Equity & Debt Financing

Smallsteps provides childcare services and is with over 250 childcare centres, one of the biggest childcare providers in the Netherlands. The Works Council of Smallsteps is (legally) tasked with providing advice to the company, for a.o. strategic decisions with a material impact on the employees of Smallsteps

Chestnut acted as exclusive financial advisor to the Works Council of Partou Kinderopvang & Smallsteps / KidsFoundation.

Valstar Simonis is an independent Dutch bureau of engineers specialising in technological building services. Valstar Simonis is headquartered in Rijswijk, with offices in Apeldoorn, Amsterdam, Eindhoven and Groningen.

Chestnut acted as financial advisor to the management of Valstar Simonis during the refinancing process.

Smallsteps provides childcare services and is with over 250 childcare centres, one of the biggest childcare providers in the Netherlands. The Works Council of Smallsteps is (legally) tasked with providing advice to the company, for a.o. strategic decisions with a material impact on the employees of Smallsteps

Chestnut acted as exclusive financial advisor to the Works Council of Partou Kinderopvang & Smallsteps / KidsFoundation.

Founded in 2019, Payaut is an Amsterdam-based fintech that offers an automated payment solution for online marketplaces. Payaut functions as an intermediary between sellers and the different Payment Service Providers (PSPs) whereby marketplaces are no longer dependent on one single PSP.

The seed investment round was led by LocalGlobe, Entrée Capital and Finch Capital together with a group of angel investors with a strong background in the fintech industry (a.o. ex-Mollie and Adyen C-level executives).

Chestnut acted as financial advisor to Payaut in the fundraising process.

The Dutch is a premium 18 hole Inland Links golf course aimed primarily at corporate members. The Dutch was established in 2008 and has a par 71 Colin Montgomerie Signature Design golf course.

Chestnut advised the shareholders of The Dutch in various corporate finance related topics.

Bonarius specializes in the installation and maintenance of central heating systems for housing associations and commercial property managers. Bonarius manages more than 200,000 individual and 550 collective installations.

Chestnut assisted Bonarius in the transfer of part of the shares within the family to the current CEO and son of the owner of the company.

VVE NL manages c. 245 VVEs, parking associations and apartment cooperatives in and around Amsterdam. The company is involved in both new build and existing construction and arranges administrative, financial, technical and managerial issues. As an independent VVE manager, the company is independent of housing associations or brokers.

Chestnut has conducted a valuation analysis of the company on behalf of the shareholders.

Chordify is a fast-growing music edtech company that has developed proprietary technology to convert music into chords. On the Chordify platform, users can learn to play themselves by using the chords generated by Chordify. The business case is based on a freemium SaaS model.

Chestnut conducted the valuation analysis to support the company’s Employee Stock Option Plan (ESOP).

Studytube is a fast-growing B2B edtech scale-up that offers companies and governments an advanced and integrated learning platform. With Studytube’s platform, organizations can manage and monitor their entire staff’s learning needs.

Verdane is a €3bn+ Scandinavian investment fund focused on €10-150m investments in European tech scale-ups.

Chestnut has assisted Studytube in the €10m investment round by Verdane.

Founded in 2019, Payaut is an Amsterdam-based fintech that offers an automated payment solution for online marketplaces. Payaut functions as an intermediary between sellers and the different Payment Service Providers (PSPs) whereby marketplaces are no longer dependent on one single PSP.

The pre-seed investment round was led by LocalGlobe and Finch Capital together with a group of angel investors.

Chestnut acted as financial advisor to Payaut in the fundraising process.

Jellow is a fast growing online platform that matches companies (employers) with freelancers particularly in Business Services. The company was founded in 2012 and has offices in the Netherlands and Belgium.

Chestnut acted as exclusive financial advisor to the founders of Jellow resulting in among others the raising of growth capital from Mediahuis NV, the Belgian giant media company that owns among others the Dutch NRC and Telegraaf.

StuDocu is a crowdsourced online study platform offering access to shared materials (e.g. book summaries, past exams and lecture notes) to students from all over the world. Quality of content is ensured through user ratings and automated quality control.

Chestnut acted as exclusive financial advisor to StuDocu and its shareholders, resulting in the raising of growth capital from Piton Capital (a venture capital firm based in London).

Siilo is an online secure messaging platform tailored to the needs of healthcare professionals.

Chestnut acted as exclusive financial advisor to the shareholders and management of Siilo, resulting in the raising of growth capital of EUR 4.5m provided by EQT Ventures and existing shareholders for the purpose of foreign expansion of the business.

GoodFuels aims to be a one-stop shop for sustainable biofuel. The company is currently active in two markets, the marine industry and the road & rail industry. In addition, GoodFuels is also actively involved in the development of new types of sustainable biofuels.

Chestnut acted as exclusive financial advisor to GoodFuels and its shareholders resulting in the raising and structuring of additional growth capital for the purpose of further development of the business.

Roger Bacon is a young company that focuses on ‘mass customization’ in the optical industry. By combining proprietary software – that can merge 3D biometric scans and eyewear designs – with 3D printing Roger Bacon produces affordable, high quality, custom-made frames with short delivery times.

Chestnut acted as exclusive financial advisor to Roger Bacon and its shareholders resulting in the raise of additional growth capital.

Multi Pilot Simulations develops, manufactures and sells fixed-base, type-specific flight simulators (B737, A320) for airliners (such as Ryanair, WizzAir and El-Al), type-rating training organizations (TRTOs) and flight schools (FTOs).

Acting from its role as minority shareholder, Chestnut professionalized MPS’ finance organization, initiated the transaction with H2 and assisted the shareholders of MPS as principal in this transaction.