Growth CapitalMergers & Acquisitions

YES Corporate Finance advises Landlane Capital with raising acquisition financing for the acquisition of Turf Tick

By 7 May 2021No Comments

We have experienced the support of YES Corporate Finance with the application for bank financing as very pleasant. Submitting the application correctly and professionally ensured a flawless and smooth process. Partly because of this, we were able to meet our agreements. Meeting our agreements is something we find very important at Landlane Capital.

Jaap Zeeuw van der LaanLandlane Capital

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.

Managing Partner

Arjan Boonekamp

Arjan Boonekamp (1970) is managing partner at YES Corporate Finance and has over 20 years of corporate finance experience, including extensive experience in selling SME companies, mergers & acquisitions and (growth) financing. Arjan is an experienced dealmaker in the Mid Market range.
Analyst

Rainier Smeink

Rainier Smeink (1995) joined YES Corporate Finance in 2019 as analyst. Rainier holds a Bachelor in Business Economics with a specialization in Economics & Finance and a Master in Quantitative Finance from the University of Amsterdam. Rainier has gained experience at ABN AMRO as an intern in 2019.