HC Partners has successfully raised debt financing for the acquisition of AQ Group
HC Partners, a Netherlands-based private equity firm, has raised debt financing for its acquisition of the HVAC installation business AQ Group. The financing was provided by ING and Aegon Asset Management. The tailored debt package provides the necessary flexibility in accordance with HC Partners’ vision and AQ Group’s foreseen growth trajectory.
AQ Group is a market leader in the specialized maintenance and optimization of HVAC installations in the Netherlands. Established in 2002, the Utrecht-headquartered company offers a wide range of specialized services, including cleaning, disinfection, inspection, optimizations and modifications of HVAC installations as well as more integral system upgrades and retrofits. AQ Group mainly operates as a subcontractor, with its principal clients being primary service providers, such as BAM, Unica and Spie.
HC Partners is an independently-managed private equity firm headquartered in Amsterdam, the Netherlands. It has a strong track record as a partnering shareholder in supporting entrepreneurs and management teams grow their companies, both organically and through buy-and-build strategies. The firm invests in small and medium-sized companies in promising sectors in the Benelux region.
Oaklins’ team in the Netherlands assisted HC Partners in securing the optimal financing package for this transaction, which complements a long list of private equity transactions Oaklins has advised on.
Tijmen Hoes
Investment Director, HC Partners
Talk to the deal team
Niels Vermuë
Oaklins Netherlands
Related deals
Groupe JVS has completed an LBO with Capza and Bpifrance
The shareholders of Groupe JVS have completed an LBO with Capza and BpiFrance. Parquest sold their shares after partnering with the organization for three years. Groupe JVS’s management team will increase its ownership and remain as the majority shareholder of the group, alongside CAPZA and Bpifrance.
Learn morePBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas
Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.
Learn moreThe family office Peter Möhrle Holding has sold GROFA Group to DARFON Electronics Corp.
Peter Möhrle Holding GmbH & Co. KG has successfully completed the sale of GROFA Group to DARFON Electronics Corp.
Learn more