Raising financing for Mentha Capital for the acquisition of BlijWerkt and paraDIGMA group
Oaklins supports investor Mentha Capital in its acquisition of a majority stake in BlijWerkt and paraDIGMA group. The new business combination further strengthens its position in the Dutch occupational health and safety market through its other acquisition of De Arbodienst. The Oldenburgische Landesbank AG provides the senior acquisition facility and a revolving credit facility.
Sustainable employability is an increasingly important theme for companies and society where the demand for effective and innovative service is increasing. By joining forces, BlijWerkt and paraDIGMA can further improve the quality and service they provide to customers and lay a solid foundation for further growth.BAREND RUTTEN, MENTHA CAPITAL
The collaboration between BlijWerkt and paraDIGMA group creates a strong and fast-growing combination which challenges the established order with its innovative methods. De Arbodienst and its customers will also benefit from the complementary service package of this new business combination and the focus on sharing knowledge and capacity.
Acquiring two companies at the same time is always an intense process. Together with Mentha and Oldenburgische Landesbank, we arranged a flexible debt package in a short time frame.Bas Stoetzer, Oaklins
BlijWerkt is a health and safety service provider that combines the power of the bigger players with the flexibility and personal attention of the smaller ones. With 120 BlijWerkers, the company is known as a vibrant leader, energizing employers and employees alike, so that ultimately everyone is and remains happy at work.
paraDIGMA group is a fast-growing group of companies operating in the field of sustainable employability. Its occupational health and safety services takes a unique approach to absenteeism, leading to progressive and highly effective absenteeism and health policies within organizations. The group also offers psychological interventions, outplacement and reintegration, labour research and advice, and business training. The paraDIGMA group was founded in 2000 by Rudo Vissers. Mr. Vissers will stay on as director and remain a shareholder in the combination.
Mentha Capital is an independent investment company that focuses on the lower-end of the mid-market in the Benelux. Mentha invests in established, medium-sized and profitable companies that have the opportunity to grow further through a buy-and-build strategy, expansion into new markets or an organizational transition. With more than EUR 400 million under management, Mentha works actively with entrepreneurs to support their companies in realizing their ambitious growth plans.
Debt advisory team
Our dedicated debt advisory professionals provide independent advice to companies in the mid-market. Contact Bas Stoetzer or Jeroen Derkx for more information about this transaction.