Triton opens office in Amsterdam and strengthens activities in the Benelux region
Amsterdam (The Netherlands), 19 August 2019 – Triton, the international investment firm, has opened an office in Amsterdam to strengthen its activities in the Benelux region. The Triton funds have €14 bn committed capital and are invested in various companies in the Benelux region either via direct investments or add-on acquisitions for the funds’ portfolio companies. Triton’ recent flagship fund Triton V closed end of last year at €5 bn. Koos van de Linde has joined Triton to build a local team in the region as an Investment Advisory Professional.
“Opening our new office in Amsterdam is a further step towards strengthening our European presence as the Benelux has become a core region for Triton. We have a sound understanding of the market and long-term sector expertise. Following their buy and build strategy, the Triton funds invest in companies with the potential to create sustainable, long-term value through changing economic cycles in the industrial, business services, consumer and health sectors”, says Peder Prahl, Managing Partner.
Triton aims to build better businesses through thoughtful investing, making strategic and operational improvements and expanding the businesses in which the Triton funds invest in. Triton employs an “All Weather” strategy which ensures that there’s a sound and improved platform to grow businesses throughout the economic cycle. Triton is recognized as one of the few large firms in the Private Equity space to provide real operational support to the funds’ portfolio companies in order to build better businesses.
“The Benelux market is an interesting space where Triton funds have already made significant investments, in addition to having a strong pipeline of potential investments. We are happy that Koos van de Linde has joined our team. He brings in substantial sector expertise and know-how of the local market which will support our activities in the region and help build a local team”, adds Luc Hendriks, Senior Industry Expert & Operating Partner.
Triton funds have substantially invested in companies in the Benelux region and the Netherlands either via direct investments or add-on acquisitions for the funds’ portfolio companies. The Triton funds’ direct investments include Unica, Deep Ocean and Sunweb Group, and recently announced an agreement to invest in Royal Reesink. Add-on acquisitions for Triton’s funds’ portfolio companies in the region comprise QISS-IT (to Univativ), N-Secure, Pro-Fa Automation, Dotwood, Boele Fire Protection and Brainpac (to Unica), Vanwaarde and Tiedema (to Polygon). In addition, Triton recently announced investments by Sunweb in Corendon and by AVS Verkehrssicherung in the Fero Group (Belgium).
The Triton funds have made more than 70 investments and supported more than 260 add-on acquisitions since 1999 in the German-speaking countries, the Nordic countries, the Benelux region, France, Italy, Spain and the United Kingdom.
Triton Advisers (Netherlands) is located at the ITO building, Gustav Mahlerplein 28,1082 MA Amsterdam.
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. 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 38 companies currently in Triton's portfolio have combined sales of around €14.7 billion and around 72,500 employees.
For more information: www.triton-partners.com