3 March 2025
Amsterdam – Rivean Capital, a leading European mid-market private equity investor headquartered in the Netherlands, is pleased to announce completion of its investment in Crowe Foederer, a Dutch top-20 full-service audit & advisory firm and member of Crowe Global, one of the largest accounting networks worldwide. Crowe Foederer aims to be the partner of choice for larger SMEs and mid-market clients through its multidisciplinary services offering which includes audit & assurance, financial advisory, tax advisory, HR services, corporate finance and IT services.
Ready for the next phase of growth
Crowe Foederer doubled its revenues and employee base in the last 5 years, and with the support of Rivean Capital, the partners of Crowe Foederer aim to further accelerate growth both organically as well as through acquisitions. In a rapidly consolidating accountancy market where scale is increasingly important, continued investments in quality, people, and technology are required to maintain a leading role in the market. Rivean will assist Crowe Foederer in managing growth through its in-house value creation Portfolio Enhancement Program. Further investments will be directed towards being employer of choice as well as the further rolling out data-driven, audit- and advisory capabilities. Additionally, the Company will expand its footprint and strengthen its multi-disciplinary service offering with specialist advisory services, organically and through M&A.
Johan Daams, CEO of Crowe Foederer, said: “As a multidisciplinary firm in a rapidly changing and competitive market we continuously challenge ourselves on innovation, service delivery and being a good employer. With the support of Rivean we will continue to build our organizational structure and management power that will naturally drive growth.”
Tom Muizers, Senior Partner at Rivean Capital, commented: “As strategic partner, Rivean Capital will support Crowe with expertise and further investments to realize its ambition to become a leading audit & advisory firm in the Netherlands by helping Crowe broaden its capabilities and expand its presence across the country.”
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About Rivean Capital
Rivean Capital is a leading European private equity investor in mid-market transactions with operations in the Benelux, DACH region, and Italy. Rivean Capital has assets under management in excess of €5bn and has offices in Amsterdam, Brussels, Frankfurt, Milan, and Zug. Since its inception in 1982, Rivean has supported more than 250 companies in realizing their growth ambitions and has a strong track record of supporting and scaling successful high-tech businesses with cross-border growth agendas, including footprint expansions and operational excellence trajectories.
Contacts for the media
For more information, visit www.riveancapital.com
Rivean Capital
Maikel Wieland
Head of Investor Relations
Email: m.wieland@riveancapital.com
Crowe Foederer
Erik Kolthof (Corporate Marketing Manager)
e.kolthof@crowefoederer.nl