Advised on Sale of CompanyIndustrials
Acquired Majority Control of Business of Business Operations
IMAP is pleased to announce that Anders Invest, a private equity firm focusing on industrial companies in the Netherlands, has acquired a majority stake of 70% in TMG Technical & Maritime Group B.V. (“TMS”).
Anders Invest is a private equity firm with a long-term focus, that invests in Dutch mid-market industrial companies, which are mainly active in the manufacturing industry. For Anders Invest the acquisition of TMS represents the 22nd participation of its industrial fund.
TMS is a leading no-nonsense developer and manufacturer of customized mechanical installations with application in the offshore (wind and oil & gas), maritime and civil markets, serving the leading and well-established (international) players in these markets. The company is involved by its customers from the concept phase in the engineering of the special and non-standard solutions required for the ever-changing applications and increasing safety requirements. The workforce of TMS consists mainly of engineers. The manufacturing of parts is outsourced to preferred supplying partners, with the final assembly of all parts taking place in the company’s own production hall. TMS is strategically located in the harbor of Werkendam, with an office and large assembly halls.
Since its inception in 1994, TMS has grown significantly under the wings of its founders Mr. Cees van Wendel de Joode and Mr. Marco van Driel. To sustain the growth path, in 2020 the organization was strengthened by growing the workforce and the entry of Mr. Jan Albert Westerbeek, formerly CEO at IHC IQIP, as Director. The logical next step was to team up with a long-term focused financial partner, Anders Invest, to support TMS in its further path.