JBR M&A transaction
Technobis and Active Capital Company
JBR assisted the Technobis Group and shareholders in the sale process as Corporate Finance advisor.
JBR Corporate Finance's deal team consists of : Onno Sloterdijk and Thomas van Amerongen.
Technobis Group sells significant stake to Active Capital Company
JBR helped prepare a company profile, assess the financial model, identify and approach potential investors, as well as advise Technobis and its shareholders during negotiations and deal structuring.
Facts and figures
Technobis Group
Technobis Group is a high-tech group based in Alkmaar, the Netherlands, and is active in the development and production of measuring equipment and components.
Technobis is a world leader in integrated photonic measurement systems with patented technology to provide measurement solutions to various industries such as aerospace, medical, mobility and energy markets worldwide. In addition, the company develops and manufactures crystallization systems to accurately measure solubility properties for drug development by pharmaceutical companies. Finally, Technobis develops and manufactures turnkey equipment for leading European medical technology and industrial groups.
Active Capital Company
Active Capital Company is an independent hands-on private equity fund focusing on small and medium-sized companies in the Netherlands and Germany. These companies are active in manufacturing, (technical) wholesale or business services.
Active Capital was founded and inspired by entrepreneurs with a passion for industries striving for unprecedented results through our three main drivers: Geographic Expansion, Sustainability and Innovation.
September 10, 2019
Press Release
Active Capital buys Alkmaar-based maker of measuring instruments
Active Capital Company will invest a million euros in Technobis Group, a manufacturer of high-quality measuring instruments for drug development. This will give the Alkmaar-based company, which employs 70 people, financial room to invest in new technology to ensure further growth.
"We think the company has enormous growth potential," said Mels Huige, a partner at the Amsterdam investment company, in an explanation of the deal. He is referring to a new branch of Technobis: the supply of fiber-optic measurement systems. These are expected to be particularly popular in the aviation and offshore sectors.
New factory
This new activity should allow Technobis' sales to increase fivefold to €150 mln in five years, Huige anticipates. A new factory will be built for that purpose, next to the existing site in Alkmaar. This also involves another million dollar sum. The new production location will be financed partly with equity, partly with bank money.
Active Capital will have a majority stake in Technobis in the new set-up. Founder and former ceo Pim Kat will remain involved as a shareholder and will focus entirely on technology development as the new chief technology officer. The management team is also putting capital into the company.
Active Capital is drawing for the stake from a new €85 mln fund raised by some 15 institutional investors and high net worth individuals.
FD press release Sept. 10, '19
Contact the dealteam personally
Onno Sloterdijk
Associate Partner
Thomas van Amerongen
Senior Consultant Corporate Finance