Announced
Financials
Tags
Home Improvement Retailers
Friendly
Private Equity
Pending
Private
Majority
Acquisition
Domestic
insulation materials
Netherlands
Single Bidder
Synopsis
Nordian Capital, a private equity firm, agreed to acquire De Isolatieshop, a retailer of insulation material serving contractors, roofers, installation companies, freelancers, trading companies and private individuals. Financial terms were not disclosed. “This is a true Nordian transaction. A young company, rapid growth, internationalization, e-commerce and an operation on-the-ground. With these characteristics, De Isolatieshop has become the largest online supplier of insulation materials in the Netherlands. The company is now entering a new phase, focusing its growth and further professionalization of the business. Tim and Martijn will eventually step down and remain involved with De Isolatieshop as strategic advisors. As true entrepreneurs, they reinvest in the company as shareholders. Their commitment remains unchanged," Joost Sars, Nordian Managing Partner.
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