Special Assignments
Over the years, Chestnut has built strong relationships with a.o. many mid-market corporates and large (inter)national companies. Our pragmatic and discrete approach is highly valued by our clients, which is reflected in our recurring dealflow, of often complex assignments.
Our special assignments typically involve either of the following:
- (Corporate) works council advise
- Strategic advisory
- Company valuations
- Asset valuations
- Business plan (assessments)
- Fairness opinions
Special Assignments
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
Acquisition
Chestnut acted as financial advisor to the Works Council
Business case support
Chestnut acted as financial advisor to FoodVentures
Acquisition
Chestnut acted as financial advisor to Smallsteps
Business case valuation
Chestnut acted as financial advisor to Le Pain Quotidien
Works Council Advisory Services
Chestnut acted as financial advisor to Tata Steel
Management buy-out
Chestnut acted as financial advisor to the management of HSB
Valuation analysis
Chestnut acted as financial advisor to Burdock Group
Valuation analysis
Chestnut acted as financial advisor to Rijkswaterstaat
Strategic advisory
Chestnut acted as financial advisor to KeyGene
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.
Acquisition
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 Smallsteps during the request for advice from Smallsteps, regarding the acquisition of KidsFoundation Holdings (including Smallsteps) and Partou Kinderopvang by Onex and Waterland.
Business case support
Chestnut acted as financial advisor to FoodVentures
Description
Since 2010 FoodVentures develops and invests in high-quality environment greenhouses in emerging countries. Investments of the company include greenhouses in Ukraine, Kazakhstan and Georgia.
Chestnut compiled a comprehensive financial business case for FoodVentures.
Acquisition
Chestnut acted as financial advisor to Smallsteps
Description
Smallsteps provides childcare services and is with 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 Smallsteps during the request for advice from Smallsteps, regarding the acquisition of Smallsteps by Onex. Onex is a reputable listed (Toronto Stock Exchange) Canadian private equity firm with over $32 billion of assets under management.
Business case valuation
Chestnut acted as financial advisor to Le Pain Quotidien
Description
Le Pain Quotidien is a restaurant chain which serves dishes made of biological and local ingredients where possible. Breakfast, lunch and brunch courses are mainly served in the local stores, of which there are nine in the Netherlands.
On shareholders’ request, Chestnut compiled a financial business case for the company, followed by a valuation analysis based on the business case.
Works Council Advisory Services
Chestnut acted as financial advisor to Tata Steel
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 CWC of TSN during the full consultation- / advisory process, regarding the request for advice from TSN in relation to the proposed joint venture between the European steel activities of Tata Steel and thyssenkrupp. Thyssenkrupp is Europe’s second largest steel producer with its main production facility in Duisburg (Germany).
Management buy-out
Chestnut acted as financial advisor to the management of HSB
Description
HSB, a company comprising 300+ employees, provides tailor-made work in areas of real estate development, new-build projects, renovation, small construction and subcontracting. The company mainly develops and realizes sustainable projects for developers and housing corporations in specifically the northwest- and the middle of the Netherlands.
Chestnut performed a valuation of the company.
Valuation analysis
Chestnut acted as financial advisor to Burdock Group
Description
Burdock Group provides complete solutions for projects in the civil & structural, energy and oil & gas sectors. The company is specialized in project management, recruitment and consultancy.
Chestnut conducted a valuation analysis of Burdock Group.
Valuation analysis
Chestnut acted as financial advisor to Rijkswaterstaat
Description
RWS is an executive branch of the Ministry of Infrastructure and Water Management. RWS is responsible to maintain and improve traffic flows throughout The Netherlands. Additionally, RWS is responsible to construct and maintain waterways, while simultaneously assuring its quality and safety.
Chestnut conducted a valuation analysis for RWS. The assignment was aimed to value the B2C activities of the private company VID Netherlands.
Strategic advisory
Chestnut acted as financial advisor to KeyGene
Description
KeyGene is an agricultural research driven biotech company dedicated to perform higher crop yield and quality. KeyGene assists organisations with their R&D challenges, combining cutting edge breeding technologies, bioinformatics & data science expertise and plant-based trait platforms.
Chestnut assisted KeyGene in a strategic decision process regarding one of its research programs.