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New Deal


Announced

Waterland to acquire Partou from Onex.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private

childcare services

Acquisition

Health Care Services

Domestic

Single Bidder

Netherlands

Private Equity

Majority

health care

Friendly

Synopsis

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Waterland, an independent private equity investment group, agreed to acquire Partou, the largest provider of high-quality childcare in the Netherlands, from Onex, an investment manager. Financial terms were not disclosed. "Waterland’s new fund fits well with this next phase of our organisation, which fulfils an important societal role. I am grateful to the departing investor Onex for their support and trust in the past years and look forward to the continued cooperation with the Dutch Waterland. Nothing will change for employees, parents and children, except that there will be even more focus on the sustainable care and development of each child. Our aim is to make our childcare facilities carbon-neutral, because with more than 700 locations we can make a significant contribution to the health and living environment of future generations," Jeanine Lemmens, Partou CEO.

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