Go to deals
Construction & Engineering Services

Unica has raised financing for the sale of a majority stake to Triton

July 2017 — Triton, the Van Vliet family and Unica's management have successfully raised financing for the acquisition of a majority stake in Unica.

Unica is a family-owned technical services company and industry leader in sustainable solutions. The company offers complementary, specialized and innovative electrical engineering, mechanical engineering and ICT services. It mainly serves clients in non-cyclical sectors, such as data centers, education, healthcare, hospitality and industry. Unica was founded more than 80 years ago and fosters a culture based on family values and long-term sustainable growth. Consequently, Unica has grown strongly from a regional player into the largest independent Dutch technical services company, with more than 2,000 skilled employees and a countrywide footprint.

Both in terms of revenues and profitability, Unica has shown significant growth in recent years and is heading towards revenues of US$576.6 million over the next few years. The company is well positioned to take advantage of the rising demand for sustainable buildings and increasing intelligence in the building environment. In 2016, Unica's revenue grew by more than 20% to US$411.7 million (US$336.7 million in 2015) and the company’s EBITDA almost doubled to US$23.3 million (US$13.5 million in 2015).

Our role in the transaction

Oaklins' team in the Netherlands acted as the exclusive debt advisor to Triton, the Van Vliet family and Unica's management in this fundraising.

“We are pleased that with the professional and dedicated assistance of Oaklins, we found a strong partner in Triton. Triton has considerable experience in the sector and can support us to grow further in line with the strategy that was implemented a few years ago.”

John Quist

CEO, Unica

Talk to the deal team

Bas Stoetzer

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Related deals

Bolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company
Private Equity | Food & Beverage

Bolster Investment Partners has secured debt financing for the acquisition of Royal Taste Company

Bolster Investment Partners has partnered with Royal Taste Company, a leading Dutch custom signature coffee platform offering end-to-end sourcing, blending, roasting, packaging and delivery services. The partnership marks an important next step in Royal Taste Company’s growth trajectory, focused on further geographical expansion, commercial development and selective strategic acquisitions.

Learn more
Selena Group has acquired Grupo IGM
Construction & Engineering Services

Selena Group has acquired Grupo IGM

Selena Group has acquired a 66% stake in Grupo IGM, with the remaining 34% to be acquired after a three-year period through a put and call option mechanism. The transaction reinforces Selena Group’s international growth strategy through M&A and strengthens its position in Western Europe, particularly in the Iberian market. It supports the group’s long-term growth ambitions in sustainable construction solutions, expanding its capabilities and product offering in the energy-efficient construction segment.

Learn more
Berner Group has completed a US$23.4 million private credit financing
Real Estate

Berner Group has completed a US$23.4 million private credit financing

Berner Group has successfully closed a US$23.4 million secured private credit facility to fund the repositioning of a former rehabilitation clinic into a student housing scheme in the Rhine-Main region of Germany. The financing was provided by a private debt fund, and structured across three tranches to address the specific requirements of the transaction, including the refinancing of existing bank facilities, funding of capital expenditure and operating costs during lease-up and a conditional tranche linked to the completion of fire safety and remediation works. The deal was structured with a comprehensive security package comprising a first-ranking land charge, share pledge and subordination agreements with existing lenders. Approximately 1% cash equity was contributed by the sponsor, reflecting the strength of the underlying asset and business plan.

Learn more