Enterprising Finance is proud to announce its partnership with Royal Eijkelkamp Group, a 112 year old family owned world-wide specialist in soil and water research instruments, with production facilities in Giesbeek, the Netherlands.
The unitranche facility supports Royal Eijkelkamp Group in its worldwide growth, and contributes to strengthening its position as the world’s preferred supplier of soil and water research tooling. The Eijkelkamp family has built Royal Eijkelkamp Group into a front-runner in soil and water research instruments, with advisory board member Fons Eijkelkamp, CEO Huug Eijkelkamp and CFO Joep Hillegers being crucial in recent developments of the company.
Funding for the deal has been provided exclusively by Enterprising Finance. With this transaction, Enterprising Finance builds on its strategy of backing exceptional Dutch lower middle market businesses by financing their growth ambitions through tailor-made unitranche facilities that offer the flexibility to reinvest cash flows, make significant investments, purchase relevant businesses, and make meaningful strategic and operational decisions.
Joep Hillegers, CFO of the Royal Eijkelkamp Group: “For the mid- to long term, the board of directors set out to find an entrepreneurial financial partner that understands and believes in Royal Eijkelkamp's business model. With Enterprising Finance, we have found a financial partner that matches our needs and has the capacity to expand its lending facilities as our growth continues. In addition, Royal Eijkelkamp can benefit from the guidance that the experienced and knowledgeable team of Enterprising Finance offers.”
Jasper Juijn, Managing Partner of Enterprising Finance: “The long-term investment in portfolio expansion of soil & water instruments for shallow research as well as the continuous investment and optimalisation of sonic drilling rig technology have made Royal Eijkelkamp Group a preferred supplier for geologic research instruments. We are keen to support the management and family in expanding on their strategy and achieving continued growth.”
Royal Eijkelkamp Group was advised by Shurman and JBLaw. Unitranche Facility Documents were drafted by Stek Advocaten. Due diligence support was provided by TIC-advisory, Stek Advocaten, and Atlas Fiscalisten.