Rabo Participaties (‘RaPar’), a subsidiary of Rabo Private Equity, is a direct investment fund which invests in a wide range of industries within the Dutch SME sector. We are flexible when it comes to investment structures, holding both minority and majority stakes.
We invest in management teams and work closely with them on achieving our shared objectives. We do this by setting goals together and supporting the management in accomplishing these goals where needed. Throughout this process, we believe in the strength of an open and hands-on collaboration.
Generating accelerated growth requires both goals and resources. We can provide the financial backing for your growth plans and, if necessary, are willing to invest further after an initial round. These investments may be used, for example, to cover the start-up costs of new initiatives, invest in new facilities or increase working capital.
Acquisitions can provide your company with access to new markets or strengthen your current position.
We can support you in taking this step by providing capital and valuable advice, either at the time of the transaction or during the implementation of a joint buy-and-build strategy.
As soon as a company is transferred to the next generation of a family or to the management, there are financial interests at play. Attracting a new shareholder helps release new cash resources, allowing for a more objective discussion on setting a company’s value. We acquire both majority stakes in management buyouts and minority interests, for example to buy out a minority shareholder or a pre-exit.
An open partnership between shareholders and management enables superior decision-making. Rabo Participaties adopts the role of a committed shareholder that steps in if this pays off, but at the same time likes to give the management the latitude they need.
As an investment division within Rabobank, we are not confined to a limited investment horizon, and are able to view the situation based on the long-term outlook. In our decision-making, we are guided mostly by which solution maximises value for the company and its shareholders.
Our portfolio companies gain access to Rabobank’s extensive domestic and international network, and therefore to relevant studies and a wide roster of clients and business associates. In some cases, we apply this knowhow and experience by setting up a Shareholders’ Board or Supervisory Board within the company.
We share our experience with acquisitions, organisational changes and financing in order to improve our results.
With world population growing RaPar is actively pursuing investments that can help sustainably feed 9bn people. Using Rabobank F&A knowledge we invest to improve efficiency and availability of food.
An aging population means an increased need for healthcare without endangering the affordability for the next generations to come. Through our investments RaPar wants to contribute to the efficiency and affordability of healthcare.
RaPar aims to invest in companies that contribute to the next generation of production companies through innovation and automation, which supports the backbone of Dutch economic environment.
Bakon is a manufacturer of a wide range of cutting and spraying machines and depositors for industrial confectioners and traditional bakeries worldwide.
Bax is the largest online music store in the Benelux market. With millions of unique visitors per year, Bax Music is the market leader in lighting, sound, musical instruments, production and DJ gear, with a wide selection of around 600 leading brands. Bax also operates a chain of music stores with locations in Amsterdam, Goes, Rotterdam and Antwerp.
DC Klinieken operates 14 locations across the Netherlands, each of which offers its own diagnostics, consultations and treatments. Their vision is based on client-oriented and cost-price-reducing non-hospital medical care. With this business model, DC is ahead of the trend of ‘low-complexity and high-volume’ procedures increasingly being performed by specialised clinics.
As a software development company for the video industry, Divitel specialises in integrating various software services for interactive television, offering consumers the highest-quality images on each screen. In addition, the company provides managed services, as part of which it provides full technical support for smaller telecommunications providers.
Hofmeester Dental, a specialised supplier of tools and devices to the dental market, has been an established name in the dental world since 1978. In 1996, the company was acquired from the Hofmeester family by Pieter-Jan Prince and Niels Kleijer. The current owners and directors have allowed the company to grow organically into one of the main suppliers of tools and devices to the Dutch dental market.
The international HVEG Group specialises in the development, purchase and distribution of private-label and branded fashion (including women’s, men’s and children’s apparel) and fashion accessories at the middle and lower end of the market.
Kompak specialises in packaging and recipe creation (in association with other producers) for food and non-food products (including home care and personal care items) for a variety of customers across Europe.
NedCard is engaged in the assembly of modules and the manufacture of micromodules for the smartcard and RFID industries, as well as operating in sub-markets such as SIM cards, debit cards and secured documents.
Generating annual revenue of €150 million and with a strong focus on data centres, cloud services, infrastructure, application services and consultancy, SLTN serves nearly 1,400 customers. The company has earned the highest-level certifications in the industry and has formed partnerships with various leading IT providers.
Resqtec designs, develops and sells a wide selection of high-quality equipment for accident salvaging and the removal of aircraft.
UP learning is a partner specialising in modern online learning solutions. UP is one of the largest providers in this market and a pioneer in video learning, creating valuable learning landscapes which improve learning outcomes.
VBA is dedicated to the development, manufacture and marketing of innovative air suspension systems for commercial vehicles, meeting the fast-growing demand for maximum driving comfort, perfect road holding and increased driving safety.
VDS Staal- en Machinebouw provides services for projects in the offshore oil, gas and wind, equipment manufacturing and civil engineering industries, in addition to shipbuilding and repair services. The company maintains strategic locations in the ports of Vlissingen, Rotterdam and Eemshaven. VDS’ Vlissingen wharf is deep and long (250m) enough to accommodate a variety of the company own operations.
Visscher-Caravelle is the global market leader in the development, manufacture and supply of car mats and textiles for the international automotive industry.
Bergman Clinics has been one of the leading independent chains of focus clinics for more than 25 years, with more than 25 locations spread across the Netherlands. These clinics provide planned medical care, always putting clients and their medical conditions first. By focusing on common treatments, the company has managed to acquire considerable knowhow and expertise, and it is currently one of the most experienced institutions of its kind for these treatments. Bergman Clinics was sold to venture capital firm NPM Capital.
Encko Food Group has been producing meat-based and egg-based convenience foods since 1960, having added a range of meat substitutes in 2003 under the Vivera label. Rabo Participaties acquired a stake in the company in 2013 in order to facilitate Vivera’s international growth. The company also decided to convert the three divisions into more independent business units. Rabo Participaties sold its stake to Gilde Buyout in 2015.
An innovative manufacturer of propeller shaft seals for the maritime and dredging industries, Lagersmit Sealing Solutions was part of IHC for many years, until Rabo Participaties and the management organised a corporate carve-out. The shareholders sold their stake to Anders Invest in 2017.
Many of the authentic hotels and restaurants owned and operated by this Netherlands-based chain – founded by Chris Luken, who created Hotelbon, a successful hotel voucher in the Netherlands some years ago – are housed in landmark buildings. An investment from Rabo Participaties enabled Fletcher to increase the number of hotel properties from 38 to 72. Rabo Participaties sold its stake in Fletcher Hotels to a hotel investment firm in 2016.
Nutriad is a manufacturer of high-quality food additives for the worldwide animal feed industry.
Rabo Participaties acquired Optisport, an operator of municipal sporting facilities, from Waterland together with the management in 2012 and subsequently sold it to O2 Capital in 2015.
This white-label manufacturer of gourmet biscuits, which serves retailers across Western Europe, was established in 1886. Rabo Participaties and the management acquired the company in 2012, in addition to fully upgrading the machinery. Rabo Participaties sold its stake to O2 Capital in 2015.
TCW Groep is a business-to-business catering wholesaler focusing on non-food products for restaurants, hotels and other food establishments.