Sale of Gebr. Van der Steen Bedrijven to Van Dorp Groep
We advised the shareholder of Gebr. Van der Steen Bedrijven in the sale of the family business to Van Dorp Groep. Gebr. Van der Steen is specialised in building, managing and maintaining infrastructure under and above ground.
Picnic raises € 250 million
Online supermarket Picnic raised € 250 million for the construction of a robotized distribution center. ABN Amro puts € 50 million in Picnic whereas and the remainder is invested by current investors who previously invested € 100 million in the company in 2017. The investor group includes NPM Capital, De Hoge Dennen, Hoyberg and Finci. We advised NPM Capital on this financing round.
SET Ventures invests in Flexidao
We advised SET Ventures on its investment in Flexidao, a start-up in the field of energy and blockchain. Existing shareholder KIC Innoenergy also participated in this round. With this investment Flexidao wants to accelerate the international growth of its blockchain-based energy delivery service and develop new use cases based on the existing middleware platform.
Metrological sold to Comcast
Metrological enables operators to seamlessly integrate their TV and OTT content into a single TV viewer experience. The Metrological Application Platform delivers a complete product suite for onboarding and managing the lifecycle of web and native apps and premium OTT services across set-top boxes. We advised the selling shareholders of Metrological on the sale of the company to Comcast Cooperation.
Investment in Derma2Care by Amazing Whale Ventures
We advised Derma2Care with the investment by Amazing Whale Ventures. Derma2Care is specialized in skin therapy, laser treatment and fat-freezing.
Prime Ventures invests in Creative Group
We advised Prime Ventures on its €22 million investment in Creative Group, a Dutch fintech company which offers customers the opportunity to digitally buy or send prepaid credit to spend with their favorite brands. Prime Ventures is the sole investor in this round, acquiring a minority stake in the company.
Owlin Raises $3.5M in Series A Funding
Owlin is the news analytics tool that helps finance professionals monitor their portfolio proactively, continuously, and in real-time. By tapping into more than three million global sources, Owlin saves time and ensures that you never miss vital emerging risks, opportunities, or trends. We advised Owlin on the Series A Funding Round raised from Velocity Capital. The company intends to use the funds to accelerate its growth internationally, especially in the United Kingdom and the United States.
Intrinsic ID secures venture debt loans from EIB and BOM
Intrinsic ID is the world’s leading digital authentication company, providing the Internet of Things with hardware-based root-of-trust security via unclonable identities for any IoT-connected device. Intrinsic ID is a spin-out of Royal Philips Electronics. Investors include Prime Ventures and Robert Bosch Venture Capital. We advised, in cooperation with Rutgers & Posch, the company on the € 11 million venture debt loan from EIB and the €2.5 million venture debt loan from BOM.
Standard Investment acquires 50% interest in Hollandia
We advised Standard Investment on acquiring a 50% interest in Hollandia Structures, Hollandia Infra, Hollandia Services, Everest Industriële Montage and Hollandia UK. Hollandia is one of the leading parties in the field of steel and mechanical engineering in the segments of infrastructure, maintenance, petrochemical, high-rise buildings and utility construction. The business units are transferred to a new holding company called Hollandia Orange, in which Hollandia Holding and Standard Investment each have a 50% interest. The company has its headquarters in Krimpen aan den IJssel and branches in Heijningen, Fijnaart and London (UK). The Hollandia Orange companies achieved a turnover of approximately EUR 100 million in 2018 with a pre-tax result of approximately EUR 6.5 million. The company employs around 300 people.
SurveyMonkey Acquires Usabilla (Customer Feedback Solution)
SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, has announced the acquisition of Usabilla, a leading global Voice of Customer (VoC) technology provider. Usabilla empowers over 450 enterprises in 35 countries, including global brands like Lufthansa, Philips, and Vodafone, to collect, analyze, and act on real-time user feedback to improve their products and customer experience. Headquartered in Amsterdam, Usabilla employs over 130 people in Europe, the United States, and Australia. SurveyMonkey acquires Usabilla for approximately $80 million, comprised of a mix of cash and equity. We advised the selling shareholders of Usabilla.