Special Assignments

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.

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.

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.

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.

Mendix offers a software platform to build, integrate and deploy web- and mobile applications to clients around the world.

Chestnut conducted a valuation analysis of Mendix.

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).

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.

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.

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.

Mendix offers a software platform to build, integrate and deploy web- and mobile applications to clients around the world.

Chestnut conducted a valuation analysis of Mendix.

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.

Sportfondsen is a leading provider of management and operational services in the sports, recreation, well-being and culture sector. The Company manages and operates more than 200 facilities, ranging from swimming pools and other sports facilities to community centres and multifunctional accommodations, for over 70 municipalities in the Netherlands.

Chestnut acted as the advisor to Sportfondsen on a range of corporate finance topics during the first quarter of 2016.

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 provided financial advice to the management of Valstar Simonis in a management buy-out transaction; incl. arrangement of the acquisition financing facility.

Sound Of Data offers automated communication services under the labels Customer Care Solutions (“CCS”), Media and Travel.

Chestnut acted as financial advisor to the management-shareholders of Sound Of Data in a shareholders restructuring resulting in the sale of their stake in CCS and Media and the 100% acquisition of Travel, which will continue as a standalone business.

Mendix offers a software platform to build, integrate and deploy web- and mobile applications to clients around the world.

Chestnut conducted a valuation analysis of Mendix.

PNO Consultants provides financing solutions for innovation, research and investments to clients in the Netherlands, Germany, France, Italy, the UK and Belgium.

Chestnut conducted a valuation analysis of PNO Consultants.

Traverse Advisory facilitates Dutch SMEs in the area of ​​subsidies and other financial resources.

Chestnut conducted a valuation analysis of Traverse Adviesgroep during the acquisition by PNO Consultants.