07 May Overview of closed transactions
In the past period too, Vestius has advised various companies on investments and takeovers. A brief overview:
Vestius advised Tocardo Tidal Power from Den Oever on its relaunch and investment from the Sustainable Energy North Holland Participation Fund (“PDENH”) and some private investors in Tocardo Tidal Power. Tocardo Tidal Power is a Dutch pioneer in the field of tidal current technology. Added to that, it provides installation and maintenance services relating to its turbines and installations.
Vestius advised SGI Aviation Services B.V. (“SGI Aviation”), an independent advisor to the aviation industry, providing aircraft and engine asset management and all affiliated technical consulting and advisory services, on its strategic investment in its business from FinTech Global Incorporated (“FGI”), a Tokyo-listed boutique investment bank. FinTech Global Trading Incorporated (“FGT”) established for that purpose SGI Investment LLC (“SGI Investment”) and through this limited liability company has acquired from Seabury Capital LLC (“Seabury Capital”) a 51% voting interest and 44.1% economic interest in SGI-Group B.V. (“SGI-Group”), the holding company for SGI Aviation, to pursue joint opportunities in the aircraft asset management businesses. Aside from advising SGI Aviation regarding all the legal aspects and negotiating the terms of the participation, Vestius’ role also consisted in mediating between all parties to bridge the differences between them.
Vestius advised Axivate Capital III on its strategic investment in Dealconomy, providing Dealconomy with growth capital and enabling Dealconomy to acquire iChica (a Dutch daily-deals-website) from Netherlands E commerce Group. Axivate Capital is a private equity firm that invests in Dutch and European companies in the fields of Digital Media, e-Commerce, Internet, and Leisure. Dealconomy (formerly Buyou) is an e-commerce company which offers products and services for competitive prices.
Vestius advised Vereniging Veronica and V-Ventures on the sale of its subsidiary Algemeen Nederlands Persbureau (ANP) to Talpa Network. V-Ventures is the investment fund of Vereniging Veronica with a strong focus on media, news and information industry in order to safeguard a free and open society. ANP is the largest news agency in the Netherlands established in 1934, with a strong position in the Netherlands and abroad. ANP supplies hundreds of thousands of news items, photographs, radio bulletins and videos per year. ANP is also active in the field of media distribution, media monitoring, strategic analysis and content creation for a large number of companies, organizations and governmental bodies. Talpa is the company of Mr. J. de Mol with a focus on media, television and radio activities.