Houlihan Lokey Advises Castik Capital

Houlihan Lokey is pleased to announce that funds advised by Castik Capital S.à r.l (Castik) have acquired TBAuctions BV (TBA). Houlihan Lokey served as the exclusive financing advisor and co-M&A advisor to Castik. This transaction closed on January 5, 2022.

Founded in 2018, TBA is a leading Netherlands-based digital auction platform and marketplace for secondhand and second-chance goods, which operates through its two brands: Troostwijk and BVA. The company operates in eight jurisdictions (NL, BE, DE, FR, CH, AT, IT, and the UK) and serves a broad range of customers across a variety of product verticals.

Founded in 2014, Castik is a private equity firm that focuses on acquiring significant ownership positions in European private and public companies, where long-term value can be generated through active partnerships with management teams.

Castik aims to support TBA and its leadership team through continued organic and acquisitive growth opportunities, as well as the ongoing digitisation of the industry in order to continuously create value for all stakeholders.