Closed transaction
Deal details
https://yescf.nl/en/5by2-sold-to-lodige-industries-from-germany/
YES Corporate Finance has successfully advised the shareholders of 5BY2 on the sale of 100% of the shares to Lödige Industries from Germany.
5BY25BY2, established in 1992 and based in Amsterdam, is the world leading supplier of Automated Parking Systems based on puzzle technology. This technology offers developers up to 60% efficiency improvement above conventional car parking at spaces it would otherwise not be possible. To date, 5BY2 has successfully installed dozens of parking systems in The Netherlands, Germany, Canada and the United States primarily at areas with high population density such as New York, Boston, Toronto and Amsterdam. More information about 5BY2: http://www.5by2parking.com/
Lödige IndustriesAcquirer of 5BY2 is Lödige Industries, a leading global provider of intralogistics systems, headquartered in Germany. With offices around the world, Lödige Industries, founded in 1948, delivers complex material flow systems from planning, construction, programming and commissioning phases to servicing to a broad range of clients. Lödige Industries is the world market leader in air cargo handling terminals. The company is a leading player in car parking solutions including fully automated car park systems. In 2015 Lödige built Europe’s largest fully automated car park system in Denmark, which it still operates. For more information about Lödige: www.lodige.com
Role YES Corporate FinanceYES Corporate Finance has advised the shareholders of 5BY2, a.o. Dutch private equity firm Antea, on the following topics:
Drafting the Information Memorandum
Seeking and selecting the appropriate buyer
Working out the deal structure
Coordinating the due diligence
Negotiating the deal & additional conditions including the Share- and Purchasing Agreement
Robert de Boeck, director of Antea:“We are very satisfied with the proactive and coordinating role that YES Corporate Finance has fulfilled during this process. We would certainly recommend YES Corporate Finance for assistance in sale processes and will cooperate with YES Corporate Finance more often in future M&A processes of our portfolio companies”.
More information about Antea: https://www.antea.nl/
Deal team
01Members / select to view profile
Arjan Boonekamp
RoleManaging Partner
FirmYES Corporate Finance
Arjan Boonekamp (1970) is founder & managing partner at YES Corporate Finance since 2016 and has ~30 years of corporate finance experience, including extensive experience in selling SME(+) companies, mergers & acquisitions and financing (debt & equity).
View profile
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