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IceLake secures financing for the acquisition of D. Van Der Steen to expand road maintenance services

PRIVATEMay 13, 2024

Acquiring Company

IceLake

Acquired Company

D. Van Der Steen (VDS)

AmsterdamUtrechtFinancial ServicesFinanceVenture CapitalAngel InvestmentBuilding Maintenance

Description

Crescent Capital Group LP, through its European Specialty Lending strategy, has provided financing to support IceLake's acquisition of D. Van Der Steen (VDS). The partnership aims to expand VDS's presence throughout the Netherlands and strengthen its infrastructure and road maintenance services, further solidifying its position as a top asphalt maintenance and road specialist in the country.

Quick answer

IceLake is acquiring D. Van Der Steen (VDS), announced May 13, 2024. IceLake is based in Amsterdam, North Holland, Netherlands.

How much did IceLake pay for D. Van Der Steen (VDS)?
The deal value was not disclosed.
What does IceLake do?
IceLake Capital is a private equity fund with a focus on buyouts of medium-sized companies.
Where are IceLake and D. Van Der Steen (VDS) based?
IceLake is based in Amsterdam, North Holland, Netherlands. D. Van Der Steen (VDS) is based in Utrecht, Utrecht, Netherlands.
Who are the decision-makers at IceLake?
Fundz holds 1 contact at IceLake. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

IceLake

Location

Amsterdam, North Holland, Netherlands

About

IceLake Capital is a private equity fund with a focus on buyouts of medium-sized companies. We actively support the growth strategies of these companies.

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Frequently asked

Who acquired D. Van Der Steen (VDS)?

D. Van Der Steen (VDS) was acquired by IceLake, based in Amsterdam. The deal was reported on May 13, 2024. IceLake Capital is a private equity fund with a focus on buyouts of medium-sized companies. We actively support the growth strategies of these companies. IceLake is privately held and operates in Financial Services.

When did IceLake acquire D. Van Der Steen (VDS)?

IceLake's acquisition of D. Van Der Steen (VDS) was reported on May 13, 2024. Crescent Capital Group LP, through its European Specialty Lending strategy, has provided financing to support IceLake's acquisition of D. Van Der Steen (VDS). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does D. Van Der Steen (VDS) do?

Since Dirk van der Steen founded the company in 1911, VDS has developed from a paving contractor to a service provider in the field of inner-city infrastructure. It is privately held, operating in Building Maintenance, and is based in Utrecht.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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