Landlane Capital has raised acquisition financing from ABN AMRO bank for the acquisition of Turf Tick Products B.V.
About Turf Tick Products
Turf Tick Products B.V. was established in 1988 and is known for developing and selling turf cutting machines as well as parts of the grass-related support machines. The company originates from a turf farm, where they built specialized turf machines for its own internal use. Nowadays, the company serves both the European market as well as dealers in Turkey and Australia.
More information: http://www.turftick.com/
About Landlane Capital
Landlane Capital is an investment company that, based on a shared passion for entrepreneurship, supports companies and management teams in achieving sustainable growth. Their approach is pragmatic, result-oriented and involved. Landlane Capital focuses on Dutch SME companies that are active in production, services, or trade with strong growth potential and long-term visions. Together with strong entrepreneurs and the right sector experts, Landlane Capital brings companies to the next growth phase in a sustainable manner. More information: https://www.landlane.nl/
Role YES Corporate Finance
YES Corporate Finance acted as advisor to Landlane Capital in attracting the acquisition financing, including the financing memorandum and financial model. In addition, YES has supported in the discussions and negotiations with the house bank, ABN AMRO bank.
The transaction was successfully completed on April 1.
