Construction company buys major sub-contractor

Client: Buyer

Industry: Construction

On behalf of the Buyer (family-owned business/construction and maintenance) Nederhof oversaw the purchase of one of the Buyer’s main sub-contractors (electric engineers). Close to retirement, the owner realised a pre-exit. This transaction secured the continuity of the sub-contractor, which was also in the Buyer’s interest, especially given the shortage in the job market in this specific industry.
The sub-contractor will be continuing its business under its own name.
Nederhof advised the Buyer about the price, assisted in the negotiations and oversaw the finalisation of the arrangements.