Leapp has completed a restructuring
The Dutch private equity firm Nobel Capital Partners has acquired the activities of Leapp.
Leapp is a retailer of refurbished iPhones and other Apple products, operating through 24 stores in the Netherlands, Belgium and Germany.
Nobel Capital Partners is a Netherlands-based private equity firm focused on investing in medium-sized Dutch companies.
In mid-2018, Leapp filed for bankruptcy as a result of increasingly large operating losses and a funding gap after rapid expansion in recent years. Following the transaction, the new owners will retain approximately 100 of its 170 employees and continue with 14 of the 24 stores while closing its activities in Germany.
Oaklins' team in the Netherlands advised the stakeholders, including the bank and bankruptcy liquidator, in this transaction.
Talk to the deal team
Related deals
Danish leader in access control systems has been sold to Vækst-Invest
Unitek, a leading provider of innovative access control systems in Denmark, has been acquired by the Danish private equity firm Vækst-Invest to drive its growth and expansion.
Learn moreSTM Environmental has been acquired by Phenna Group
STM Environmental has been acquired by Phenna Group, gaining access to a broader network of expertise, enhanced resources and global reach. With extensive experience in life safety, environmental compliance and quality testing, along with a wide client base, Phenna Group is the ideal partner to accelerate STM Environmental’s expansion.
Learn moreOBI Group has acquired the OBI and individual DIG stores from Migros
As part of a strategic review, Migros has decided to divest its DIY business, which included several “Do It + Garden” and “OBI” locations. Migros had operated the Swiss OBI stores as a franchisee. In OBI Group Holding, Migros has found the ideal partner to ensure continuity for both its customers and employees.
Learn more