Alyotech SAS has sold Avance Group B.V. to the management of Avance Group
The founder and current manager of Avance Group B.V. (Avance) has bought back the company from Alyotech SAS.
Avance was founded in 1991 by its current manager. In 2007, 51% of the shares in Avance were bought by the France-based Alyotech. Alyotech increased its shareholding to 84% in subsequent years. The remaining 16% of the shares were held by the founder and current manager and his affiliates.
After the acquisition by Alyotech, Avance expanded its business through the acquisition of several industry peers and companies active in related sectors.
In 2013, the shareholders of Alyotech instigated a sales process for the Alyotech group.
Oaklins' teams in the Netherlands and France acted as exclusive M&A advisors to the shareholders of Alyotech. The French team ensured smooth communication and coordinated with the shareholders of Alyotech, and the Dutch team managed the communication with the manager of Avance and prepared the marketing materials.
Talk to the deal team
Related deals
SAP Landscapes has secured investment from Renatus Capital Partners
SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.
Learn moreTKC has been acquired by UForm International
Uform International Ltd. has acquired TKC, a portfolio company of NorthEdge, to become the largest specialist supplier to the UK and Ireland kitchen market.
Learn moreNative Communities has been acquired by Greystar Real Estate Partners
Build-to-rent landlord Greystar Real Estate Partners has acquired Native Communities, a living sector and mixed-use management company, from Ares Real Estate. This acquisition strengthens Greystar’s third-party property management capabilities, accelerating its strategy to scale operations across key European markets. The combined business is uniquely positioned to support clients from single assets to complex, multi-country portfolios.
Learn more