Management Buy Out Everest with Strikwerda Investments

2008-Everest-ENG Client Everest: a leading Dutch software and consultancy company with a focus on the banking and insurance sector
Deal Type (Secondary) Management Buy Out
Sector TMT
Deal Everest’s management acquired a 35% stake in the company in 2006, in times of Getronic’s no-go policy on subsidiary buy outs. In 2008 Everest performed a secondary management buy out

What we did:

  • Convinced Getronics to award management a stake
  • Negotiated with KPN for prominent role management
  • Identified TSS (PE) as most suitable financial partner for secondary buy out