CFI advised Holland Venture on the exit of Bureau PENG to a family office

Amsterdam – CFI acted as the exclusive corporate finance advisor to Holland Venture on the exit of Bureau PENG to a family office.

PENG acts as an intermediary for finance and healthcare professionals and provides contract recruitment services in the social domain to Dutch municipalities. The Company supplies professionals in debt counseling, budget consultants, as well as, health and social care assessors under the Social Support Act (‘WMO’). PENG has posted impressive growth results over the past period, quadrupling the Company since Holland Venture became the majority shareholder in 2013 through the provision of growth capital.

Holland Venture is one of the first independent private equity firms in the Netherlands. With a clear investment strategy, Holland Venture anticipates long-term trends in attractive growth markets, focusing on Healthcare and Technology sectors. Holland Venture specializes in small to midcap investments within The Netherlands.

The transaction and PENG’s new partnership with this familiy office will further accelerate the Company’s already impressive growth record in the market of Dutch municipalities. This includes the continued hiring and training of new professionals in the social domain.

CFI initiated discussions and negotiations with a range of potential strategic and financial buyers in a process that ultimately resulted in a successful transaction with a Dutch family office and management, which closed 2 October 2015.