Triton has signed an agreement to acquire a majority share in Unica
Frankfurt (Germany) / Hoevelaken (the Netherlands), 26 July 2017 - Funds advised by Triton ("Triton") have signed an agreement to acquire a majority share in Unica, a leading provider of comprehensive and sustainable technological solutions for safety, comfort, sustainable energy and IT & communication in the Netherlands in collaboration with the founder family van Vliet who will remain as an anchor investor. Terms of the acquisition were not disclosed. The transaction is subject to regulatory approval.
"We look forward to supporting Unica’s management and employees by investing in and supporting the growth and development of the company. Our strong Business Service expertise, gained through other investments in Europe and strengthened by senior industry experts, will contribute in taking Unica to the next level in the Netherlands. We look forward to working together with the van Vliet family, management team and the Board of Directors in building a stronger company", said Peder Prahl, Director of the General Partner for the Triton funds.
"Unica, as one of the market leader in the Netherlands, has been building its current presence over the last decades. This transaction is an important milestone, enabling us to continue with our strategic efforts. We welcome Triton as a new majority owner and a respected investor who will embrace the execution of our plans for expanding our market positions in current areas of competences and continue to be the leader in our industries", said John Quist, CEO of Unica.
“Unica is a great company with an impressive growth profile and we are looking forward to partner with the van Vliet family and management in an effort to further grow the firm. We fully support the management team lead by John Quist, CEO, and Bert Moser, CFO, and their business plan. Our main goal will be a sustainable development in the Netherlands whilst preserving the special Unica culture”, added Luc Hendriks, Advisor to the Triton Funds.
Founded in 1933, Unica is leading technology provider in the Netherlands. It offers clients comprehensive and sustainable technological solutions for safety, comfort, sustainable energy and IT & communication. Tailor-made solutions with tangible results: cost savings together with a smaller carbon footprint. Headquarter in Hoevelaken, Unica employs approximately 2,000 people over 14 offices, 3 regional project-management companies and through 10 specialised companies.
For more information: www.unica.nl
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 31 companies currently in Triton's portfolio have combined sales of around €14.8 billion and around 90,000 employees.
The Triton funds are advised by dedicated teams of professionals based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, China, Luxembourg and Jersey.
For further information: www.triton-partners.com