Acquisitions in North Brabant, Netherlands

Funds managed by Castik Capital S.a.r.l. have agreed to acquire a majority stake in Andra Tech Group from funds advised by Equistone Partners Europe, Mountainview Capital Partners and management; Equistone and management will remain minority shareholders. Andra Tech Group, a Netherlands-headquartered group of precision component manufacturers employing ~700 people across 11 sites in the Netherlands and Germany, will pursue an accelerated growth strategy supported by Castik, including geographic expansion and capability development.

EDCO Group signed an agreement with funds advised by Gilde Buy Out Partners for Gilde to become a shareholder in EDCO, supporting the company’s next growth phase. The Adriaanse family will retain a significant interest and continue to run the business with the current management team, with closing expected in Q3 2021 subject to regulatory clearance.

Raak Metals Group has acquired Stolwerk Metaal, a family-owned metal recycler in West Brabant, Netherlands, to strengthen Raak's market position in the southern Netherlands. The deal—executed after Gilde Equity Management joined Raak Metals as a shareholder earlier in 2020—adds processing capacity and expands the combined group's service offering across recycling, container services and demolition projects.

Gilde Equity Management, together with HC Groep management, has acquired HC Groep — a Netherlands-based indoor climate technology and HVAC specialist — from the Airvance Group. The private equity-backed buyout positions HC Groep to accelerate growth across the Netherlands, Germany and the UK by expanding its climate ceiling, air handling, controls and carpark ventilation capabilities.

Gilde Equity Management has become a new investor in Raak Metals Group, a regional recycler of ferrous and non-ferrous metals based in Tilburg, the Netherlands. The investment will support Raak Metals' next phase of growth and its ambition to expand from a regional into a national market leader in metal recycling.

Eikk Onderwijsgroep has entered into a partnership to bring trainers company Kenneth Smit into the group. Kenneth Smit, a market leader in practice-oriented sales and management skills training, will continue operating under its existing leadership while expanding Eikk Onderwijsgroep’s portfolio to six independent labels.

Gilde Equity Management (GEM) Benelux has taken a minority stake in Schellevis, a Dutch producer of high-end concrete landscaping elements and horticulture products headquartered in Dussen. The investment will provide financial capacity for accelerated international expansion, investments in sales & marketing and the opening of a production location abroad to better serve customers in neighboring countries.