Houlihan Lokey Advises Sansidor
Houlihan Lokey is pleased to announce that Sansidor, a fast-growing testing, inspection, certification, and compliance (TICC) platform, has successfully secured investment from IK Partners (IK). IK has acquired its stake from existing shareholders HC Partners, founders of the respective group companies, and management, who will all be reinvesting. Houlihan Lokey served as the exclusive financial advisor to Sansidor and HC Partners. The transaction closed on 30 September 2024.
Sansidor was created in 2018 through the acquisition of several inspection companies by HC Partners. Since then, the group has grown considerably and today, comprises 18 companies in the Netherlands, with plans to expand to Germany in the near future. With a broad suite of products and services already on offer, Sansidor aims to provide a one-stop shop for small, medium-sized, and larger enterprises across the entire built environment industry. To support this achievement, it pursues an active buy-and-build strategy that targets high-performing specialist companies with entrepreneurial mindsets that complement its existing offering.
Collectively, Sansidor has nearly 400 employees who serve more than 9,000 clients across a diverse range of sectors. Operating across four key segments—water safety, fire protection, electricity, and building integrity—and two great niches— infection prevention and air measurements—the group benefits from a high level of sales recurrence due to insurance and regulatory and legal requirements, with significant customer lock-in and stickiness.
HC Partners is an independently managed private equity firm headquartered in Amsterdam, the Netherlands. It has a strong track record as a partnering shareholder in supporting entrepreneurs and management teams to grow their companies, both organically and through buy-and-build strategies. The firm invests in small and medium-sized companies in promising sectors in the Benelux region.
IK is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics, and the U.K. Since 1989, IK has raised more than €17 billion of capital and invested in more than 190 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
Houlihan Lokey served as the exclusive financial advisor to the Sansidor shareholders and HC Partners in a deal that exemplifies the continued success of Houlihan Lokey’s dedicated global coverage of the TICC sector.
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