Back to News

Acquisition of Novagraaf Group

05.10.2007

Utrecht – Gilde Buy-Out Partners, Halder and AlpInvest Partners and other shareholders today announced their agreement on the acquisition by funds managed by Gilde of Novagraaf Holding BV. Terms of the transaction were not disclosed. Management and key employees will invest alongside Gilde in the transaction.

Novagraaf is an Intellectual Property consulting group, one of Europe’s leading service providers in the field. More than 350 dedicated professionals and staff members across Europe deliver a full range of Intellectual Property services.

Commenting on the transaction, Eric-Jan Vink, a director at Gilde Buy Out Partners, said: “We are excited to be backing a strong management team and highly knowledgeable employees in a growing industry and believe that the company is an attractive platform for growth in IP services. We are also pleased that Ad Verkuyten, former CEO of RTD (Röntgen Technische Dienst), will join Novagraaf as Chairman of the Supervisory Board.

 

Utrecht – Gilde Buy-Out Partners, Halder and AlpInvest Partners and other shareholders today announced their agreement on the acquisition by funds managed by Gilde of Novagraaf Holding BV. Terms of the transaction were not disclosed. Management and key employees will invest alongside Gilde in the transaction.
Novagraaf is an Intellectual Property consulting group, one of Europe’s leading service providers in the field. More than 350 dedicated professionals and staff members across Europe deliver a full range of Intellectual Property services.
Commenting on the transaction, Eric-Jan Vink, a director at Gilde Buy Out Partners, said: “We are excited to be backing a strong management team and highly knowledgeable employees in a growing industry and believe that the company is an attractive platform for growth in IP services. We are also pleased that Ad Verkuyten, former CEO of RTD (Röntgen Technische Dienst), will join Novagraaf as Chairman of the Supervisory Board.
About Gilde Buy-Out Partners
With funds under management in excess of EUR 1 billion, Gilde Buy-Out Partners is a midmarket buy-out investor with a geographical focus on the Benelux, Germany, France and Switzerland. We have offices in Utrecht, Paris and Zurich.Recently, Gilde closed the EUR 425 million acquisition of Groupe Novasep in France which was acquired from Rockwood. Groupe Novasep is a leading provider of synthesis and purification solutions to the life science industries.
Novagraaf is the fifth investment of Gilde Buy-Out Fund III, a EUR 600 million buy out fund that closed in 2006. In total Gilde manages funds exceeding EUR 1.5 billion and has invested in more than 200 companies since it was founded in 1982. Other recent investments by Gilde include Kroon-Oil, Heiploeg, Hamal Signature and Arovit.

 


About Gilde Buy-Out Partners

With funds under management in excess of EUR 1 billion, Gilde Buy-Out Partners is a midmarket buy-out investor with a geographical focus on the Benelux, Germany, France and Switzerland. We have offices in Utrecht, Paris and Zurich.
Recently, Gilde closed the EUR 425 million acquisition of Groupe Novasep in France which was acquired from Rockwood. Groupe Novasep is a leading provider of synthesis and purification solutions to the life science industries.

Novagraaf is the fifth investment of Gilde Buy-Out Fund III, a EUR 600 million buy out fund that closed in 2006. In total Gilde manages funds exceeding EUR 1.5 billion and has invested in more than 200 companies since it was founded in 1982. Other recent investments by Gilde include Kroon-Oil, Heiploeg, Hamal Signature and Arovit.

About Halder

Halder (www.halder.nl) specializes in medium-sized buy-outs of profitable manufacturing, service and trading enterprises with good market positions. Halder participations in the Netherlands include Geveke (technical wholesaling and system integrator), Euretco (service provider for non-food retailing), ANP (press agency), De Groot International (fruit & vegetable wholesaling), Low Land Fashion (international wholesaler in private label clothing), Bever Zwerfsport (specialist outdoor sports articles retailer), Operator Groep Delft (OGD) (ICT services), Hebu (hydraulic components), Prolyte (aluminium truss systems) and BMC Group (advisor for the public sector). Halder is a part of GIMV, Belgium’s largest listed investment company, with about EUR 1.5 billion under management (www.gimv.com)

About AlpInvest Partners

AlpInvest Partners is one of the largest private equity investors in the World with over EUR 35 billion of assets under management. Approximately 80% of these funds are invested by AlpInvest Partners in private equity funds globally, with the remainder invested directly in companies as a co-investor in Europe and the US. AlpInvest Partners has 67 investment professionals based in Amsterdam, New York and Hong Kong. Its shareholders and main clients are ABP and PGGM, two of the largest pension funds in the world with respectively EUR 209 billion and EUR 80 billion of assets under management (as per December 2006). To learn more about AlpInvest Partners visit www.alpinvest.com

Contact for Novagraaf:
Ad Verkuyten
+31 6 53 17 43 89

Contact for Gilde Buy Out Partners:
Eric-Jan Vink
+31 30 2192522

Contacts for Halder:
Ward Bouwers
+31 70 3618 605

Contact for AlpInvest Partners:
Frans Wierstra
+31 20 5407524