Announced
Financials
Tags
brokerage of securities
Diversified Financials
Netherlands
Vending and Catering Service
Private Equity
hospitality services
Pending
Majority
Private
catering services
Acquisition
Friendly
Single Bidder
Synopsis
Bridgepoint agreed to acquire a stake in Vermaat Groep, the Dutch market leader in high-end catering and hospitality services, from Partners Group, a global private markets investment manager, for $4bn. "Vermaat is a clear European leader thanks to its reputation for creativity in formats, quality and food innovation. In a fragmented European market which is underserved by larger groups, the Vermaat platform, working with Bridgepoint, will have the resources and international reach to further develop its German presence and to enter new markets across Europe," Olivier van Riet Paap, Bridgepoint Head of investment activities in Benelux.
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