For further growth of BAS Holding BV (in the Netherlands a.o. active with the MyCom retail formula) additional working capital financing was realized. This additional working capital financing was provided by ABN Amro Bank.
Lindenaar & Co has led the whole banking process for BAS Holding BV. Frist, by preparing and writing the information memorandum for potential financers. Thereafter, Lindenaar & Co directed the process, including the negotiation of the term sheets and due diligence, that led to the succesfull completion of the banking documentation.
Profile BAS Group
BAS Group, founded in 1997, is a top-5 distributor in the Benelux computer and computer accessories market and a leading computer retailer in the Dutch market via its MyCom retail formula (23 stores nationwide). The company currently employs approximately 200 FTEs and realized a turnover of €150 million for the financial year 2008/2009.
BAS Group has recently introduced their new MyCom 2.0 formula which is completely focused on the integration between the online and offline offering (MyCom Online and MyCom Offline) of computer products. The company also exploits its own private label concept ICIDU in various European countries.