Testimonial Itho Daalderop Group | Maasdael Corporate Finance

“Advisors with knowledge, experience and drive to deliver the quality of a Big Four firm and the involvement of a medium-sized enterprise”

David Eddes

Maasdael’s trademark is to deliver the quality of a Big Four firm and the involvement of a medium-sized enterprise, with words and actions. This is reflected in their way of working and has resulted in a successful transaction in which Maasdael realised a complex financing construction in a very limited amount of time.

Our first contact with Maasdael was during a turbulent period for our company. The private equity world had shown interest in our company and the looming transaction meant that the joining of a private equity firm would coincide with a merger. On top of that we were still in the concluding stages of a takeover. This caused a challenging financing issue where professional assistance was much appreciated. Not only because we did not have the expertise and the associated market knowledge to complete such complex financing issues, but also because we did not have enough capacity to coordinate it all.

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Within no time Maasdael was onboarded in our company and immediately available as professional sparring partner for us and the new shareholders. Our issue was challenging in terms of complexity and timing, with an added dimension of a modified issue during the process. the dynamic movement of the company during the process. Despite the dynamic movement of the process, Maasdael advisors prepared a balanced financial model with various financing options and an accompanying memorandum in a timely manner and made it available to financiers. Thanks to this approach we were able to have targeted meetings with financers and we managed to realise the required financing under favourable conditions. This was truly an impressive feat.

During the process Maasdael was very committed and able to assist us with related ad-hoc issues such as working capital management and structuring the expansion.

About Itho Daalderop Group (IDG)
IDG produces innovative products and systems that contribute to a comfortable, healthy and energy-efficient indoor climate. Combined, the products provide total systems that make it possible to live in an energy-neutral way – in accordance with tomorrow’s climate requirements. IDG’s goal is to make people reside, work and live comfortably – with a range of heating, tap water, ventilation and control technology solutions. IDG has an active growth strategy and realised roughly 90M turnover in 2016.

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