NewPort Capital has acquired a stake in Build Finance, a mortgage loan provider to Professional Real Estate Investors.
The investment allows Build to accelerate its ambitious growth strategy and further strengthen its position in the fast-growing market of mortgage loans financing for Professional Real Estate Investors in affordable residential rental properties
With NewPort on board, Build is ready for the next phase of their business. “Build is a great company with a strong and committed team. They have succeeded in realizing a welcome and efficient alternative to the major banks. Their social focus on social and mid-market rental actually contributes to reducing the housing shortage in this segment. We are very enthusiastic about the growth opportunities of Build and the cooperation with the entrepreneurial and driven management team ”, says Rob van der Laan, Managing Partner of NewPort Capital
Lindenaar & Co acted as advisor to the shareholders of Build during the entire transaction process. The activities consisted amongst other of writing an information memorandum, structuring of the transaction, coordination of the due diligence process, final negotiations and closing of the transaction.
Profile Build Finance
Build was founded in 2020 by a group of professionals with the objective to manage mortgage loans of € 2 to € 25 million per transaction to finance affordable residential rental properties in the Netherlands. The company builds a unique bridge between the increasing demand for financing from Professional Real Estate Investors on the one hand and offering Insitutional Investors easy access to invest in an asset class that provides attractive returns with limited risk on the other hand.
Profile NewPort Capital
NewPort is an independent private equity firm focused on investing in Dutch based mid-market companies with an annual operating profit ranging between € 2 and € 7 million active in the manufacturing, business or financial service industries, and the food and packaging sector.