Heilbron N.V. backed by ABN Amro Participaties has bought 100% of the shares of MultiSafe Groep a Netherlands-based company engaged in providing insurance services. The acquisition will help Heilbron N.V. to further establish their ambition to grow into a leading national organization with a number of larger locations throughout the Netherlands. MulftiSafe Groep will keep operating under its own brand name.
This acquisition is in line with Heilbron’s expansion strategy. This acquisition will create a broad advice and insurance company with a strong position in the middle, east and west of the Netherlands. The transaction will enable to combine Heilbron IT processes along with MultiSafe to create a lot of synergies which will further enable MultiSafe for their growth and development.
The combined entity will have revenues of over EUR 40m and work force of 300 employees across 10 branches. MultiSafe is headquartered in Huis ter Heide and has offices in De Lier and Geldermalsen.
Hemingway Corporate Finance acted as exclusive financial advisor to the selling shareholders of MultiSafe Groep.
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