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New Deal


Announced

Completed

Down2Earth completed the acquisition of a 50% stake in RentalTec.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Electronic Components and Equipment

Belgium

telecommunications equipment

Acquisition

Domestic

Private

Private Equity

Majority

Completed

Friendly

Single Bidder

Synopsis

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Down2Earth, a private equity fund, completed the acquisition of a 50% stake in RentalTec, a test and measurement equipment provider. Financial terms were not disclosed. “We’ve differentiated ourselves for years from other players in the market by offering top-notch customer service and reliability of our devices. We have many plans for the future and with Down2Earth we have found a partner with whom we can accelerate these plans," David Saeys, RentalTec CEO.

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