The Belgian Private Equity fund KeBeK has acquired a majority stake in Van Assendelft – Hollander Bogaert (VAHB).
VAHB is a leading import/export wholesaler active in the camping and recreation market and offers a very diverse and comprehensive assortment, focused on the luxury-oriented camper, as well as the back-to-basics adventurer and the outdoor-lover in general. Customers of VAHB are mainly specialized camping stores, major leisure stores and online retailers. the company has moved in 2016 to brand new headquarters with a large showroom and a logistics center in Gilze, situated along the A58, between Breda and Tilburg.
Proost Ventures provided the Commercial Due Diligence of Van Assendelft – Hollander Bogaert to KeBeK Private Equity.
Client testimonial
“Proost Ventures delivered a well-structured and high-quality commercial due diligence, in an industry which is not very well documented. Proost Ventures had assisted us previously in other transactions, and we are obviously pleased that the transaction in Van Assendelft – Hollander Bogaert has come to fruition” says Floris Vansina, the Managing Partner of KeBeK Private Equity.
About Van Assendelft - Hollander Bogaert
VAHB is a leading import/export wholesaler active in the camping and recreation market and offers a very diverse and comprehensive assortment, focused on the luxury-oriented camper, as well as the back-to-basics adventurer and the outdoor-lover in general. The collection of VAHB consists, i.a., of camping furniture, cookware, tents, sleep supplies, barbecues and accessories for campers, travel and outdoor activities. The assortment is updated annually and anticipates to new market trends, such as glamping and urban outdoor. Over recent years, the company has created Bo-Camp, its own strong brand. Besides this own brand, VAHB distributes many other wellknown brands, such as Crespo Camping Furniture, Coghlan’s and Coleman, hereby offering customers a complete package. Customers of VAHB are mainly specialized camping stores, major leisure stores and online retailers.
With a team of 25 employees, VAHB has in recent years realized a substantial turnover growth. Going forward, a further important turnover increase is expected by focusing, i.a., on export. Therefore, the company has moved in 2016 to brand new headquarters with a large showroom and a logistics center in Gilze, situated along the A58, between Breda and Tilburg.
More info: www.vahb.nl
About KeBeK Private Equity
KeBeK is an independent Belgian private equity fund, that invests in solid, medium-sized companies with a demonstrable potential for further value enhancement. KeBeK actively supports the management teams of its portfolio companies with the implementation of a jointly defined corporate strategy. KeBeK generally acquires controlling stakes, without, however, interfering with the daily operations. The fund is managed by 4 partners, who have been working together for many years and who have a proven track record in the private equity industry. KeBeK’s capital is provided by renowned institutional investors, family offices, and successful entrepreneurs.
More info: www.kebek.be
About Proost Ventures
Commercial Due Diligence, Strategy, and Corporate Finance
Proost Ventures is an independent Advisory and Strategy Consulting boutique specializing in Commercial Due Diligence, strategy advisory, and M&A. Proost Ventures is specialized in a number of industries including Renewable Energy, Healthcare, Industry e.g. Automotive, and Financial Services (Banks, Insurance Companies, Stock Exchanges, Index providers, Private Banks, Asset Finance,…).
More information: www.proostventures.com