Why Globalscope?” Michael Rovira of Octavian Group (South Perth, Australia) said, “Globalscope was the natural choice for our firm as we continue to enhance our international presence, providing our Australian clients with greater exposure to cross-border opportunities. We look forward to working with Globalscope members in the same spirit of openness and camaraderie that members have shown us during our dealings to date”.

Globalscope achievements and awards

The Fall Conference concluded with our traditional “Toast to Liquidity”, celebrating €3.2 Billion in transaction closings in 2019 by Globalscope member firms. Mr. Keeling reported, “The Technology, Media and Telecommunications sector saw robust growth since our Spring Conference, with exit multiples reaching record levels in the United States. Additionally, M&A activity appears to be picking up in recent months”. Globalscope also presented its “Oscar Awards” for transactions completed since the Spring Conference. Congratulations to the winners!

Most Active Member – Carlsquare (Germany and other European offices)

Most Valuable Deal – Portofino (Israel)

Globalscope Flagship Deal – Carlsquare (Germany) & DEX (Netherlands)

Globalscope will continue its biannual schedule with its next conference in April 2021.

As one of the fastest growing companies in the Netherlands, DEX international M&A has been awarded by Dutch newspaper het Financieele Dagblad as FD Gazelle 2020.

Since its foundation in 2015, DEX international M&A has grown every consecutive year in turnover, number of employees and – most importantly – the number of successfully completed transactions.

We are proud of the DEX team and the confidence our clients have in us. Together with our clients we continue working on great deals!

DEX international M&A acted as exclusive M&A advisor to the shareholders of PR-agencies Glasnost and Fitzgerald on the sale to and participation in Ace (previously known as Born05 Group).

With this transaction the Born05 Group takes the next step to realize its vision of a fully integrated service palette for brands. The joining of these two leading agencies the group now counts over 160 employees, with creative hubs in Utrecht and Amsterdam.

Rogier IJzermans, Born05 Group CEO: “PR is an extremely important part of our ambition to build and serve strong brands on every level. We don’t consider PR as the final step of a process, but more as an integral part of everything we do. Not many agencies work this way. Glasnost and Fitzgerald know how to incorporate PR from strategy to realization. Wouter and his team build a fantastic company in the past 8 years with an equally strong reputation. We are a match on every level, both personally and businesswise. I am really excited to see these agencies, after Born05 and Blauw Gras, join our group.”

Wouter Glaser, founder of Glasnost: “It has always been our dream to enter the international stage for top brands in the field of PR and marketing within 15 years. We want to join a group of likeminded people to be able to add value to the full spectrum of our services. A cultural and strategic click was hereby crucial for us. With the Born05 Group we found a club that welcomes the open culture of Glasnost and Fitzgerald completely. We will participate in building the group so we can operate on an even larger scale with even more impact. That’s not only inspirational for us as entrepreneurs, but also for our employees. It has been a rollercoaster ride, but this is the start of a great adventure”

“We don’t believe in earn-out”

Born05 Group takes over all shares from Glasnost and Fitzgerald. The shareholders of both agencies buy themselves back in into the group. IJzermans: “We believe in the stimulation of entrepreneurship: you have to feel it instead of buy it. An earn-out is based on a lock-up period, a buy-in is based on the ambition to grow together.” Glasnost will strengthen the hub in Amsterdam, together with Blauw Gras. Fitzgerald will join the hub in Utrecht. Born05 Group expects to grow in the upcoming years in the fields of branding, advertising, technology, media, data and performance.

About Born05 Group
Born05 Group consists of: Born05, Newborn, Airborne, Blauw Gras, Glasnost and Fitzgerald. The group constantly works on the optimization of her services for organizations and brands. Among its many clients are KLM, Nederlandse Loterij, Samsung, bol.com, Unilever, KPN, Greenchoice, ASN Bank, Adyen, Google, Rituals and McDonald’s.

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DEX international M&A acted as exclusive advisor to the shareholder of AIMED to Brussels based Dilaco.

The team of AIMED consists of highly educated consultants specialized in application packaging, and distribution and management of applications. The business of AIMED includes Workplace-as-a-Service, AppLabs, an Application management -as-a-service focused on SMEs, and AIMED Academy providing expert training programs on application and workplace management. AIMED is located in ‘s-Hertogenbosch and has an innovation office in Zoetermeer, the Netherlands.

With this acquisition Dilaco further strengthens its optimization and deployment capabilities in Workplace-as-a-Service and its consulting competences in application management and system administration. The acquisition firmly establishes Dilaco in the Dutch market and expands its presence in local governments and public services.

Piet Janssens, the leader of AIMED, will join the management team of Dilaco where he will continue to focus on building the business both within the Dutch market and within the relevant expertise areas.

After creating many new partnerships this year with best-in-class technology companies, launching new and innovative service products, and transforming the operations hub in Zaventem to become best in its class, the addition of the AIMED team is yet another installment on the journey of Dilaco to become a truly leading and influential IT Services company in the heart of Europe.

After having advised Raak Metals on the sale to Gilde Equity Management, DEX international M&A advised the Raak Metals Group on the add-on acquisition of Stolwerk Metaal.

Stolwerk Metaal, a well-known metal recycler in West-Brabant, becomes part of the Raak Metals Group. The acquisition will further strengthen the market position of Raak Metals in the Southern part of the Netherlands. The combination will process more than 110,000 tons of metal per year resulting in more than EUR 40m in revenue.

Raak Metals Group is a recycler of ferrous and non-ferrous metals with locations in Tilburg, Best and Elst. The company unburdens its clients with container services, recycling advise and (on-site) disassembly. In addition, Raak Metals Group has built up in-depth expertise regarding the recycling of transformers, power cables and cast iron. In February of this year, Gilde Equity Management joined Raak Metals as a shareholder.

Stolwerk Metaal is a family-owned company that was founded in 1967. Today, the company is a leading metal recycler in West-Brabant. Stolwerk Metaal collects its metals through container services and demolition projects.

Maarten van Raak (CEO Raak Metals):
“In February 2020 we welcomed Gilde Equity Management as investor. Together we have embarked on a multi-year plan with the goal to grow the Raak Metals Group into one of the leaders in the Dutch metal recycling market. Joining forces with the well-known family business Stolwerk Metaal is a great step for us.”

Ronald Stolwerk (CEO Stolwerk Metaal):
“My father founded Stolwerk Metaal in 1967. Since 1999, I have been the director and owner of Stolwerk Metaal. This made the choice to sell the family business very difficult at first. Nevertheless, I realize joining Raak Metals is a major step forward and I have the utmost confidence that the company is in good hands with Raak Metals and Gilde.”

Eschwin Hetzenauer (Partner at Gilde Equity Management):
“In the world of today, the use of secondary raw materials is becoming increasingly important. It is a new dawn for an old industry. Raak Metals and Stolwerk Metaal are proven frontrunners in collecting and recycling metal scrap. The acquisition of Stolwerk Metaal will further strengthen the market position of Raak Metals.”

DEX international M&A and Carlsquare together acted as exclusive M&A advisors to Serviceware.

Serviceware SE continues to consistently implement its growth strategy and has extended its ESM platform by adding Messaging and Chat functions. Serviceware has secured the technology of Smoope for this purpose. The technology for the messaging and chat functions of Smoope as well as the know-how of the company will in future be integrated into the Serviceware Group.

With Smoope, Serviceware extends its unique modular ESM platform by adding a safe and smart communication solution and thus strengthens its market position in the rapidly growing worldwide Messaging area. Smoope offers companies safe and intuitive messaging and chat solutions. The Smoope messaging and chat functions can be seamlessly integrated into apps and existing websites. They allow companies to enter directly into contact with their users. Additional downloads or log-ins are not necessary. Moreover, Smoope offers companies a solution for internal communication with the Smoope collaboration platform. Employees can have a straightforward exchange in individual and group chats and solve tasks rapidly and effectively. In addition, the Smoope communication solutions can be upgraded by adding features such as chatbots.

Serviceware is one of the leading providers of software solutions for the digitization and automation of service processes (Enterprise Service Management), enabling companies to increase service quality and efficiently manage service costs. The core of the portfolio is the Serviceware platform which includes the software solutions Serviceware Processes (helpLine), Serviceware Financial (anafee), Serviceware Resources (Careware), Serviceware Knowledge (SABIO) and Serviceware Performance (cubus outperform). All solutions can be integrated but can also be used independently of each other.

Serviceware supports customers from delivering strategic consulting over defining service strategies all the way to implementation with the Serviceware platform.

Dirk K. Martin, CEO of Serviceware:
“The integration of the smoope technology is another important step in view of the further development of our portfolio. Good service results from the direct interaction and communication with customers. Simple, personal and above all quick communication is a central aspect of service provision which has developed into a major success driver for companies. Messaging services enjoy a high acceptance across all age groups. With the solutions by smoope, companies retain control over customer interfaces and data and can develop a new form of customer loyalty. With smoope we greatly strengthen our market position in the field of Messaging.”

DEX international M&A and Carlsquare together acted as exclusive M&A advisors to Serviceware.

DEX international M&A acted as exclusive M&A advisor to the shareholders of ISProjects on the sale to Nedvest.

About ISProjects:
ISProjects is the largest independent supplier of Procure-to-Pay software solutions in the Benelux. The company has over 250 clients and develops smart software for invoice processing, expense claims, procurement and contract management.

About Nedvest:
Nedvest is a Dutch private equity firm. It is currently shareholder in 14 companies, which together employ over a thousand people and collectively generate annual revenues of roughly €300 million.

DEX international M&A acted as sell-side advisor for Meyer Burger.

Meyer Burger Technology Ltd, the listed Swiss technology company has sold its Dutch subsidiary PiXDRO to Süss MicroTec, the listed German manufacturer of equipment and process solutions for microstructuring in the semiconductor industry.

DEX international M&A acted as sell-side advisor for Meyer Burger.

Meyer Burger divests Meyer Burger (Netherlands) B.V.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) has sold its inkjet printing business (PiXDRO) located in Meyer Burger (Netherlands) B.V. in Eindhoven (NL) to Süss MicroTec SE headquartered in Germany. The approximately 30 employees will transfer from Meyer Burger (Netherlands) B.V. to Süss MicroTec SE.

“With this divestment an optimal solution has been achieved for all parties. As part of Süss MicroTec, the PiXDRO technology has good prospects for growth “, explains Meyer Burger CEO Hans Brändle the decision to sell. “This transaction is a further step in Meyer Burger’s focus on a strategic PV business with our successful Heterojunction / SmartWire technologies as well as on promising next generation cell technologies”, Brändle continued.

The offer by Süss MicroTec proved superior in a broad-based bidding process conducted by DEX International M&A. This and the validity of the underlying valuation were confirmed by an independent Financial Opinion from IFBC AG (Zurich). The CEO of Süss MicroTec, Dr. Franz Richter, is also a member of the Board of Directors of Meyer Burger and therefore he was not involved by Meyer Burger in this transaction.

The Technology and Product Centre in Eindhoven (Netherlands) develops and manufactures leading technologies and solutions in the field of inkjet solutions for the electronics and semiconductor industries. Meyer Burger will continue to purchase certain products and services from its former subsidiary in the future.

Süss MicroTec (www.suss.com) is one of the world’s leading manufacturers of equipment and process solutions for microstructuring in the semiconductor industry and related markets. In close cooperation with research institutes and industry partners, Süss MicroTec advances the development of new technologies such as 3D integration and nanoimprint lithography as well as key processes for MEMS and LED production. The Süss Group is headquartered in Garching near Munich. Süss MicroTec (ISIN: DE000A1K0235, WKN: A1K023) is listed on the Frankfurt Stock Exchange in Germany.

DEX international M&A advised the shareholders of Blokland Cold Stores on the sale to Van Rooi Group

Blokland Cold Stores, a fourth generation family company, has been sold to Van Rooi Group.

Blokland Cold Stores is a full-service cold storage facility specialized in meat, juices and, increasingly, dairy and vegetables. Blokland is located in Cuijk, the Netherlands. In 2013, at the 100 year anniversary of the company, Blokland Cold Stores was granted the predicate of royal warrant holder by the King of The Netherlands. Owner Jan Blokland and his cousin and co-owner, Peter Blokland, have sold the company to Van Rooi Group. Peter Blokland will continue to stay on as managing director.

About Blokland Cold Stores

Blokland has a cold storage capacity of 100,000m3 (22,500 pallet positions) and offers a wide range of additional services such as packing, order picking, blast freezing and defreezing. The company is fully certified and a proud member of Nekovri (Dutch cold storage association). Blokland is licensed for export to major international markets and one of only four Dutch cold stores licensed to export meat to China.

About Van Rooi Group

Van Rooi Group is a family business that has a long history in pig farming and meat processing. The Van Rooi Group now consists of livestock trade in Lieshout, a slaughterhouse, production location and cold store in Helmond, a production location in Someren and several locations abroad. The group has an annual turnover of more than €500 million.

DEX international M&A acted as exclusive M&A advisor to the shareholders of Blokland Cold Stores.

DEX international M&A advised the shareholders of Raak Metals on the sale to Gilde Equity Management

“In 2017, we celebrated our 100th anniversary. Since Raak Metals was founded by my great-grandfather Antoon van Raak, we have become a leading metal recycler in the southern part of the Netherlands. We have achieved this position due to our complete service offering and expertise in recycling of ferrous and non-ferrous metals. Our clients consist of corporates, local SMEs and individuals who we serve through one of our three locations.”, says Maarten van Raak, CEO and owner of Raak Metals. “We are delighted that a leading private equity investor such as Gilde supports Raak Metals in its next phase of growth. With Gilde on board we found an experienced partner to become a leading national player in the metal recycling market.”

“Gilde is impressed by the rich family history of Raak Metals and its development over the last couple of years. With the opening of a new location in Best in 2014 and the acquisition of Martens Metaal in 2018, Raak Metals has established a firm basis for further national growth. We want to support Raak Metals to become a national leader and have a strong believe in the strategy that has been set out to do so.” says Gerhard Nordemann, managing partner of Gilde Equity Management.

About Raak Metals Group

Raak Metals Group is a recycler of ferrous and non-ferrous metals with locations in Tilburg, Best and Elst. In 2019, Raak Metals recycled almost 80,000 tons of metal. The company offers a complete service to its clients including container services, recycling advise and (on-site) disassembly. The container service includes placing (at the client’s site), changing and weighing containers with metal scrap. After the purchase of metals, the company recycles and delivers it to end-users. In order offer these services, Raak Metals has its own fleet of trucks and containers. The recycling advise includes consulting clients on the optimum separation of their metal waste. In addition, Raak Metals offers (on-site) disassembly services for machines, installations and other constructions that contain high quantities of metal. Through the acquisition of Martens Metaal in 2018, Raak Metals also adopted an expertise in the disassembly and recycling of transformers, power cables and cast iron. Finally, clients can bring scrap metal to one of Raak Metals’ locations as well.

About Gilde Equity Management

Gilde Equity Management (GEM) is an independent private equity firm with EUR 1 billion of assets under management. Since its foundation in the mid-90s, Gilde has been one of the leading investors in the SME market and has successfully achieved (international) growth with many of its (former) portfolio companies. Examples of GEM’s investments are Dunlop, a leading global manufacturer of protective footwear; Fruityline, a producer of premium freshly squeezed fruit and vegetable juices and smoothies; Wasco, a technical wholesaler in the field of HVAC and sanitary equipment; Actief Interim, one of the largest staffing companies for the SME segment in the Benelux and Germany; Eiffel, a specialized consultancy firm in the field of legal, finance and process; ; Kwantum & Leen Bakker, leading discount retailers in the Dutch and Belgian home furnishing and decoration sector; For more information, please visit our website https://www.gembenelux.com/.

DEX international M&A acted as exclusive M&A advisor to the shareholders of Raak Metals.

Carlsquare and DEX international M&A acted as buy-side advisors for Serviceware SE.

Serviceware SE continues to implement its growth strategy and has acquired 100 percent of the shares in cubus AG. cubus is a leading software provider in the fields of Corporate Performance Management/ Business Intelligence .The cubus software enables companies and individual profit centres to analyse their financial KPIs and to prepare on this basis viable plans, forecasts and simulations for the future development of their balance sheet, their profit and loss account as well as their cash flow statement, amongst other things. In this way, corporate decision makers are offered a reliable basis to manage their company or profit centre.

With the cubus software, Serviceware connects the Financial Management of the own Enterprise Service Management (ESM) platform – where Serviceware already holds an extremely strong position with the software solution anafee – with the Corporate Finance department of companies. This is particularly attractive for large and medium-sized companies, which operate their Shared Services in subsidiaries or as a profit centre.

The acquisition of cubus is Serviceware’s second takeover since its IPO in April 2018. Last year, Serviceware extended its integrated ESM platform by acquiring the knowledge management specialist SABIO.

Dirk K. Martin, CEO and founder of Serviceware:

“With cubus we are supplementing our platform by adding the important module Corporate Performance Management/ Business Intelligence. With this platform solution from a single source, we will be able to address large customers in future even more effectively. Furthermore, we see considerable cross-selling potential between our existing customer base and the customers of cubus. Consequently, we continue to expand our market leadership in Europe as a digitizer of service processes in companies. We continue to consistently implement our strategy based on the three pillars extension of our ESM platform, enhanced addressing of large customers and accelerated internationalization. The acquisition of cubus complements this strategy perfectly.”

Harald Matzke, co-Founder and Member of the Executive Board of cubus AG:

“With Serviceware we have the perfect partner to further accelerate our growth. The products and competences are ideally complementing each other. For customers this results in significant added values from the integrated product portfolio. We are looking forward to being internationally successful as part of the growing Serviceware family and establishing a European market leader.”

Carlsquare acted as the exclusive financial advisor to Serviceware.

About Serviceware SE Serviceware is a leading provider of software solutions for digitising and automating service processes that enterprises can use to improve their service quality and efficiently manage their service costs. The unique integrated and modular ESM platform consists of the proprietary software solutions helpLine (Service Management), anafee (Financial Management), Careware (Field and Customer Service Management), SABIO (Knowledge Management) and cubus (Corporate Performance Management / Business Intelligence). Serviceware has more than 800 customers from a wide range of industries, including nine DAX-listed companies and four of the seven largest German companies. The company is headquartered in Bad Camberg, Germany. Serviceware has more than 400 employees.

Carlsquare and DEX international M&A acted as buy-side advisors for Serviceware SE.

DEX international M&A advised the shareholder of Schellevis on the sale to Gilde Equity Management

Schellevis, the leading producer of concrete landscaping elements and horticulture products, welcomes Gilde Equity Management ( GEM ) Benelux as a new shareholder.

“We are proud to say that we are one of the leading producers of high-end concrete landscaping elements. We have achieved this position due to the unique character of our products created by our specific production process in combination with the use of the right materials.”, says Peter (“Piet”) van Vugt, CEO and owner of Schellevis. “We are delighted that a renowned investor such as Gilde supports Schellevis in the next phase of its development. With Gilde on board we have the financial capacity to invest in accelerated international growth and to expand our product range.”

Schellevis is a well-known player in the market for landscaping elements. The company’s products are very popular with gardeners and landscape architects. This is a/o due to the natural “basaltlava-like” look of the products and the wide product portfolio of the company, which enables gardeners and landscape architects to consistently design gardens. Apart from getting its inspiration from the environment, the company is also constantly focused on sustainability in its manufacturing process. A combination of these factors has led to a high demand for Schellevis products in the Netherlands and aroused interest from neighboring countries such as Germany, Belgium and the United Kingdom.

“Gilde has been looking at Schellevis’ market position and growth for some time and has a lot of respect for what the company has accomplished so far: the strong development that Schellevis has undergone in the Netherlands in recent years is now being replicated in Germany, Belgium and the United Kingdom. With the experience obtained in the Dutch market, Schellevis is ready to accelerate international growth, which will be realized through a/o investments in sales and marketing and through the opening of a production location in one of the neighboring countries to better serve international customers. To facilitate the current growth, Schellevis has recently expanded its production facility in Dussen as well.” says Gerhard Nordemann, managing partner of Gilde Equity Management. “This transaction offers us the opportunity to support this very promising company in further international expansion.”

About Schellevis

With its products, Schellevis has gained a strong position among installers and garden and landscape architects. The company’s products are predominantly used for gardens, but can be found in public places such as parks and squares as well. In addition, the company also produces concrete products for the horticultural sector. Schellevis produces all products at its production location in Dussen. The company’s customers are mainly distributors and wholesalers who can choose to collect the products at the Dussen location themselves or let Schellevis arrange the transportation. The majority of Schellevis’ turnover is generated in the Netherlands. In addition, the company also acquired a strong position in the German and Belgian market in recent years and noticed that there is a strong demand for its products from the United Kingdom.

About Gilde Equity Management

Gilde Equity Management (GEM) Benelux is an independent private equity firm with EUR 1 billion of assets under management. Since its foundation in the mid-90s, Gilde has been one of the leading investors in the SME market in the Benelux and has successfully achieved international growth with many of its (former) portfolio companies. Examples of GEM Benelux’ investments are Wasco, a technical wholesaler in the field of HVAC and sanitary equipment; Eiffel, a specialized consultancy firm in the field of legal, finance and process; Conteyor, an international player in reusable packaging solutions for the automotive industry; and Leen Bakker, a discount retailer in the Dutch and Belgian home furnishing and decoration sector; For more information, please visit our website www.gembenelux.com.

DEX international M&A acted as exclusive M&A advisor to the shareholder of Schellevis.

DEX international M&A acted as M&A advisor to Workrate.

Workrate, a Dutch security services company headquartered in Amsterdam, has acquired Wach- und Schließgesellschaft Kaiserslautern (WuS) based in Kaiserslautern.

WuS is a security services company specialized in the security of buildings and objects in southwest Germany. The acquisition further expands Workrate’s presence in Germany.

DEX international M&A acted as M&A advisor to Workrate.

DEX international M&A advised the shareholders of Dakaccent on the management participation.
DAKaccent Nederland is specialized in the maintenance and renovation of roofs.

Globalscope, the international M&A network, is pleased to announce the successful expansion of its global partner base which now extends across 48 countries covering all major world economies. The new partners were elected at the 24th semi-annual Globalscope conference, hosted by Georgian member firm, Alliance Group Capital (AGC).

Delegates from member firms across the world, gathered in Tbilisi, Georgia, to collaborate on international deal opportunities with fellow members, discuss global industry trends and develop M&A best practices. AGC’s CEO Aieti Kukava, stated “Alliance Group Capital is one of the key players of the Georgian economy. We were pleased to host this conference and facilitate the opportunity for Globalscope member companies to become acquainted with the investment potential of Georgia and the surrounding regions of Eastern Europe and Asia.”

This conference saw two new observer firms, SORTIS Invest EOOD of Bulgaria, and PôNT CVC of Mexico, attending to present as prospective members. The network approved membership for both firms and welcomed the new partners. Upon acceptance to membership, SORTIS Chairman Martin Paev, commented, “We are pleased that SORTIS has become the Bulgarian member of Globalscope as we are joining a group of more than 600 like-minded professionals that share the same values. In just 3 days we identified more than 30 potential merger and acquisition opportunities and the team at SORTIS Invest is already working on them in cooperation with other Globalscope members.”

Other newly appointed member Raúl Fabre of PôNT CVC commented, “PÔNT is excited to join the 55 independent M&A firms and one global family which comprises Globalscope, and which provides wide international reach combined with deep industry and M&A expertise. This is a genuine example of thinking globally and acting locally – 55 firms with a thorough understanding of the culture and needs of local companies and their owners as well as those of worldwide

investors. We are confident Globalscope will further fuel the continuous growth and success of PÔNT in Mexico and the Latin American countries where it operates.”

DEX international M&A acted as advisor to the shareholder of Gaev Dental.

Opportununity Partners, the private equity firm founded by Robert van der Wallen,  has entered into a partnership with Gaev Dental, a dental practice focused on prevention and maintenance.

The investment of Opportunity Partners is aimed at accelerating the expansion of Gaev Dental in the Netherlands under the leadership of its owner Jochem de Rooij.

DEX international M&A acted as advisor to the shareholder of Gaev Dental.

Globalscope held its 23rd semi-annual conference in Panama City, Panama, from April 18-21, organized by Insignia Financial Advisors.

During the conference, members were hosted atop the iconic Panama Locks for a Gala Dinner at which awards were made honouring Globalscope member firms for the most prestigious deals in the preceding six months:

• MOST ACTIVE MEMBER: DEX international M&A, Netherlands – 5 deals
• LARGEST DEAL: Palladio Corporate Finance – €336 million
• GLOBALSCOPE FLAGSHIP DEAL: Tenzing Partners, Luxembourg and CatCap, Germany

Members will next be meeting in Tbilisi, Georgia in September 2018 for the Autumn semi-annual conference being hosted by Georgian member firm, Alliance Group Capital.

Globalscope Partners Ltd, the international M&A network, is pleased to announce the successful expansion of its global partner base to 55 firms in 46 countries.

The new partners were elected at the 23rd semi-annual Globalscope conference, hosted by Panamanian member firm, Insignia Financial Advisors. Delegate firms from across the world met in the Old Quarter of Panama City, a World Heritage Site, to develop deal opportunities with fellow members, discuss trends in global M&A and hear from transaction experts on best practice.

This conference saw two new observer firms, Estrategia en Accion of Colombia and a’XYKno Capital Services of India, attending to present as prospective members. Both were voted in and welcomed as new partners. They are the network’s 54th and 55th member firms.

DEX international M&A acted as advisor to the shareholders of Cow Hills.

NewPort Buyout Fund I Coöperatief U.A. (NewPort) has entered into a partnership with Cow Hills Retail, a market leading provider of international omnichannel software solutions (point of sale) for the retail industry.

The investment of NewPort will facilitate the expansion of Cow Hills’ service offering which is focussed on design and development of point of sale software for international food and non-food retailers.

DEX international M&A acted as advisor to the shareholders of Cow Hills.

DEX international M&A acted as financial advisor to TIGIT.

TIGIT, a Dutch IT managed services company based in Arnhem, has acquired PST Business Services based in Tiel.

PST is a managed services company specialized in business- and IT infrastructure monitoring, security and disaster recovery.

DEX international M&A acted as financial advisor to TIGIT.

DEX international M&A acted as financial advisor to Raak Metals.

Raak Metals, a family-owned metal recycling company founded in 1916 and based in Tilburg and Best, has acquired Martens Metaal Elst, a metal recycling company founded in 1920.

Combined, the companies cover the complete metal recycling value chain of collection, disassembly, shredding and recycling.

DEX international M&A acted as financial advisor to Raak Metals.

DEX international M&A acted as advisor to the shareholder of LBS.

LBS is a producer and supplier of synthetic- & rubber conveyor belts and components. The company delivers products to the food, agri- and horticulture, building and industry sectors. LBS Emmen is the owner of the Probelt®, HoneyBee®, Hotcleat®, Ecocleat® and MultiCutter® brands.
LBS was sold to Rupro Beheer, a Rema Tip Top company.

Rupro Beheer is the parent company of a group of Dutch companies, which are operating in the automotive and industrial sectors. Rupro Beheer is a subsidiary of REMA TIP TOP AG, a global supplier of products and services in conveying and treatment techniques, as well as tyre repair applications. The company employs more than 6.300 people and consists of more than 150 subsidiaries and participations.

DEX international M&A acted as advisor to the shareholder of LBS.

Hunkemöller International, one of the leading lingerie and ladies underwear brands in Europe, announced to acquire 61 retail outlets from 12 franchisees in Holland.

Owned by the Carlyle Group since 2016, Hunkemöller runs an omni-channel operation, which contains own-operated stores, shop-in-shops, e-commerce and international franchise units. The company has 4,000 employees and operations in 23 countries.

DEX international M&A acted as financial advisor to Hunkemöller International BV.

www.businessinsider.nl;

Lingerieketen Hunkemöller wil snel groeien en daarbij zitten franchisenemers in de weg. Daarom wil het bedrijf alle franchisewinkels in Nederland overnemen, meldt het Financieele Dagblad. Het is vrij uitzonderlijk dat een winkelketen zijn eigen franchisewinkels opkoopt.

Hunkemöller wil het aantal winkels binnen vijf jaar verdubbelen tot 1600 en denkt sneller te kunnen uitbreiden als het helemaal zelf aan de knoppen zit, zegt financiële topman Ron Hemmer in het FD:

“Er komen steeds meer productgroepen, meer productvarianten, grotere winkels en de investeringen nemen toe. We hebben vastgesteld dat in deze nieuwe retail franchise lastig is. Daar zit complexiteit in en dat zal alleen maar meer worden.”

DEX international M&A acted as financial advisor to Cire Facility Group.

Cire Facility Group has acquired TCW Groep based in Utrecht.

TCW Groep is a full-service supplier of non-food products to hotels, restaurants and bars.

Cire Facility Group participates in a leading group of Dutch and Belgian facility service providers.. All the companies in the portfolio have distinctive capacities that add value to their clients’ primary processes through hospitality and experience concepts. The company, with  €140 million turnover, is owned by entrepreneurs Eric Wentink and Henk den Hollander.

DEX international M&A acted as financial advisor to Cire Facility Group.

Mark Klein Haneveld and Floris de Klerk appointed as new consultants.

DEX international continues its growth path with the addition of Mark Klein Haneveld and Floris de Klerk to its team.

Mark studied Finance (Master, CFA track) at Tilburg University and the Chinese University of Hong Kong.

Floris has an MSc in Management from Nyenrode Business University. He has a broad experience in the international sailing industry (yacht management, racing and brokerage).

Floris de Klerk

Mark Klein Haneveld

Software Improvement Group (SIG) announces that Auxilium Capital has acquired the company together with entrepreneurial investors Robert Pijselman and Luc Brandts, and management of SIG.

Supported by the experienced team of investors, SIG will be able to expand globally and continue to capture growth opportunities by helping its clients fundamentally improve the architecture, security and performance of the software enterprise applications that support every aspect of their businesses. Auxilium has acquired the company from its founders Mr. Wildvank, Mr. Kuipers and Mr. Klint.

About SIG
SIG, founded in 2000 as a spin-off from CWI (Centrum Wiskunde & Informatica; “the Netherlands’ national research institute for mathematics and computer science”) is a growing consultancy company specialized in tool-based advice on software quality. Drawing on proprietary methods and extensive expertise, SIG helps organizations fundamentally improve the security and performance of the enterprise applications that support every aspect of their businesses. SIG operates a unique software evaluation laboratory governed by the Quality Management System as required by the ISO/IEC 17025 international standard for testing and calibration laboratories. SIG is the only organization accredited by TÜViT for evaluating software products for the Trusted Product Maintainability certification. Headquartered in Amsterdam with regional offices in the Nordics, Belgium, and Germany, SIG employs a world-class expert team of more than 100 people, withexceptional scientific credentials. Please see www.sig.eu for more information.

About Auxilium
Auxilium Capital, founded in 2016, is a growth-focused investor. It invests in Dutch companies with a proven track-record and an operating result of at least EUR 1m. Auxilium Capital takes majority stakes in companies that have a proven business model, solid performance and clear growth potential. Auxilium has no closed fund structure, enabling it to invest in the long term. Please see www.auxilium.capital for more information.

Globalscope Partners Ltd., the international network of M&A advisors, is ranked number 7 for number of deals in Europe, in the Thomson Reuters Financial Advisory Review (for deals up to US$50m) for the Q1 2017 period.

Martijn Peters, Director of Globalscope, stated, “As Globalscope, we are pleased to be recognized as one of the most active dealmakers in Europe. Moreover, I am excited that our deal volume includes a high number of cross-border transactions. Our clients are benefiting from our vast office network and international approach.”

Please visit http://www.globalscopepartners.com/members  for a full list of Globalscope’s member firms and locations.

Globalscope Partners Ltd., an international M&A network, is pleased to share the news of the successful expansion of its international partner base to 53 members in 43 countries.

At the 21st semi-annual conference, hosted by Benedetti & Associates and Palladio Corporate Finance, more than 85 delegates met in Milan to discuss deal opportunities, hear from local industry and M&A experts, meet local investors and develop the network. The programme opened with an M&A cocktail party at Palazzo Visconti where Globalscope members met with Milan’s top Private Equity representatives, and heard from Erik F. Nielsen, Global Chief Economist at Unicredit. The 2½ day conference programme incorporated best practice presentations on marketing, integration and collaboration within the network, and working with PE firms. In addition, the Globalscope group also undertook briefings on the Italian economy, and M&A in Italy from law firm CBA Studio Legale e Tributario. The whole event was set in historic surroundings, the gala dinner being held at Palazzo Cusani, which was preceeded by a tour of Terrazza Duomo 21, the halls of which include Mussolini’s private office in Milan. Globalscope sector experts met with their teams and updated the network on the current trends and completed transactions, whilst all participants utilized the one -to-one deal meetings with Globalscope peers on behalf of their clients.

DEX international M&A acted as advisor to Bureau Zuidema.

Bureau Zuidema, the leading Dutch specialist in personal influence training programs for professionals, has acquired the IP and all business in Europe, Middle East and Africa from Situation Management Systems, Inc based in Nashua, NH, USA.

Situation Management Systems is the owner of the famous Positive Power and Influence Program™, that was developed at Harvard Business School in the 1960s and has since been used by many Fortune 500 companies in over 35 countries.

Bureau Zuidema has been a licensee of the Positive Power and Influence and related programs for the Benelux market since the 1970s and has now acquired full ownership for the EMEA region. It will invest in new media applications and will work closely with the existing 20 licensees in the region to further expand the business.

DEX international M&A acted as advisor to Bureau Zuidema.

DEX international M&A acted as advisor to the shareholders of Rexx Trading BV.

Bovenstein BV has sold Rexx Trading BV to a group of investors.

Rexx Trading BV is a successful and fast-growing wholesaler, specialized in selling lamps, fixtures and related products to BtC and BtB clients in the Netherlands and Belgium.

The company sells proprietary products under its own brand name YPHIX.

DEX international M&A acted as advisor to the shareholders of Rexx Trading BV.

DEX international M&A acted as advisor to the shareholders of Rexx Trading BV.

Bencis Capital Partners, an independent investment company, joins Cire Facility Group as shareholder of EW Facility Services.

EW Facility Services is a multi-service facility company active in the Netherlands and Belgium. The company is market leader in the hotel sector and has an annual turnover of € 87 million.

“In Bencis, Cire Facility Group has found a strategic partner that will financially support and accelerate our international acquisition strategy”, says Henk den Hollander of Cire Facility Group. “EW Facility Services will also continue to invest in its services to retain its leading position in the field of hospitality concepts.”

“We believe in the further expansion of our organisation in the Netherlands and Belgium, and we see a growing demand among international hotel chains in a number of European countries for a professional facilities partner with a hospitality-based approach”, adds Bas Cornelissen, Managing Director of EW Facility Services. “Our management team are delighted that the company can take the next step and that our growth ambitions can be achieved. With the arrival of Bencis, we now have the opportunity to step up the pace of our strategy.”

Bencis is an independent investment company that supports entrepreneurs and management teams in achieving their growth ambitions. Bencis has been investing in strong, successful businesses in the Netherlands and Belgium from its offices in Amsterdam and Brussels since 1999.

Cire Facility Group participates in a leading group of Dutch and Belgian facility service providers.. All the companies in the portfolio have distinctive capacities that add value to their clients’ primary processes through hospitality and experience concepts. The business, with a €139.5 million turnover, is owned by entrepreneurs Eric Wentink and Henk den Hollander.

DEX international M&A acted as advisor to the shareholders of Vitamine&Zo.

Auxilium Capital, an independent investment company, has joined the founders as shareholders of Vitamine&Zo.

Vitamine&Zo is a fast-growing supplier of fruit to companies, organizations and schools. The company is active in the Netherlands and Belgium and has a market leading position in both countries.

Auxilium Capital is an independent investor in Dutch companies with a proven track-record and an operating result of at least € 1 million. Auxilium Capital invests in companies that have a proven business model, solid performance and clear growth potential.

DEX international M&A acted as advisor to the shareholders of Vitamine&Zo.

Globalscope Partners, the international M&A network, is pleased to announce the successful expansion of its international partner base to 45 partners in 37 countries.

At the 19th semi-annual conference, hosted by Beijing HRS Consulting, more than 60 delegates met in Shanghai to discuss deal opportunities, hear from local industry and M&A experts, and develop the network. Beijing HRS organized a two-day tour prior to the conference with company visits to key economic areas close to Shanghai. During deal meeting-sessions at the conference, members had time to explore deal opportunities for their clients. Guest speakers from Morning Whistle Group, Grandall Law Firm and Fieldfisher talked about M&A and PE practice in China. In sector meetings, the markets and deal opportunities of specific sectors were discussed. Insignia Financial Advisors from Panama attended the conference to present their firm for membership and was voted in and welcomed as a new partner.

DEX international M&A contributed to The European Internet industry 2015 study conducted by Globalscope partner CatCap from Germany. Some highlights from the report:

• After an extraordinarily strong M&A year in 2014, both the number of M&A transactions – 575 deals in 2015 – and deal sizes remained at a high level
• Internet IPOs in 2015 outperformed the benchmark TecDax and Nasdaq in terms of price development
• An increasing number of European companies are valued at €1bn or more
• The European Internet industry sees a continued trend towards consolidation and big players needing to find new business models

If you are interested in receiving the report, please contact us.

DEX international M&A acted as advisor to the shareholders of Facility Trade Group.

Facility Trade Group, holding company of Blue Wave and ASP Cleaning Products, has acquired Dirksen. Alex Postma, managing director of Dirksen, will become co-owner and director of Facility Trade Group. Dirksen will continue to operate under its own brand name and its leadership team will remain unchanged.

The strategic merger is based on the complementarity of the product portfolio of Dirksen and Blue Wave / ASP Cleaning Products, plus the shared belief that entrepreneurship and efficiency are key success factors for growth.

Dirksen is an added value distributor of cleaning products and has a strong expertise in professional work wear and machines.

Facility Trade Group is a group of independent suppliers of van cleaning systems, hygiene concepts and hotel supplies, aiming to offer the best integral solutions for customers and end-users. The group realizes total revenues of over € 21 million with 65 employees.

DEX international M&A acted as advisor to the shareholders of Facility Trade Group.

DEX international M&A advised IDB Holland on the sale to Advanced Accelerator Applications.

Advanced Accelerator Applications S.A. from New York (Nasdaq: AAAP), an international specialist in Molecular Nuclear Medicine announced today that it has acquired 100% of the shares of the IDB Group. The IDB Group includes IDB Holland bv, IDB Radiopharmacy bv and Beheermaatschappij Weelde bv and is a leading manufacturer of Lutetium 177 (Lu-177). IDB produces, markets and sells Lu-177 under the brand name LuMark®, and has established this product as the leading brand of Lutetium 177 worldwide. LuMark® is the only Lu-177 product to have received European Marketing Authorization.

Acquiring the IDB Group will enable AAA to own the leading global supplier of Lu-177 for Lutathera and build its own Lu-177 manufacturing business. This acquisition strengthens AAA’s leadership position in the European market and is in line with the company’s vertical integration strategy.

Stefano Buono, Chief Executive Officer of AAA commented: “We believe that our key product candidate Lutathera has the potential to dramatically shift the treatment paradigm for patients with progressive neuroendocrine tumors and improve the standard of care for this disease. With this shift in treatment, Lu-177 chloride has a significant opportunity to be recognized as an important radiopharmaceutical precursor.”

The IDB Group, located in Baarle-Nassau, the Netherlands, is the leading international isotope manufacturer and supplier. The company is active in over 25 countries. Products distributed by IDB include a Ge-68/Ga-68 generator, which is used in state-of-the-art PET peptide imaging such as Somakit.

Advanced Accelerator Applications (AAA) is a radiopharmaceutical company that develops innovative diagnostic and therapeutic products. AAA’s main focus is in the field of molecular imaging and targeted, individualized therapy for patients with serious conditions (“Personalized Medicine”). AAA currently has 17 production and R&D facilities able to manufacture both diagnostics and therapeutic MNM products, and has over 390 employees in 11 countries (France, Italy, UK, Germany, Switzerland, Spain, Poland, Portugal, Israel, U.S. and Canada). AAA is listed on the Nasdaq Global Select Market under the ticker “AAAP”.

DEX International M&A acted as advisor to the shareholders of IDB Group.

Globalscope Partners, the international M&A network, is pleased to announce the successful expansion of the network at the 18^th Semi-Annual Conference in Tel Aviv.

A total of 60 delegates convened at the David Intercontinental Hotel, Tel Aviv. The 3 day conference format gave Globalscope members ample time to explore M&A opportunities for their clients, with the agenda dedicated to deal meetings and presentations from PE funds such as FIMI, the leading private equity firm in Israel with more than $2 billion in assets under management, and Jerusalem Venture Partners (“JVP”), one of Israel’s largest and most active venture capital funds.  Additionally, business owners from key areas of interest to Globalscope’s sector groups were invited to present to the group and members then continued discussions in one to one meetings.

During the conference, Globalscope welcomed one new member firm: Common Ground Corporate Finance, from Belgium as its 46^th member. Common Ground is a strong mid-market M&A firm with sector specialisations in Financial Services, Agriculture, and Private Equity.  Globalscope now has members in 39 countries worldwide.

Rapida B.V. has acquired Snel Industrie voor Karton en Papierveredeling B.V., producer of cardboard packaging products.

With 50 years experience, Snel is one of Europe’s largest specialists in the field of assembly and finishing of cardboard packaging products. In the plant in Bemmel (NL), cardboard is being punched, windowed, folded and pasted into all kinds of packaging products. Clients include leading brands from the food and non-food industries in the Netherlands, Belgium and Germany.

Rapida aims to accelerate the growth of Snel by introducing new packaging products, performing additional activities and through expansion in Germany.

DEX international M&A acted as M&A advisor to Rapida B.V.

DEX international M&A advised Trade Holding on the acquisition of ASP Cleaning Products

Blue Wave, leading Dutch supplier of cleaning systems, hygiene concepts and hotel supplies, and ASP Cleaning Products, announced that Trade Holding, the parent company of Blue Wave, has acquired ASP Cleaning Products in Zoetermeer. The basis for this strategic acquisition is the complementary assortment and the common belief that entrepreneurship and efficiency are the success factors for growth.

Blue Wave and ASP Cleaning Products see benefits for their customers in various areas. Both companies expect an efficiency increase in purchasing and logistics, an improvement of the service performance due to wider assortment and enlarged regional presence.

“Beside the synergy benefits, we value ASP as an attractive partner because of their geographic position and their proven service concept. Factors that create direct advantages for our clients”, says Ferry van Sluijters, Managing Director of Blue Wave. Pim Blankert, Managing Director of ASP Cleaning Products, is also very positive about the merger : “We are glad to join a national player with a strong back office without losing regional presence and identity. This aligns well with our ambitions”.

DEX international M&A acted as M&A advisor to Trade Holding.

Globalscope Partners, the international M&A network, is pleased to announce the successful expansion of the network at the 17th Semi-Annual Conference in Jakarta.

A total of 37 delegates from the Globalscope partner base attended the conference, which was held at the newly opened Raffles Hotel in Jakarta. The 5 day conference format incorporated a new segment, co-hosted by KADIN, the Indonesian Chamber of Commerce, welcoming numerous local and ASEAN industry leaders to meet with Globalscope delegates to discuss opportunities and to network. Globalscope partners have commented that the access to local markets and direct contact with business owners provided a unique insight into the region, and take away several new opportunities to offer their clients.

During the conference, Globalscope welcomed two new member firms, both leading M&A advisors in their respective countries:

• Impello Management AS, from Norway
• Tomkins Turner, from Australia

Bjørnar Reitan, Partner of Impello Management AS, commented, “We were extremely pleased to attend the Globalscope conference in Jakarta and meet with an established international group of mid-market M&A firms. We are excited to explore the cross-border opportunities within strong Norwegian sectors like oil & gas, energy, aquaculture and high-technology. We also look forward to tight collaboration with our Nordic / Northern-European colleagues”.

Todd Grover, Managing Director of Tomkins Turner, commented, “We are delighted to have been accepted as new partners. The professionalism of the Globalscope partners and extensive reach of the network has far exceeded our expectations already. We are really looking forward to doing more cross border transactions with our new partners and believe that our Perth office strategically complements the existing coverage in AsiaPAC.”

Michael Moritz, President of Globalscope, commented, “I would like to pay special thanks to Fadjar Sutandi, and the team at NaXeL iPartners, for organising this very special event that brought Globalscope partners together, including our new colleagues from the ex-Asia M&A network, for the first time since the merger in Athens last October.”

DEX international M&A contributed to a study conducted by Globalscope partner CatCap from Germany. Some highlights from the report: 668 transactions, +31% compared to 2013, 27 initial public offerings – the European Internet industry is booming – further consolidation expected. If you are interested in receiving the report, please contact us.

Following the recent semi-annual conference in Athens in 2014, Globalscope partners is pleased to announce that ScandCap bv, the M&A specialist in Stockholm, has joined the Globalscope.

Johan Frenckner, Managing Partner at ScandCap, commented, “Through Globalscope we increase our global presence across all continents as well as our international industry experience, so we can advise, and support our clients all over the globe”.

Michael Moritz, President of Globalscope, commented, “We are extremely pleased to welcome ScandCap to our growing roster of outstanding mid-market M&A Advisory firms. Johan and his team are a great asset to the Globalscope network and we look forward to discussing opportunities when we meet at the next semi-annual conference on 23 March in Jakarta. Globalscope now has 44 firms in 37 countries, with a significant footprint in the major global business hubs.”

Please visit our website for a full list of Globalscope’s members and locations.

At the recent semi-annual conference in Athens, the members of the Globalscope network voted unanimously in favour of a merger with Asia M&A Group. The merger adds 9 key firms in Asia, and boosts the total Globalscope roster to 44 firms in 38 countries.

The firms joining Globalscope from Asia M&A Group include:

RCS Advisors (India) Pvt. Ltd. – Pune, India

a’XYKno Capital Services Ltd. – Mumbai, India

Naxel iPartners – Jakarta, Indonesia

Kaede Financial Advisory Inc. – Tokyo, Japan

H-Partners – Seoul, Korea

Stirling Coleman – Singapore

Nexus Group – Hanoi, Vietnam

Auxesia Holdings – Ho Chi Minh City, Vietnam

MBMG Corporate Solutions Co. Ltd. – Bangkok, Thailand

Martijn Peters, Globalscope board member and head of expansion for Globalscope commented, “Our focus for the last 12 months has been to recruit quality M&A firms to join Globalscope. After meeting with several networks to explore the possibility of merging with a like-minded, highly focussed and active group of M&A advisors who share the same values and drive, I am delighted Asia M&A Group has agreed to join forces with Globalscope Partners.”

Josh Park, Managing Director of Asia M&A Group, and board member of Globalscope, said, “We immediately recognised the numerous synergies between both networks; our like-minded philosophy, quality of service and innovative approach to meet client’s needs. The merger with Globalscope perfectly complements our existing network and extends our international M&A capability.”

Michael Moritz, President of Globalscope, further commented, “It is with great pleasure that we announce the merger of Globalscope and Asia M&A Group. Globalscope now has 44 firms in 38 countries, and a significant footprint in every major global business hub. Globalscope is the go-to international M&A network for mid-market domestic and international M&A transactions.”