Investor Berk Partners private equity acquires a stake in HSU from Eindhoven

Private equity investor Berk Partners acquires an interest in cleaning specialist HSU in Eindhoven. HSU focuses on preparing public transport buses and coaches, cleaning trains and other specialist cleaning projects.

Amsterdam, 7 JULY 2021 – Investment fund Berk Partners has acquired a substantial interest in HSU Groep BV, based in Eindhoven, as of 30 June 2021. HSU focuses on the preparation and cleaning of public transport vehicles and on specialist cleaning, such as graffiti removal, road surface cleaning and façade cleaning. The services go beyond just cleaning the public transport buses. HSU takes care of refuelling, shunting and changing fluids for the buses, among other things, aiming to relieve the public transport operators of all their worries.

HSU provides a full service for public transport operators by not only cleaning public transport buses, but also providing refuelling and shunting services.

Activities

HSU is the specialist in the field of relieving public transport operators with an extensive experienced network of cleaners. The buses are refuelled, cleaned and shunted outside of the timetable. This enables the public transport operator to guarantee clean and punctual buses. If necessary, the buses and trains are also cleaned during the timetable. For HSU, this high-quality service has resulted in long-term partnerships with various public transport providers throughout the Netherlands.

The use of public transport is on the rise in the Netherlands, with the exception of the Covid-19 period, which means there is a growing demand for cleaning. HSU serves about half of all regional public transport in the Netherlands and is growing in service offering and in the number of public transport concessions that it serves. Despite Covid-19 and the cancellation of public transport lines, the company has continued to grow as the need for hygiene has increased.
HSU bears its responsibility for the environment in line with the ESG objectives of investment company Berk Partners. HSU uses cleaning products that spare the environment and HSU is a licensed training company for maximum commitment to its employees. HSU therefore closely follows the development of sustainable, biodegradable and recycled materials and will – wherever possible and desirable – use these products and present the various options to customers.

Transaction

The transaction is a pre-exit. As of 30 June 2021 Berk Partners Groeifonds has joined as a shareholder. Current owners and directors Sertan Urganci and Hüseyin Taskent will continue to be the driving force behind HSU after the transaction and will focus on further expanding the company in the coming years. Both entrepreneurs are known as very driven managers and capable directors with extensive knowledge of the niche in which HSU operates.

Sertan Urganci foresees interesting growth opportunities. “With the involvement of Berk Partners we can expand further internationally, professionalise and the networks of Berk Partners will become available to HSU. Urganci says.

 

The collaboration with Berk Partners is a conscious choice, says Hüseyin Taskent. “This cooperation offers us the opportunity to further concentrate on the commercial side and to build on the company’s potential, whereby Berk Partners will support us in further shaping growth. Berk Partners has a lot of experience with growing companies in the past.”

Berk Partners (Willem Kamps):
“HSU fits well with our investment policy. HSU operates in an attractive growth market and takes a leading position in it. The incumbent management has a very good track record. With the increasing focus on quality in this sector, HSU’s role will only increase.”

 

About HSU B.V.
For more information: Sertan Urganci (surganci@hsu-facility.nl) and Hüseyin Taskent (htaskent@hsu-facility.nl) and www.hsu-facility.nl

About Berk Partners private equity

Berk Partners is an independent investment company founded in 1992. In the past thirty years investments have been made in dozens of successful medium-sized Dutch enterprises. Berk Partners evolved from Berk Holding, the investment vehicle of Mr Ben Pon, which was founded in the 1970s. After a number of successful investments made by him, third parties joined as well. In the past, Berk Partners invested in Koninklijke Joh. de Kuyper & Zn. (distilled drinks), (portion) packaging company W. van Oordt & Co, games company Jumbo and Life & Mobility (producer of wheelchairs), among others.

The current Berk Partners fund is the fifth fund in succession and has a fund capital of almost € 50 million. Based on past experience, the fund has a preference for investments in the sectors Food Industry, Innovative Manufacturing Industry and Supplier to the Health Care Sector. As a committed shareholder, Berk Partners adds value by making knowledge, a network, entrepreneurship and active support available in addition to capital. In 2018 the 5th Berk Fund realised its first investment. In the Harderwijk-based company Theha, the world’s only producer of coconut bread, Berk Partners acquired a majority interest. On 21 February 2019 an interest was acquired in Sneek-based Molenmaker Techniek (MTS). MTS produces and maintains hydraulic systems for the civil engineering industry. On 18 April 2019, an interest was acquired in Rivièra Product Decorations (RPD). RPD specialises in the application of shrink film packaging. Berk Partners invested in Aarts Packaging in Waalwijk in December 2019. Aarts is a producer of packaging for the personal care and food industries. In April 2021 a participation was realised in Technotape Baarn, supplier of products for high-quality printing of photos (sublimation) on a variety of articles.

ESG policy
Berk Partners gives ESG considerations an important place in the selection of investment propositions and the management of its participations. ESG stands for ‘Environmental, Social & Governance’ and means that factors such as energy consumption, climate, availability of raw materials, health, safety and good corporate governance are explicitly considered in the choice to invest in a company.

For more information:

Berk Partners Groeifonds B.V.
Willem Kamps (kamps@berkpartners.nl or 020 2619 350).

 

Investor Berk Partners private equity acquires a stake in Technotape from Baarn

Investor Berk Partners private equity acquires a stake in Technotape from Baarn, an international supplier of products for high-quality printing (sublimation) of photos on a variety of articles.

Amsterdam, May 3, 2021 – Investment fund Berk Partners has acquired a substantial interest in the Baarn-based company Technotape BV as of April 30, 2021. Technotape specializes in everything related to personalized sublimation. Sublimation is the technique that makes it possible to make photo-realistic prints. The goods that the company offers include: products on which the printing (sublimation) takes place (such as mugs, puzzles and phone cases), but also printing equipment and printing supplies.

Technotape supplies and produces supplies to print products such as mugs, puzzles, bags or phone cases with photo-realistic quality (sublimation)

Activity
Technotape is the specialist in the field of unburdening (online) shops with individualized products for private (end)customers and knows how to distinguish itself as a supplier through quality, reliability and a broad product range. Technotape sells its products worldwide. Customers include photo processing companies, online retailers that sell personalized products and distributors with a high volume.

In the broader market of personalization of products, sublimation (photorealistic printing) has grown steadily in recent years and has become an important niche market. This growth is expected to continue in the coming years. The corona crisis has had a positive effect on the demand for Technotape’s products.

As a producer, Technotape bears responsibility for the environment, in line with the ESG objectives of investment company Berk Partners. Technotape therefore closely follows the development of sustainable, biodegradable and recycled materials and will – where possible and desired – apply these products and present the various options to customers.

Transaction
The transaction is a combination of an MBI (management buy-in) and a pre-exit. Berk Partners Groeifonds joined as a shareholder on April 30, 2021. Mr. Patrick van Styrum has joined as a new shareholder and director and the current owner, Mr. Bonne Klein Woolthuis, will remain co-shareholder and director. Together they form the driving force behind Technotape and will focus on the further development of Technotape in the coming years. The focus remains on offering sublimation products.

New co-owner and CEO Patrick van Styrum has a broad background in FMCG and promotional gifts and is looking forward to taking over the operational leadership of the company. Patrick has worked at Heineken, among others, and has previously been the founder / owner of a company in relation articles.

Van Styrum foresees interesting growth opportunities. “With the involvement of Berk Partners, we can further expand internationally, professionalize and the networks of Berk Partners are also available for Technotape.” says Van Styrum.

“The collaboration with Berk Partners is a conscious choice,” says Bonne Klein Woolthuis. “This collaboration offers the opportunity to further concentrate on commerce and building the technical capabilities of the company, whereby Berk will support Partners in further shaping the growth. Berk Partners has gained a lot of experience with such projects in the past. ”

Berk Partners (Rimco Geels):
“Technotape fits in well with our investment policy. The innovative manufacturing industry is one of our preferred sectors. Technotape is active in an attractive growth market and occupies a leading position there. The new and current management have a very good track record. With the increasing focus on quality in this sector, the role of Technotape will only increase. ”

 

About TechnoTape B.V.
For more information: Patrick van Styrum (p.vanstyrum@technotape.com) and www.technotape.com.

About Berk Partners private equity
Berk Partners is an independent investment company founded in 1992. Over the past thirty years, investments have been made in dozens of successful medium-sized Dutch companies. Berk Partners stems from Berk Holding, the investment vehicle of Mr Ben Pon, founded in the 1970s. After several successful investments, third parties also joined. Berk Partners has invested in, among other things, Royal Joh. de Kuyper & Zn. (spirits), (portion) packaging company W. van Oordt & Co, games company Jumbo and Life & Mobility (manufacturer of wheelchairs).

The current Berk Partners fund is the fifth fund in succession and has assets of almost € 50 million. Based on past experience, the fund has a preference for investments in the food industry, innovative manufacturing industry and healthcare supplier. As a committed shareholder, Berk Partners adds value by making knowledge, a network, entrepreneurship and active support available in addition to capital. The 5th Berk fund realized its first investment in 2018. Berk Partners acquired a majority stake in the Harderwijk company Theha B.V., the only producer of coconut bread in the world. On February 21, 2019, an interest was acquired in Molenmaker Techniek (MTS), located in Sneek. MTS produces and maintains hydraulic systems for Road and Hydraulic Engineering. An interest in Rivièra Product Decorations (RPD) was acquired on April 18, 2019. RPD is specialized in the application of shrink-wrap packaging. Berk Partners invested in Aarts Packaging in Waalwijk in December 2019. Aarts is a producer of packaging for the personal care and food industry.

ESG policy
Berk Partners gives ESG considerations an important place in the selection of investment propositions and the management of its holdings. ESG stands for “Environmental, Social & Governance” and means that factors such as energy consumption, climate, availability of raw materials, health, safety and good corporate governance are explicitly taken into account when choosing to invest in a company.

For more information:
Berk Partners Groeifonds B.V.
Willem Kamps (kamps@berkpartners.nl or 020 2619 350).

 

Investor Berk Partners acquires stake in Aarts Plastics in Waalwijk

Investor Berk Partners takes an interest in Aarts Plastics in Waalwijk, producer of packaging for the personal care and food industry.

Berk Partners has acquired a substantial interest in the Waalwijk-based company Aarts Plastics BV (Aarts) as of December 3, 2019. Aarts is specialized in the injection molding of plastic packaging, particularly for the cosmetics industry, the food industry and the pharmaceutical industry.

Aarts produces high-end caps for, among other things, cosmetic packaging. These plastic caps often need to have a metal or glass look to match the rest of the packaging.

Activity

Aarts is the specialist in the field of complex, high-end plastic packaging and serves many large and small customers at home and abroad. Aarts mainly focuses on projects in the cosmetics industry, but also has customers in the food and non-food industry.

As a packaging manufacturer, Aarts bears responsibility for the environment, in line with Berk Partners’ ESG objectives. Aarts therefore meticulously follows the development of sustainable, biodegradable and recycled materials and will – if possible and desired – apply these products and present the various options to customers.

Transactie

De transactie betreft een zogenaamde pre-exit. Per 3 december is Berk Partners Groeifonds toegetreden als aandeelhouder. De zittende directeur Rob Geurtz blijft mede-aandeelhouder en de drijvende kracht achter Aarts.

Rob Geurtz en Berk Partners zullen zich de komende jaren samen richten op het verder uitbouwen van  Aarts Plastics, zowel binnen als buiten de landsgrenzen. De focus blijft liggen op het spuitgieten en nabewerken van high-end kunststof verpakkingen.

Geurtz voorziet interessante groeimogelijkheden. “Met de betrokkenheid van Berk Partners kunnen we blijven investeren in de technische capaciteiten van Aarts en worden ook de netwerken van Berk Partners voor Aarts beschikbaar.” aldus Geurtz.

De samenwerking met Berk Partners is een bewuste keuze, aldus Geurtz. “Deze samenwerking biedt de mogelijkheid mij verder te concentreren op de commercie en het bouwen aan het bedrijf, waarbij Berk Partners zal ondersteunen om de organisatie verder vorm te geven en te professionaliseren. Berk Partners heeft in het verleden veel ervaring opgedaan met dergelijke projecten.”

Berk Partners (Willem Kamps):“Aarts sluit goed aan bij ons investeringsbeleid. De innovatieve maakindustrie is een van onze voorkeurssectoren. Aarts is actief in een aantrekkelijke groeimarkt en neemt daar een vooraanstaande positie in. Het zittende management heeft een zeer goed trackrecord. Met de toenemende focus op kwaliteit en nabewerking in deze sector zal de rol van Aarts alleen maar toenemen.”

Transaction

The transaction is a so-called pre-exit. Berk Partners Groeifonds became a shareholder on the third of December. The incumbent director Rob Geurtz remains co-shareholder and the driving force behind Aarts.

In the coming years, Rob Geurtz and Berk Partners will jointly focus on further expansion of Aarts Plastics, both within and beyond the country borders. The focus remains on the injection molding and finishing of high-end plastic packaging.

Geurtz foresees interesting growth opportunities. “With the involvement of Berk Partners, we can continue to invest in Aarts’ technical capabilities and Berk Partners’ network will also become available to Aarts.” says Geurtz.

The collaboration with Berk Partners is a conscious decision, says Geurtz. “This collaboration offers the opportunity to further concentrate on commerce and scaling the company, whereby Berk Partners will support in further shaping and professionalizing the organization. Berk Partners has gained a lot of experience with similar projects in the past. ”

Berk Partners (Willem Kamps): “Aarts fits in well with our investment policy. The innovative manufacturing industry is one of our preferred sectors. Aarts is active in an attractive growth market and occupies a leading position. The incumbent management has a very good track record. With the increasing focus on quality and post-processing in this sector, Aarts’ role will only increase. ”