Waysis BV realized the buy-out of several minority shareholders, including NPM Capital (NPM), through a share buy-back that was realized through a (re)financing transaction with Fortis Bank (currently ABN Amro).
Lindenaar & Co advised the various shareholders as “advisor to the transaction”. The activities included the composition of an LoI between the buying and selling shareholders, co-ordination of a controlled auction with banks, writing an information memorandum, term sheet negotiations, due diligence co-ordination and closing of the financing.
Profile Waysis
Waysis (formerly Stahomij BV) has been in operations since 1927 and is market leader in the field of parking and mobility solutions in the Netherlands. The Waysis group currently includes Taxameter Centrale (parking solutions) and Yellowbrick (real-time parking solutions) and previously also a.o. Ko Hartog Verkeerstechniek (traffic engineering) and Taxitronic (taxi automation). Waysis currently employs a total of about 100 employees.
Profile NPM Capital
NPM Capital was founded in 1948 as the Nederlandse Participatie Maatschappij. The company is a Dutch investment firm with a focus on mid-sized companies in the Benelux and an investment size between €20 and €500 million. Its current investment portfolio consists of approximately 45 companies active in several sectors. NPM is part of SHV Holdings.