Frankfurt (Germany)/Apeldoorn (The Netherlands), 30 September 2019 – An entity controlled by the funds advised by Triton Partners (“Triton”) has successfully completed the acquisition of a majority stake in Royal Reesink B.V. (“Royal Reesink”), one of the largest international equipment distribution and aftermarket services platforms, from Gilde Buy Out Partners ("Gilde"), Teslin Participaties Coöperatief U.A. ("Teslin") and Navitas B.V. ("Navitas Capital"). Triton invests alongside the current management of Royal Reesink. The financial terms of the transaction were not disclosed.
Royal Reesink is a long-standing partner for major A-brand OEMs and is active in the agriculture, turf care, material handling and construction industries and hydraulics business. The company is recognized by its customers as a preferred provider of equipment and related lifecycle services.
About Royal Reesink
Founded as a foundry and trading company in Zutphen, the Netherlands, in 1786, Royal Reesink is one of the oldest distribution and service companies in the world. Royal Reesink is a leading international distributor of agricultural, construction, landscaping and logistical machinery and currently encompasses more than 38 operating companies on four continents engaged in the distribution of machinery and components for the industrial sector, the agricultural sector and the landscape maintenance divisions of leading OEMs (Original Equipment Manufacturers). Its global network and local presence enable customers to optimize the performance of their business activities.
About Triton
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton Partners has over 150 investment professionals and value creation experts across eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.