Steadfast Capital acquired majority stake in Wilvo MBO. BDO M&A The Netherlands advised the seller

BrancheMaakindustrie

As part of a management buy-out, Steadfast Capital has acquired a stake in Wilvo Group (WILVO). The parties have agreed not to disclose the terms of the acquisition.

Based in Bergeijk (Netherlands) WILVO is a € 50 mln revenue processor of high accuracy sheet metal parts and an assembler of light construction parts, specialising in CNC machining, advanced welding and high-tech assembly. Steadfast Capital will help in pursuing the group’s further expansion as well as support the ongoing strategic development of the company and its staff (230 fte). WILVO’s experienced management team will become shareholders as part of this transaction and Louis Vosters, a member of one of WILVO’s founding families, will continue to hold a significant stake in the group.

Louis Vosters, former CEO of WILVO; “Steadfast Capital is the ideal partner for the next growth stage of WILVO. Their longstanding experience with fast growing industrial companies will help and enable WILVO to achieve its ambitious growth plans for the coming years.”

Nick Money-Kyrle, Managing Partner at Steadfast Capital GmbH: “The  management  team  under the leadership  of Louis Vosters was highly convincing from the outset. Operating independently with a high degree of flexibility the company will have excellent growth opportunities in the future, both organically and through acquisitions.”

WILVO

Originally founded in 1970 by A. Willems and J. Vosters (the father of Louis Vosters), WILVO has grown into a reputable processor of precision sheet metal parts and the assembly of light construction parts, specialising in CNC machining, advanced welding and high-tech assembly. WILVO also provides services to clean and refurbish engineering parts. The Group has a strong focus on operational excellence and highest quality based upon the combination of a state-of-the-art and highly automated machine park as well as the craftsmanship of the workforce. The two clean rooms (together 1000m², class 6 & 7, ISO 14644 certified) are amongst the largest in the Netherlands and uniquely suitable for cleaning large machines / components.

Steadfast Capital

Steadfast Capital is an independent private equity investor focusing on medium-size businesses within German speaking Europe and Benelux countries. Funds advised by Steadfast Capital invest in mid-size companies providing equity for succession issues, management buy-outs and also provide capital for growth opportunities. Steadfast Capital was founded in 2001 and follows a successful, value-oriented strategy of investments in profitable companies in various sectors. 

BDO M&A has acted as advisor to seller.

More information

For more information regarding this transaction you may contact Joost Coopmans (+31-6-51428181)