Mergers & Acquisitions (M&A)
Our extensive deal history enables us to provide high-quality M&A services to strategic and/or financial shareholders, management teams, supervisory boards, and works councils. We advise our clients in all stages of the transaction process; i.e. from identifying potential M&A opportunities to the structuring and negotiating of final transaction- and financing terms. By doing so, we aim to – if desired by the customer – fully unburden our clients and at the same time act as sounding board and project manager before, during (and after) the transaction. Chestnut’s in-depth market knowledge and international network through Socius, enables us to provide both domestic and cross-border services.
Our M&A services include:
- Sell-side: sale of companies from a full strategic sale to management buy-outs and carve-outs
- Buy-side: acquisition of companies & special business activities
- Strategic alliances
- Shareholders restructuring
- Special and confidential roles in large cap transactions like advising (central) work councils
M&A transactions
Acquisition
Chestnut acted as sell-side advisor to Parkos
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Acquisition
Chestnut acted as sell-side advisor to Really Simple Plugins
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Acquisition
Chestnut acted as financial advisor to Swagemakers
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Acquisition
Chestnut acted as sell-side advisor to Studytube
Acquisition
Chestnut acted as sell-side advisor to Groveko
Acquisition
Chestnut acted as sell-side advisor to Powerd
Acquisition
Chestnut acted as sell-side advisor to PNO
Acquisition
Chestnut acted as financial advisor to Hoornaert
Acquisition
Chestnut acted as financial advisor to DPD
Capital raise (€8m Seed)
Chestnut acted as financial advisor to Payaut
Capital raise (Seed)
Chestnut acted as financial advisor to Open HealthHub
Capital raise ($30m Series B)
Chestnut acted as financial advisor to Studytube
Acquisition
Chestnut acted as financial advisor to Studytube
Valuation analysis
Chestnut acted as financial advisor to Sycada
Strategic advisory
Chestnut acted as strategic advisor to Marma Vastgoed
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Strategic advisory
Chestnut acted as strategic advisor to Westland Kaas
Acquisition
Chestnut acted as financial advisor to MB-ALL
Acquisition
Chestnut acted as financial advisor to Infra Foodbrands B.V.
Merger
Chestnut acted as financial and strategic advisor to Sportfondsen
Limited Sanity Check
Chestnut acted as financial advisor to NPEX
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Acquisition
Chestnut acted as financial advisor to DPD
Acquisition
Chestnut acted as financial advisor to the management
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
€2.6m capital raise
Chestnut acted as financial advisor to Payaut
Corporate finance advisory
Chestnut acted as financial advisor to The Dutch
Corporate finance advisory
Chestnut acted as financial advisor to Bonarius
Valuation analysis
Chestnut acted as financial advisor to VVE NL
Valuation analysis
Chestnut acted as financial advisor to Chordify
€10m capital raise
Chestnut acted as financial advisor to Studytube
€1.0m capital raise
Chestnut acted as financial advisor to Payaut
Acquisition
Chestnut acted as financial advisor to VBO
Acquisition
Chestnut acted as sell-side advisor to Parkos
Description
Parkos is fast growing platform for airport parking founded in the Netherlands. Founded in 2014, Parkos has rapidly grown into a key player in the Dutch market while expanding its services to 12 additional countries. The platform has serviced over 4 million customers worldwide, becoming a trusted choice for travelers looking for convenient and reliable parking solutions at airports across the globe.
CAVU is a UK based global travel platform, part of the Manchester Airport Group (MAG). CAVU’s clients include regional airports and travel hubs, and focuses on making airport-related services such as parking and car rental more efficient and accessible to travelers worldwide.
Chestnut acted as financial advisor to Parkos and its shareholders on the sale to CAVU.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Bugaboo is an innovative Dutch company that designs high-quality, stylish strollers, combining mobility and comfort for both parents and children. Their products are known for smart functionality, sustainability and modern aesthetics, perfect for parents with an active lifestyle.
Chestnut OR Advies acted as exclusive financial advisor to the Works Council of Bugaboo regarding the acquisition of Bugaboo by Mubadala Capital.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Partou is a leading childcare chain with over 900 locations. Last year, more than 80,000 children visited their daycare centers or out-of-school care locations.
Chestnut OR Advies acted as exclusive financial advisor to the Works Council of Partou.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Tata Steel Netherlands (TSN) is one of Europe’s leading steel producers, with steelmaking in IJmuiden, the Netherlands, and manufacturing plants across Europe. The company supplies high-quality strip steel products to demanding markets such as construction, automotive, packaging and engineering. TSN produces and delivers over 7 million tonnes of flat steel on an annual basis. TSN employs over 11.000 people, of which over 9.000 at the fully integrated site and value chain in IJmuiden.
Chestnut OR Advies acted as exclusive financial advisor to the Central Works Council of Tata Steel Netherlands.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Valk Solutions offers cloud solutions that provide insight to effectively manage customers, products, prices, inventories and stimulate sales. Through a solid POS, OMS and WMS foundation for franchise retail, branch operations, wholesale, catering and e-commerce.
Chestnut OR Advies acted as exclusive financial advisor to the Works Council of Valk Solutions.
Acquisition
Chestnut acted as sell-side advisor to Really Simple Plugins
Description
Really Simple Plugins is a leading software company established with the vision to make web security and compliance accessible and user-friendly. It specialises in providing high-quality plugins for WordPress websites.
team.blue offers services from domain names, email, shared hosting, e-commerce and server hosting solutions and specialist SaaS providers offering adjacent products such as compliance, marketing tools and team collaboration products. This broad product offering makes it a one-stop partner for online businesses and entrepreneurs across Europe.
Chestnut acted as sell-side advisor to the shareholders and management of Really Simple Plugins on the sale to team.blue.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Since May 2004, Air France and KLM Royal Dutch Airlines have become the largest European airline group: 1 group, 2 airlines, and 3 businesses. The company operates worldwide and is part of the SkyTeam alliance. Its subsidiaries include KLM Cityhopper, KLM Cargo and Transavia. The three core activities are passengers, cargo and engineering & maintenance.
Chestnut OR Advies acted as exclusive financial advisor to the Works Council of KLM.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Valk Solutions offers cloud solutions that provide insight to effectively manage customers, products, prices, inventories and stimulate sales. Through a solid POS, OMS and WMS foundation for franchise retail, branch operations, wholesale, catering and e-commerce.
Chestnut OR Advies acted as exclusive financial advisor to the Works Council of Valk Solutions.
Acquisition
Chestnut acted as financial advisor to Swagemakers
Description
Swagemakers Intermodaal Transport (Swagemakers) is an intermodal transport and logistics provider, strategically located in the North Sea Port area (Westdorpe). The Company has a strong footprint in bulk and liquid goods.
Chestnut acted as exclusive financial advisor to Swagemakers and its shareholder in the sales process resulting in the sale of the stakes to Trimodal Container Terminal Terneuzen (3-MCT).
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Partou is a leading childcare chain with over 700 locations. Last year, more than 70,000 children visited their daycare centers or out-of-school care locations.
Chestnut OR Advies acted as exclusive financial and organizational advisor to the Works Council of Partou on two 2 different assignments.
Acquisition
Chestnut acted as sell-side advisor to Studytube
Description
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.
Springest, part of Studytube, is a training-booking marketplace for companies and their employees.
Chestnut acted as sell-side advisor to Studytube on the sale of Springest including part of its client base to Archipel Academy.
Acquisition
Chestnut acted as sell-side advisor to Groveko
Description
Groveko is a distributor of cleaning and hygiene products based in the Netherlands. In addition to its traditional product offering, the business is the market leader in robotic and smart cleaning solutions in the Benelux.
Bunzl is an international distribution and services company in the fields of retail, foodservice and cleaning & hygiene amongst others. It has operations across the Americas, Europe, Asia, the UK and Ireland.
Chestnut acted as sell-side advisor to the shareholders and management of Groveko on the sale to Bunzl.
Acquisition
Chestnut acted as sell-side advisor to Powerd
Description
Powerd offers smart charging solutions for electric cars. With an advanced software platform and smart charging stations, Powerd enables business customers to offer sustainable mobility to employees.
Groendus is a Dutch company specialising in sustainable energy solutions, offering services such as energy consulting and solar panel installations to businesses customers.
Chestnut acted as financial advisor to the shareholders and management of Powerd on the sale to Groendus.
Acquisition
Chestnut acted as sell-side advisor to PNO
Description
PNO offers a wide range of subsidy, innovation and compliance services and is strongly positioned in the sectors life sciences & health, energy and climate & environment. In the Netherlands, PNO is among others market leader in the area of R&D subsidies (WBSO-dienstverlening).
Bencis is an independent investment fund with offices in Amsterdam, Brussels and Düsseldorf focusing on mid-market investments in European companies.
Chestnut acted as sell-side advisor to the shareholders and management of PNO on the sale to Bencis.
Acquisition
Chestnut acted as financial advisor to Hoornaert
Description
H. Hoornaert Scheepswerf De Schroef (HHSW) is located in Sas van Gent along the busy shipping route of the Ghent-Terneuzen canal. The shipyard provides various services for seagoing and inland vessels up to a length of 162 meters, including repair, conversion, outfitting and new construction. The facilities (including two dry docks and a slipway) are fully equipped to perform work above AND below the waterline.
Chestnut assisted and advised (both strategically and financially) HHSW in realizing an asset/liability transaction, resulting in the sale of HHSW to Norden Shipyard, part of Hicri Ercili, a major player in the shipping market.
Acquisition
Chestnut acted as financial advisor to DPD
Description
DPD – part of the French Groupe La Poste – is one of the largest logistics service providers of Europe. As part of an active buy & build strategy, DPD is continuously searching for (digital) innovations and complementary services for its customers.
Cool Runnings is a logistics expert that specialises in conditioned transport, particularly of fresh and frozen foods in the Netherlands and Flanders.
Chestnut advised DPD in the acquisition of Cool Runnings.
Capital raise (€8m Seed)
Chestnut acted as financial advisor to Payaut
Description
Founded in 2019, Payaut is an Amsterdam-based fintech that provides an automated payment solution for online marketplaces. Payaut acts as an intermediary between sellers and the various Payment Service Providers (PSPs), meaning that marketplaces are no longer dependent on a single PSP.
The €8.0m Seed round was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobe and Entrée Capital.
Chestnut acted as financial advisor to Payaut in the fundraising process.
Capital raise (Seed)
Chestnut acted as financial advisor to Open HealthHub
Description
Open HealthHub is a Netherlands based healthtech plaform focused on secure health data exchange between healthcare providers and patients aimed to reduce the administrative burden in healthcare. Currently, the Open HealthHub platform is successfully implemented at various European hospitals, clinics and research groups.
Holland Capital, who provided the growth capital to Open HealthHub, has successfully invested in more than 150 Dutch SMEs over the past 40 years. It is active in the growth markets of Healthcare and Technology.
Chestnut acted as financial advisor to Open HealthHub in the fundraising process.
Capital raise ($30m Series B)
Chestnut acted as financial advisor to Studytube
Description
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.
Energy Impact Partners (EIP), a US based growth investor (€2bn+ fund), and Verdane, a €3bn+ Scandinavian investment fund, invested $30m in the Series B round.
Chestnut acted as financial advisor to Studytube in the fundraising process.
Acquisition
Chestnut acted as financial advisor to Studytube
Description
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.
Springest, part of FD Mediagroep, is a European training-booking marketplace for companies and their employees which is active in the Netherlands, Belgium, the UK and Sweden.
Chestnut acted as financial advisor to Studytube on the acquisition of Springest.
Valuation analysis
Chestnut acted as financial advisor to Sycada
Description
Sycada is a tech and software developer that offers tools with the aim of making transport and mobility greener, safer and more efficient. Sycada is a pioneer in zero-emission operations and has been involved in several major innovation programs for vans, trucks and buses. They serve more than 1,000 corporate clients across Europe from offices in Amsterdam, Munich and Athens.
Chestnut has conducted a valuation analysis of the company on behalf of the shareholders.
Strategic advisory
Chestnut acted as strategic advisor to Marma Vastgoed
Description
Marma Vastgoed is an investor, developer and manager in commercial and residential real estate. With a strong focus on the South Holland region, the years of experience and knowledge add value to the portfolio. The activities of Marma Vastgoed include: (i) Purchase of and final investment in commercial real estate and homes, (ii) Rental of offices, business premises, shops and houses/apartments and (iii) Development projects (new construction).
Chestnut has been commissioned by the company to prepare a comprehensive financial model.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Partou is a childcare chain, and, with over 700 locations, it is one of the largest childcare chains in the Netherlands. Last year, almost 67,000 children visited their daycare centers or out-of-school care locations.
Chestnut OR Advies acted as exclusive financial advisor to the Works Council of Partou.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Tata Steel Netherlands (TSN) is one of Europe’s leading steel producers, with steelmaking in IJmuiden, the Netherlands, and manufacturing plants across Europe. The company supplies high-quality strip steel products to demanding markets such as construction, automotive, packaging and engineering. TSN produces and delivers over 7 million tonnes of flat steel on an annual basis. TSN employs over 11.000 people, of which over 9.000 at the fully integrated site and value chain in IJmuiden.
Chestnut OR Advies acted as exclusive financial advisor to the Central Works Council of Tata Steel Netherlands.
Strategic advisory
Chestnut acted as strategic advisor to Westland Kaas
Description
The Westland Kaas Groep family business has been a trusted name in the worldwide cheese market for 85 years. Among other things, Westland Kaas is known for the brands Old Amsterdam, Maaslander, Westlite and Trenta. Westland Kaas focuses mainly on Marketing, Sales and Research & Development. Carefully selected partners take care of the production and packaging of the cheeses. In 2021, the first plant-based products from a joint venture with Those Vegan Comboys were introduced.
Chestnut has assisted the board of Westland Kaas in various corporate finance issues.
Acquisition
Chestnut acted as financial advisor to MB-ALL
Description
MB-ALL is active in the secondment of professionals that focus on security and livability in the public domain. More than 350 specialists focus on supervision, enforcement, and legal assignments. With more than 200 municipalities and government agencies as their client, MB-ALL is the market leader and thought leader in the Netherlands when it comes to security and livability in the public domain.
Chestnut acted as financial advisor to MB-ALL on the sale to ADG Dienstengroep
Acquisition
Chestnut acted as financial advisor to Infra Foodbrands B.V.
Description
Infra Foodbrands (IFB) is a specialized producer of fruit juices through the Maaza, Sunland and Limondaine brands. IFB sells approximately 30 million units (15 million liters) of fruit juices and drinks per year in 40+ countries in Europe, West Africa, North America and the Caribbean. IFB was sold to Riedel, the leading Dutch juice company with a turnover of € 200m.
Chestnut acted as financial advisor to IFB on the sale to Riedel.
Merger
Chestnut acted as financial and strategic advisor to Sportfondsen
Description
Sportfondsen is one of the largest Dutch operators in the field of sports, recreation and wellness accommodations.
The Sportfondsen / Laco combination creates a leading market position with more than 300 locations, more than 3,500 employees and 20 million visitors. The new combination makes an important contribution to a (more) vital Netherlands. By joining forces, Sportfondsen and Laco are building a strong organization that can meet the challenges of today and those of the future, such as digitization, legislation and regulations, sustainability and rising energy costs. Together, the companies form a very solid organization that locally connects the municipality and its residents.
Chestnut advised Sportfondsen throughout the full process to become one strong national partner in the field of sports, recreation and wellness accommodations.
Limited Sanity Check
Chestnut acted as financial advisor to NPEX
Description
NPEX is a stock exchange where investors can buy and/or trade stocks and bonds of Dutch SMEs. NPEX was founded in 2008 and is the abbreviation of Nederlandsche Participatie Exchange. Entrepreneurs can realize their financing from 1 million euros via NPEX. This can be done by issuing bonds or depositary receipts for stocks. These can be traded on the NPEX stock exchange after issuance.
Commissioned by NPEX, Chestnut prepared the Limited Sanity Check to define the financial position, revenue models and risks of the relevant client’s listing.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
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.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Tata Steel is one of Europe’s leading steel producers, with steelmaking in the UK and Netherlands, and manufacturing plants across Europe. The company supplies high-quality strip steel products to demanding markets such as construction, automotive, packaging and engineering. Tata Steel Netherlands (TSN) produces and delivers over 7 million tonnes of flat steel on an annual basis. TSN employs over 11.000 people, of which over 9.000 at the fully integrated site and value chain in IJmuiden. The Central Works Council (CWC) of TSN is tasked with providing advice to the company, for a.o. strategic decisions with a material impact on the employees of TSN.
Chestnut acted as exclusive financial advisor to the Central Works Council of Tata Steel Europe.
Acquisition
Chestnut acted as financial advisor to DPD
Description
DPD – part of the French Groupe La Poste – is one of the largest logistics service providers of Europe. As part of an active buy & build strategy, DPD is continuously searching for (digital) innovations and complementary services for its customers.
BK Pharma Logistics and BK Sneltransport offer conditioned pharmaceutical transport for leading national and international companies in the pharmaceutical and healthcare industry.
Chestnut advised DPD in the acquisition of BK Pharma Logistics and BK Sneltransport.
Acquisition
Chestnut acted as financial advisor to the management
Description
Portavita and MGRID are two medical ICT companies. Portavita provides ICT solutions for regionally organized screening, prevention and treatment of chronic diseases. MGRID provides business intelligence for large-scale data integration and self-service analytics environments.
CompuGroup Medical Nederland B.V. (CGM) is part of the German listed company CompuGroup Medical, Europe’s largest developer of primary care automation.
Chestnut advised the shareholders of Portavita and MGRID in the sale to CGM.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
Tata Steel is one of Europe’s leading steel producers, with steelmaking in the UK and Netherlands, and manufacturing plants across Europe. The company supplies high-quality strip steel products to demanding markets such as construction, automotive, packaging and engineering. Tata Steel Netherlands (TSN) produces and delivers over 7 million tonnes of flat steel on an annual basis. TSN employs over 11.000 people, of which over 9.000 at the fully integrated site and value chain in IJmuiden. The Central Works Council (CWC) of TSN is tasked with providing advice to the company, for a.o. strategic decisions with a material impact on the employees of TSN.
Chestnut acted as exclusive financial advisor to the Central Works Council of Tata Steel Europe.
Works Council Advisory Services
Chestnut acted as financial advisor to the Works Council
Description
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.
€2.6m capital raise
Chestnut acted as financial advisor to Payaut
Description
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.
Corporate finance advisory
Chestnut acted as financial advisor to The Dutch
Description
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.
Corporate finance advisory
Chestnut acted as financial advisor to Bonarius
Description
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.
Valuation analysis
Chestnut acted as financial advisor to VVE NL
Description
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.
Valuation analysis
Chestnut acted as financial advisor to Chordify
Description
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).
€10m capital raise
Chestnut acted as financial advisor to Studytube
Description
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.
€1.0m capital raise
Chestnut acted as financial advisor to Payaut
Description
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.
Acquisition
Chestnut acted as financial advisor to VBO
Description
Venum is de voormalige joint venture tussen VBO en Wazzup Software, de ontwikkelaar van Housenet en Kolibri. Venum zet haar activiteiten vanaf heden voort onder de handelsnaam Kolibri.
VBO is een brancheorganisatie voor makelaars, taxateurs en verhuur-specialisten. Met circa 1.200 leden is VBO in geheel Nederland vertegenwoordigd. VBO ondersteunt haar leden o.a. met producten en diensten, opleidingen, voorlichting en belangenbehartiging.
Wazzup Software ontwikkelt al bijna 20 jaar software voor makelaars. Haar focus op de makelaardij en de ontwikkeling van stabiele, maar flexibele platforms heeft geresulteerd in Housenet, een professionele en betaalbare oplossing voor makelaarswebsites, en Kolibri, het gebruiksvriendelijke, effectieve en flexibele CRM-systeem voor de makelaardij.
Chestnut heeft VBO bijgestaan en geadviseerd (zowel strategisch als financieel) bij het realiseren van de transactie, resulterend in 100% aandelenbelang van Venum gehouden door VBO en een overname van de Housenet-activiteiten van Wazzup Software.