Private equity in Netherlands

Allen & Overy LLP

Karine Kodde heads up Allen & Overy LLP's investment management practice, whose market-leading reputation is underpinned by its work for many of the largest private equity houses in the Benelux region. It excels in assisting clients with structuring, establishing and investing into private equity funds. In addition, the firm advises on acquisitions and disposals of portfolio companies. Complementing its robust funds and M&A capabilities are notable strengths in finance and tax. Annelies van der Pauw and Jasper de Jong are recommended.

Practice head(s):

Karine Kodde

Key clients

3i

Avedon Capital Partners

Bencis Capital Partners

Egeria

EQT

Equistone

Exponent Private Equity

IK Investment Partners

NPM Capital

PAI Partners

Parcom Capital

Strikwerda Investments

Bain Capital

Perusa

Opportunity Partners

Volpi Capital

Riverside Company

Life Sciences Partners (LSP)

Work highlights

  • Advised Bencis Capital Partners on the acquisition of fitness centre chains Fit For Free and SportCity from Avedon Capital Partners.
  • Advised Photobox Group on the acquisition of Dutch online cards and gifting retailer Greetz.
  • Advised Volpi Capital on the acquisition of CycloMedia from Avedon Capital Partners.

Clifford Chance

Clifford Chance provides its private equity clients with cross-border, multi-disciplinary support. Its varied client list includes leading international private equity firms, which the team regularly advises on high-value deals. Hans Beerlage leads the department and specialises in corporate finance, M&A and equity capital markets. The 'practical and pragmaticGregory Crookes is recommended, particularly for complex cross-border M&A and joint ventures. Thijs Alexander joined from Stibbe.

Practice head(s):

Hans Beerlage

Testimonials

Knowledgeable, pragmatic and “on the case.

Gregory Crookes is practical and pragmatic.

Key clients

Partners Group No

3i No

Gilde

Pon Holdings

KKR

EQT Partners

Apax Partners

CVC Capital Partners

Work highlights

  • Advised Partners Group on the parallel acquisitions of Megadyne Group and Ammeraal Beltech.
  • Advised ChemicalInvest on the acquisition of Fibrant by Highsun Group.
  • Advised KKR portfolio company Q-Park on the disposal of Q-Park Operations.

De Brauw Blackstone Westbroek

De Brauw Blackstone Westbroek’s prominence in the private equity sphere has made it a go-to firm for both domestic and international private equity clients. The ‘highly motivated’ team is led by practice head Lennard Keijzer. As one of the foremost names in the sector, he has handled sell-side and buy-side mandates for clients such as Waterland Private Equity and BC Partners and also has strong knowledge of warranty & indemnity insurance and management participation schemes. Work of particular note includes acting for the buyer in the $655m cross-border acquisition of Sonneborn by HollyFrontier Corporation.

Practice head(s):

Lennard Keijzer

Key clients

ABN AMRO

BC Partners

CVC Capital Partners

Fortino Capital Partners

Gilde Buy Out Partners

HollyFrontier Corporation

Mollie

Parcom Capital

Rabobank / Bouwfonds IM

Ramphastos Investments

Summa Equity

Synthon Holding

Triton Partners

Waterland Private Equity

247TailorSteel

3i

Advent International

Work highlights

  • Advised Gilde Buy Out Partners on the acquisition of shares in Eichholts.
  • Advised  ABN AMRO on the sale of a stake in the investment funds of ABN AMRO Participaties, which will continue as Capital A.
  • Advised CVC Capital Partners and Joop vn den Ende on the sale of 100% of its shares in  international theatrical production company Stage Entertainment B.V.

Freshfields Bruckhaus Deringer

Houthoff

Houthoff  fields a 'creative and solution-oriented' team which is 'very effective' at negotiating. As part of the corporate/M&A group, the private equity team has strong expertise in the oil and gas, agri-food, infrastructure, utilities and technology sectors. It is also building a strong Asia client base. The team is headed by Alexander Kaarls, who has a 'great approach to challenging issues' and Bram Caudri  and Michiel Pannekoek are also noted practitioners. Maurits de Haan has been promoted to partner.  

Practice head(s):

Alexander Kaarls

Testimonials

‘One of the Netherlands’ leading PE teams – and deservedly so. Responsive, hands-on, creative and solution-oriented.’

‘Alexander Kaarls has great business acumen to advise on commercial issues in the deal and a great demeanor and approach to challenging issues. His approach is firm but fair.’

‘Responsive, practical mindset and strong interpersonal skills.’

‘Maurits de Haan is the Partner I work with on all my deals. He is able to oversee the deal in its entirety, also aspects beyond his responsibility. He organizes the full integration on the legal side, helps to negotiate and gives solicited and unsolicited advice throughout. He is always available and always willing to go the extra mile.’

‘Bram Caudri is always available and engaged, plugged-in and well liked.’

‘The Houthoff M&A team is extremely dedicated. They are a full extention of the deal team in many aspects. Of course, they provide top-quality legal advise, and they do this in a pragmatic and effective way. They are very effective negotiators to win key points in the deal. And they are a great team to work with.’

‘Michiel Pannekoek is a creative, entrepreneurial legal advisor who always comes up with a working solution. He thinks as an entrepreneur and is a pleasure to work with.’

‘Business and strategic approach. Not only taking the legal perspective.’

‘Bram Caudri puts pragmatic solutions above all else. He is also effective and to the point.’

‘The deal team was a good combination of strong, experienced associates with partner oversight. The associates on the deal had the requisite amount of deal experience to handle most issues, with great management at the partner level. I highly recommend this team for large PE backed deals.’

‘They understand the mid market characteristics very well, combined with an in depth legal knowledge.’

Key clients

IK Investment Partners

Active Capital Company

Waterland Private Equity

H2 Equity Partners

Elliott Management

Latour Capital

BC Partners

EQT

Apollo Global Management

Doughty Hanson

Lion Capital

Riverside

Equistone Partners Europe

European Capital

Work highlights

  • Advised the shareholders (Waterland Private Equity and management) on the sale of the Infradata group to IK Investment Partners.
  • Represented Oerlemans Foods B.V., an H2 Equity Partners portfolio company, in the sale of Oerlemans Foods Waalwijk B.V. and Oerlemans Foods International B.V., including the latter’s Polish subsidiaries.
  • Houthoff assisted Elliott, in its capacity as 7.2% shareholder of Dutch chipmaker NXP, in Qualcomm’s takeover bid for NXP.

Loyens & Loeff

Led by practice heads Herman Kaemingk and Harmen Holtrop , Loyens & Loeff's team covers the entire private equity cycle on behalf of houses such as the Carlyle Group and ING Corporate Investment. As an important constituent part of Loyens' larger corporate practice the team has a strong M&A focus, recently advising on several high value acquisitions in both the entertainment and infrastructure sectors. With offices across the Benelux region and in Switzerland, the firm is able to offer multi-jurisdictional services to its clients.

Practice head(s):

Herman Kaemingk; Harmen Holtrop

Key clients

Gilde Buy Out Partners

NPM Capital

AAC Capital Partners

EQT

Nimbus

Holland Capital

Torqx Capital Partners

Gimv

KKR

Summit Partners

Sun Capital Partners

The Carlyle Group

ING Corporate Investments

BlackFin Capital Partners

Towerbrook Capital Partners

Marlin Equity Partners

3i Group

Westmont Hospitality Group

Eurazeo Capital

Work highlights

  • Advised the Carlyle Group and GIC on the acquisition of a division from Akzo Nobel.
  • Advised on the sale of Encko FoodGroup’s meat business to Gilde Buy Out Partners.
  • Advised Index Ventures on its acquisition of a minority stake in GeoPhy in a Series B Funding round.

NautaDutilh

NautaDutilh captures a significant share of the market for transactions in the Netherlands and wider Benelux region. It is seen by many private equity funds and portfolio companies as a first port of call for assistance with matters ranging from initial investments into businesses to exits. In addition to providing standalone advice to clients, the firm also works with other international law firms on deals with a pan-European and global dimension. The joint heads of the practice are Joost den Engelsman and Gaike Dalenoord, who have a strong track record acting for Benelux and international private equity houses. Senior associate Sophie van Lanschot is another key figure.

Testimonials

NautaDutilh has the full breadth of legal coverage in-house to support us on any transaction. It has the best private equity team we have worked with so far.

Strong commercial minded team working in partnership with clients to deliver transactions – pragmatic approach and good experience/reputation across market. Trusted adviser for transactions in Netherlands.

‘Joost den Engelsman is a true partner to clients – he has a strong commercial mindset, delivering transactions in a pragmatic and efficient manner (with a good view on risks) as well as supporting clients through network of industry relationships.

Key clients

Apollo

Apax Partners (France)

Bain Capital

Bay Grove

Capvis

The Carlyle Group

Centerbridge Partners

CPP Investment Board

HAL Investments

iCON Infrastructure

Lion Capital

Levine Leichtman Capital Partners

Madison Dearborn Partners

NPM Capital

Ramphastos

Smile Invest

TA Associates

TPG Capital

Vista Equity Partners

Work highlights

  • Acted for BC Partners on its investment in Synthon International Holding B.V.
  • Acted for Bain Capital on its investment in DSM Sinochem Pharmaceuticals.
  • Acted for Levine Leichtman Capital Partners on its investment in SK AeroSafety Group.

Stibbe

The team at Stibbe focuses on complex, cross-border private equity deals. Leading domestic and international private equity firms seek the firm’s advice on high-profile transactions, with practice head Björn van der Klip and key partner Hans Witteveen leading on many of the firm's most significant deals. Thijs Alexander  left to join Clifford Chance.

Practice head(s):

Björn van der Klip

Key clients

Apax Partners

Apollo

Avedon Capital Partners

Audax Private Equity

Bain Capital

BC Partners

Blackstone

Clayton, Dubilier & Rice

Dasym Investment Strategies

Egeria

Goldman Sachs Merchant Banking

General Atlantic

H.I.G. Capital

HPE Growth Capital

Insight Venture Partners

Investcorp

KPS Capital Partners

Lone Star

Lindsay Goldberg

Montagu Private Equity

OMERS Private Equity

PAI Partners

Providence Equity Partners

Quadrant Capital Advisors

Rhône Capital

Silver Lake Partners

The Carlyle Group

Unitas Capital

Vision Capital

Vitruvian Partners

Warburg Pincus

Work highlights

  • Advised KKR on the acquisition of Exact Software from Apax Partners.
  • Advised Bain Capital on the acquisition of Kantar from WPP.
  • Advised Blackstone on the sale of Sheraton Amsterdam Airport Hotel and Conference Center to Interglobe.

Jones Day

Jones Day’s private equity team provide services to a diverse range of clients; healthcare, technology and speciality chemicals are some sectors of particular focus. Cross-border collaboration with the firm's other offices is common, especially on acquisition work. Practice head Floris Pierik has extensive knowledge of advising international private equity funds on complex transactions, while Mike Jansen brings 25 years of experience to the team. The firm’s role in advising PETRONAS in its €163m acquisition of all shares in Da Vinci, a globally operating speciality chemicals company, is worthy of particular note.

Practice head(s):

Floris Pierik

Key clients

Arsenal Capital Partners

Aurora Resurgence

Creadev/Mobilis

Gimv N.V.

HighBrook Income Property Fund, LP

Irving Place Capital

Randstad Innovation Fund

Xio

Work highlights

  • Advised  Gimv N.V on the acquisition of the family owned business Coolworld Rentals.
  • Advised Aurora Resurgence on the sale of portfolio company Alltub Group to One Equity Partners.
  • Advised Arsenal Capital Partners on the $328m acquisition of Seal for Life Industries from Berry Global Group, Inc.

Lexence

Lexence is particularly active in mid-market transactions, acting for a range of private equity houses in both cross-border and domestic transactions. The 'diverse and constructive' deal team is praised for being 'supportive and dependable' while Luc P.L Habets is described as a 'sharp individual in legal problem-solving'. Notable recent work by other practice head Michiel R van Schooten has included assisting the shareholders of UTI Forwarding and ETE Transport with the sale of all shares in both companies to Nordian Capital.

Practice head(s):

Michiel van Schooten; Luc Habets

Testimonials

Diverse and constructive deal team. Supportive and dependable to keep momentum going and working towards a deal in more difficult situations.

Lexence knows its clients very well, and hence performs a great role in the outsourcing of transaction documentation. The customer-intimate model – ensured by a stable team setting – makes collaboration pleasant and efficient.

Key clients

Waterland Private

Endeit Capital

Dutch Greentech Fund

Standard Investments

Antea Participates

Avedon Capital Partners

Synergia Capital

Keen Venture Partners

Sirius Venture Partners

ING Bank

Capital A

Triton Partners

DM Equity Partners

Fortino Capital

Connected Capital

Tiin Capital

Egeria

Gryphion Capital

Work highlights

  • Advised Top Mondzorg (the owner of Dental Clinics and TopOrtho with 88 clinics in the Netherlands) on its sale to Nordic Capital.
  • Advised keen Venture Partners with the Series B investment in Withlocals.
  • Assisted Base Logistics Group with the acquisition of Special Logistic Services B.V.

Simmons & Simmons

Simmons & Simmons' private equity team operates across a wide range of industry sectors, from asset management to life sciences. Led by Leo Verhoeff , the team typically works on mid-market transactions which recently included the acquisition of one of the largest fresh food hub logistics centers in Europe. Deal teams working on transactions tend to be relatively small providing further cost efficiency to clients. The firm also leverages its global reach, both through its 23 offices and relationships with other firms,  to provide legal advice across jurisdictions .

Practice head(s):

Leo Verhoeff

Testimonials

Leo Verhoeff is be able to combine charm with sharpness; very effective weapon in negotiations.’

Key clients

Gilde Equity Management (GEM) Benelux

Nimbus

Intertrust

Oakley Capital Partners

Qualium Investment

NIBC

Gilde Buy-Out Partners

Hines Global Income Trust

ING Corporate Investments

Kempen & Co

Varova

Vendis Capital

BlackRock

Atream SAS

L’Etoile Properties

Koch Industries

Gilde Healthcare

Refresco Gerber

Ramphastos Investments

Audacia Capital

SEDCO

Fidelity Investments

Arcus Infrastructure Partners

Thomas Cook

DXC

VEON

90 North Real Estate Partners

Savills Investment Management

Sidra Capital

Certitudo Capital

Fletcher Hotels

NIBC Equity Partners

ABN Amro bank

ProVast

Eurus Energy

Work highlights

  • Advised Hines Global Income Trust on the acquisition and acquisition financing of (the assets of) Fresh Park Venlo (FPV).
  • Advised Gilde Equity Management with the sale of Bakker Bart (Bart’s Retail B.V.) to Vital Food Group B.V.
  • Advised US investor Hines Global Income Trust on the €116.5mn acquisition of business park ABC Westland.

Stek

Stek's private equity practice is jointly led by Eelco Bijkerk, Ruben Tros and Maarten van der Graaf. Noted for its focus on mid-market transactions in the Netherlands, the firm has a strong profile among Dutch private equity funds, portfolio companies and management teams. It draws upon strengths in multiple disciplines to cover a wide ambit of transactional and operational matters for clients; areas of expertise include corporate, finance, dispute resolution and competition. The varied work includes investments in new portfolio companies, add-on acquisitions, finance transactions and refinancings, and general commercial issues. Ruben Tros and Maarten van der Graaf are names to note.

Testimonials

‘They build trust and are in control of the process, thereby enabling the whole transaction team involved to anticipate on potential issues before they arise’.

‘Very strong technical and commercial advice which is presented in a concise and responsive manner’.

‘Ruben Tros is an excellent lawyer who confidently takes the lead during due diligence and sell-side negotiations. He is creative and flexible in dealing with transaction obstacles and a very pleasant person to work with.’

Key clients

Bencis Capital Partners

NIBC Mezzanine & Equity Partners

Egeria

Velocity Capital

Fintech Ventures

Rotterdam Port Fund

Capital A Investment Partners

Apax Partners

Brockwell Capital Limited

NedVest

Imker Capital Partners

Smart Impact Investments

Work highlights

  • Advised Apax Partners and its portfolio company SK FireSafety group on the sale of the SK AeroSafety business unit to Levine Leichtman Capital Partners.
  • Advised Rotterdam Port Fund and NIBC Mezzanine & Equity Partners on their joint acquisition of a majority stake in Rolande.
  • Advised EQT and its portfolio company DentConnect / Curaeos on various add-on acquisition

Van Doorne

Van Doorne's private equity practice is noted for its specialist knowledge in advising the management of target companies in PE transactions, but also sponsors that invest in healthcare and FinTech. The team also assists a good number Dutch and international PE houses in transactions, and frequently acts as Dutch co-counsel with top-tier US firms when their PE clients acquire Dutch assets. Corporate/M&A practice head Jeroen Sombezki leads the department.

Practice head(s):

Jeroen Sombezki

Key clients

ABN AMRO Digital Impact Fund

Advent International

Atomico

Aurelius Invest

Dawn Capital

Deutsche Private Equity

EQT Ventures

Fidelium Partners

Gilde Healthcare

Karmijn Kapitaal

Macquarie Capital

Nimbus Private Equity

Nordic Capital

NPM Healthcare

Oakley Capital

Octopus Ventures

Rabobank Private Equity

TPG Sixth Street Partners

York Capital

Work highlights

  • Advising Atomico on its $24m Series B investment in Framer.
  • Advised Færch Plast, a portfolio company of Advent International, with the acquisition of the 4 PET Group through a share deal.
  • Advised the management of Hema with respect to their participation in the buy-out by Marcel Boekhoorn.

AKD

The sizeable team at AKD, led by Nathalie van Woerkom, focuses on mid-market deals, both domestic and cross-border. The team offers 'the personalised attention of a small practice with the high quality of a large international firm' and has a portfolio of high-end domestic clients, including Dutch private equity funds and single family offices. Lennart Crain is noted for his 'consistently outstanding work'; he leads on a number of cross-border matters for the firm.

Practice head(s):

Nathalie van Woerkom

Testimonials

What makes AKD’s PE practice a cut above the rest is that they combine the personalized attention of a small practice with the high quality of a large international firm. This focused approach allows them to treat clients as partners and customize effective legal support.

Hard workers, high technical knowledge and fast responses.

Thoughtful, responsive and efficient. Very enjoyable to work with.

François Koppenol and Nathalie van Woerkom are the bright stars.’

Lennart Crain’s work has been consistently outstanding: he is bright, hardworking, efficient, and creative. While brains and talent are relatively easy to come by in the PE international arena, Lennart differentiated himself by both delivering high-quality legal assistance and building effective client relationships.

Lennart Crain is a smart and sharp hard-worker.

Lennart Crain is very fast and a good negotiator.

Key clients

Health Innovation Fund

BioGeneration Ventures

Inkef Capital

De Hoge Dennen Capital

Newion Investments

Value Enhancement Partners

Shareholders of Augusta Benelux B.V.

West Frisia Vastgoed B.V.

4Dental

Work highlights

  • Advised certain shareholders of Megadyne on their buyout by Partners Group.
  • Advised DW Partners on the sale of two hotels and mixed real estate to Tristan Capital Partners.
  • Advised 4Dental on the sale of shares to Curaeos.

Baker McKenzie

Baker McKenzie’s sizeable team is well respected for its ‘availability, dedication, and persistence’, and maintains long-standing relationships with a number of private equity firms. The practice is led by Mohammed Almarini  and Casper Banz, who both have extensive expertise in corporate transactions  and in cross border M&A work specifically. The firm’s most notable work includes advising the seller in Egeria’s sale of Hitec to Japanese conglomerate Air Water. Legal Director Koen Bos is a valued team member, while Joost Pollman's promotion to Senior Associate is a noteworthy development.

Practice head(s):

Mohammed Almarini; Casper Banz

Testimonials

‘Casper Banz and his team are focused on getting the deal done without wasting time. The team members have been around a couple of years and are working together well. They work hard and are fun to work with.’

Very good team all round.

‘Mohammed Almarini is extremely hard-working and very available.’

‘Very dedicated and easy to work with. A team that fits excellent and delivers well within all settings. The Best lawyer team I worked with regarding relationship management and building bridges between the parties to make the deal work.’

Very like-able and constructive deal makers. They strike a unique balance between creating a constructive dialogue to make the deal work and though negotiations to getting the client a good deal. Availability, dedication, and persistence of the team, up to and including the partner, is excellent. Fun team to work with.

Very good cooperation between M&A team and structuring/notary teams in the Netherlands.’

 

Key clients

Egeria

Wagram Equity Partners

Ergon Capital

BlueGem Capital Partners

Azzurro Associates

RB Family Capital

One Equity Partners Relationship originated from USA

Triacta Over

Beryllium

Koolen & Partners

Work highlights

  • Advised Berilium on the acquisition of majority shares in HeadFirst Source Group N.V.
  • Advised One Equity Partners on the sale of Sonneborn to Holly Frontier.
  • Advised Ergon Capital on the acquisition of a majority stake in TMC, from Gilde Buy Out Partners.

BarentsKrans

BarentsKrans' work in the private equity space entails domestic private equity and venture capital transactions in industry sectors such as technology, biotech, safety and security. Led by Harry Rek, overseas private equity houses also frequently instruct the team in international inbound transactions through its referral network of law firms.

Practice head(s):

Harry Rek

Other key lawyers:

Rhamsey Croes

Key clients

Berwind

InnovaFonds

Athena Investissements

GIMV

Foreman Capital

InnovationQuarter

Work highlights

  • As part of its buy and build strategy Infotheek and its majority shareholder Altor Private Equity acquired 100% of the shares in the capital of Central Point.
  • Amsterdam-based private equity firm Value Enhancement Partners (VEP) has acquired a majority interest in Dutch staffing firm Actos Groep.
  • Assisted French private equity firm Athéna Investissements SAS  and its portfolio company Briconord with the acquisition of the shares in MacLean Products B.V.,  a producer and worldwide market leader of subfloors.

Biesheuvel Jansen advocaten

The 'easy to approach' private equity team at Biesheuvel Jansen advocaten focuses on cross-border and structurally complex transactions. Apart from Dutch and foreign private equity houses, the firm's clientele ranges from local companies to investors and large public corporates. Quirijn Biesheuvel, who 'keeps the big picture in mind' leads the team. Wouter Brugma joined the firm in April 2019, while Babette Waltman arrived in September 2019. Both were previously at Rutgers & Posch.

Practice head(s):

Quirijn Biesheuvel

Testimonials

Very strong partner involvement. Not as with some other firms where the partner has more of a commercial role and most of the work gets done by junior team members. Highly experienced in the Dutch mid-market, also when there is an international angle. They know how to deal with more complex transaction situations.

Small and agile yet extremely knowledgeable. Easy to approach. There was an immediate trust and understanding and good working relationship.

Flexible, extremely motivated, highly skilled, reasonable fees, focus on deal-making and not frustrating the process, honest and fair.

They have a very senior team and have extensive experience in PE/VC transactions, also on the commercial side of it. They offer more than just legal advice – they fully coordinate and manage transactions which give the company/investors more time to focus on other things. Furthermore, speed is a key word in their approach. What also really helped us as a fast growing company (in various countries in Europe) is their global network. Because they worked at firms as Stibbe and Freshfields and regularly act in international transactions their global network is good and they let us benefit from it.

It’s a small practice but with higly unique and talented laywers. They have a lot of experience in negotiation in private equity areas in a way which is constructive to the process. They are not after writing as much as possible hours like most larger firms do, but after quality, effectiveness and making the best deal possible for me as a client (and also the fair advise not to deal when the deal is not good enough). For me the company became highly valuable since I changed from the big corporate firms to this one.

Quirijn Biesheuvel – Commercial, pragmatic and hands-on approach; knows how to deal with entrepreneurs; very involved in all of the details, but also keeps the big picture in mind and very engaged and highly efficient.

Quirjin Biesheuvel – He is a pragmatic, specialist who has a fast and sharp mind. Is able to quickly show me as a client when a proposition is standard and acceptable or when there is the need or possibility for negotiation. Although law is his trade, it’s my business and ideas which are most important to him. He is able to set a balanced list of discussion points in a complex contract negotiation, setting clear goals to achieve per meeting. He is clearly respected for his knowledge by the other parties lawyers. Sometimes his focus on the legal logic of a contract creates some tensions between parties.

Quirijn Biesheuvel – He’s really quick up to speed and has a detailed view on the situation and can then map it onto his experience and advise. During the final negotiations and closing he was always on the ball making sure we did not lose focus.

Rutger Jansen is our trusted advisor, not only legal but also strategic. He is not only an excellent M&A, PE and VC lawyer, but also business savvy and a strong negotiator. He is very responsive and available 24/7 (including the weekend). He is guiding us through difficult processes of M&A and venture capital transactions and corporate governance. One of this associates Rianna Dekkers is also recommend.

Wouter Brugma is my lawyer and is always as honest, clear and helpful as always. In comparison to competitors: he is not hiding beyond a secretary or else, he picks up the phone directly himself, always able to talk the same day to discuss any concerns, clear view of what is happening and very sharp analytics of the case involved. I find that qualities I did not experience frequently with other law firms I do business with for PE cases.

Rutger Jansen – a trusted advisor to our venture fund helping us on all aspects of dealmaking, from term sheets to deal documentation, management agreements and management incentive schemes. Always works from a true understanding of how we wish to work and operate, allowing for us to focus on the business opportunity during a deal proces instead of spending too much time on things (eg documentation, etc) that distract from the opportunity at hand.

Key clients

ARCUS Capital AG

Breed Reply

Credo Ventures

EnCare Biotech

Energiefonds Overijssel

Gadeta

Gate Invest

Health Innovations

Horizons Ventures

Ice Lake Capital

INKEF Capital

InnovationQuarter

Investion

Karmijn Kapitaal

MedFinance

Noaber Ventures

Philips Health Technology Ventures (subsidiary of Koninklijke Philips N.V.)

Slingshot Ventures

Standard Investment

Trigentis

Vesalius Biocapital

Work highlights

  • Advised Slingshot Ventures regarding its investment in Temper.
  • Advising Vesalius Biocapital Partners and DEARhealth on the equity investment by the European Investment Bank and European Investment Fund in DEARhealth, as well as the structuring thereof through one of Vesalius Biocapital Partners’ newly set-up funds.
  • Advising Tiqets and its shareholders on the raising of approximately €8m of fresh capital through convertible equity instruments from, amongst others, Holland Private Equity and Kreos Capital.

deBreij

Operating in the mid-market private equity segment, M&A specialists   deBreij continues to grow in strength adding international names such as NewPort Capital and Reggeborgh Group to its client list. Founding partner Dennis de Breij, Laura Overes, Wytse Huidekoper and Gaston Freijser are the key names to note.

Practice head(s):

Dennis de Breij

Key clients

3i

Reggeborgh Group

NewPort Capital

Nobel Capital

Active Capital

Bolster Investments

Intersaction

CNBB Venture Partners

Veris Investments

A Capital

Walvis Participaties

O2 Capital Partners

Committed Capital

Life Science Partners

Bio Generation Ventures

Gimv

Mentha Capital

Gate Invest

Work highlights

  • Advised the shareholders of SD Holding 1 B.V. on the sale of SmartSD to Smile Invest and management.
  • Advised Bolster Investment Partners on the sale of AIO II (pharmacy chain Medsen and pharmacy Ceban) to Bencis Capital Partners on behalf of Van Lanschot Kempen.
  • Advised Mentha Capital, a Dutch private equity fund, on the acquisition of a majority stake in Lucardi,  the largest jewellery retail chain in the Netherlands.

DLA Piper

In the Dutch private equity market DLA Piper is known for its strong cross-border/global network. In addition to some high-value transactions such as acquisitions, investments and sales, it is also active in the mid-market. It also advises shareholders and management teams. The 'very experienced and knowledgeable' Casper Hamersma leads a 'very strong team of partners and associates'. Max Mayer is another individual to note.

Practice head(s):

Casper Hamersma

Testimonials

‘Highly experienced team that combines strong knowledge of commonly accepted constructs and terms with an ability to think creatively and deliver more tailored solutions where needed to get the deal over the line.’

‘Casper Hamersma as the lead partner remains fully engaged while leading a very strong team of partners and associates from the Amsterdam office of DLA Piper as well as offices in other countries whenever appropriate to involve them in the transaction for local or specialised work.’

‘The DLA Piper team maintains a tight focus and close coordination between the team members and the client. The team leader brings together resources from across the firm, and indeed from other countries as needed, with the result that a complex matter is dealt with in a remarkable time frame and the transaction does not encounter any delay as a result of the legal aspects.’

‘Exceptionally strong leveraged financing practice led by Max Mayer. The leading practice in the market.’

Key clients

NIBS Holding B.V.

Rabo Investment

The Carlyle Group

Synergia Capital

Ploeger Oxbo Group

Vivo Capital LLC

Temasek Capital Management

ACT Commodities Group

NPM Capital

Work highlights

  • Advising NIBS Holding B.V. on the sale to Bencis Capital Partners.
  • The team advised The Carlyle Group on its  acquisition of HSO Group B.V.
  • Advised Rabo Investments B.V. on the acquisition of Buccan B.V. through a 100% NewCo sale and partial roll-over.

Linklaters

At LinklatersJan Willem de Boer provides clients with corporate law, M&A, private equity and restructuring expertise. The team assists Dutch and international clients on areas including new fund formations, and investments.  

Practice head(s):

Jan Willem de Boer 

CMS

Run out of the M&A department, CMS' private equity work is led by Roman Tarlavski who assists private equity houses in relation to acquisitions and investments in the automotive, waste, and high tech industries.

Practice head(s):

Roman Tarlavski

Work highlights

  • Advised Vattenfall on the acquisition of the Dutch energy company DELTA Energie, from EQT.
  • Advised Ultracongelados Virto S.A. with the acquisition of Oerlemans Food Group from Dutch private equity firm H2.

Dentons

In addition to frequently acting as Dutch and European counsel for US private equity powerhouses, Dentons' private equity practice stands out for its tax driven private equity work advising clients on the full gamit of corporate and tax services. The team is particularly proficient in advising on management participations and the setup of equity plans. Kuif Klein Wassink, who advises on equity buyouts in the mid and high end market, leads the team together with private equity tax expert Marnix Veldhuijzen.

Key clients

Abraaj Group

Bluefield Partners

Cathay Investments

CBRE Global Investors

CLSA

Gilde

Kohlberg Kravis Roberts

Opportunity Partners

TINC

Triacta

Vendis Capital

DIF Capital Partners

Work highlights

  • Advising TKH on  the divestment of the majority of industrial connectivity activities.
  • Advising Gilde on the merger of Bakker Bart and Bakerstreet.
  • Advising Triacta on the structuring of its investment into Kouwenberg.

Orange Clover Law

Recognised for its partner-led approach, boutique firm Orange Clover Law advises private equity houses and their portfolio companies on the full range of private equity transactions. This ranges from setting up management participation plans and W&I insurance deals to corporate notarial and acquisition finance services. Pien van Veersen leads the team, which also assists international law firms with its on the ground presence in the Netherlands.

Practice head(s):

Pien van Veersen

Testimonials

Strong partner involvement.

Think this team is able to mix a loose style with die hard legal expertise. Especially important when the counter party is less professional and or new to the block as is more often the case in VC than in PE.

In control of the process. Friendly but firm negotiations.

Mark Loefs embodies a relaxed personal style with excellent legal and negotiation skills.

Key clients

Gilde Buy Out Partners

Capital A Investment Partners

Carlyle Asia Partners

Fortino Capital

HPE Growth Capital

Nimbus

Avedon Capital Partners

Pentahold Capital

Andlinger & Company

Ponooc

Olympus Partners

Orthogon Partners

Oaktree Capital

Triton Partners

Waterland Private Equity

PAI Partners

Work highlights

  • Alongside Kirkland & Ellis, advised Triton on acquiring Sunweb Group, a leading European online tour and travel operator.
  • Advised Gilde Buy Out Partners on the acquisition – with management – of Gundlach Automotive Corporation, the tyre division of Pon Holdings, which operates from Germany, Austria, the Netherlands, Hungary, Slovakia and Sweden.
  • Advised Waterland Private Equity on the acquisition of EuroParcs, a developer and manager of upmarket holiday resorts.