Troostwijk Auctions has established a strategic partnership with Hartenlust Group
The private shareholders of Troostwijk Auctions have sold a minority shareholding to Hartenlust Group for an undisclosed consideration.
Troostwijk Auctions, founded in 1930, is a pan-European auction house focusing primarily on industrial goods and machinery. Troostwijk Auctions also offers valuation and related consultancy services. The company is headquartered in Amsterdam, the Netherlands, and has 20 offices in 14 countries throughout Europe. Over the last decade, Troostwijk has evolved from a traditional auction house with live auctions to an online player hosting 1,300 auctions annually. The company has an extensive international reach and in 2014 attracted bidders from 127 countries.
Hartenlust is an independent and self-funded investment company. The group focuses on the development of medium-sized companies by sharing capital, expertise and an extensive network.
Oaklins' team in the Netherlands acted as exclusive M&A advisor to Troostwijk, providing M&A services and deal structuring support. The team also acted as an exclusive financial advisor to Troostwijk and Hartenlust, providing debt advisory services.
Talk to the deal team
Related deals
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreLargest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn moreHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Learn more