Alyotech SAS has sold Avance Group B.V. to the management of Avance Group
December 2013 — 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.
Our role in the transaction
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
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn moreGP-Connect has joined forces with Transformation Capital to accelerate growth
Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.
Learn more