M&A Deal Summary

Pay for People Acquires Tentoo

On June 30, 2017, Pay for People acquired business services company Tentoo from De Hoge Dennen Capital

Acquisition Highlights
  • This is Pay for People’s 1st transaction in the Business Services sector.
  • This is Pay for People’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2017-06-30
Target Tentoo
Sector Business Services
Buyer(s) Pay for People
Sellers(s) De Hoge Dennen Capital
Deal Type Add-on Acquisition

Target

Tentoo

Amsterdam, Netherlands
Tentoo is a provider of payroll services, especially in the audiovisual sector. Tentoo was founded in 1992 and is based in Amsterdam, Netherlands.

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Buyer(S) 1

Buyer

Pay for People

Rotterdam, Netherlands

Category Company
Founded 1998
Sector Business Services
DESCRIPTION

Pay for People is specialist in payrolling and providing innovative, tailor-made solutions that enable our customers to focus on what really matters, growing their business. Pay for People was founded in 1998 and is based in Rotterdam, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

DESCRIPTION

De Hoge Dennen Capital is a family office focused on acquiring and investing in lower middle-market Dutch companies. The Firm does not have a specific investment strategy, however De Hoge has a preference for family companies. Target companies are generally valued between €10 and €100 million. De Hoge Dennen Capital was established in 2002 and is headquartered in Laren, The Netherlands.


DEAL STATS #
Overall 3 of 9
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 6
Country: Netherlands M&A 3 of 9
Year: 2017 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-26 Lagersmit Sealing Solutions

Alblasserdam, Netherlands

Lagersmit Sealing Solutions is a manufacturer and sells shaft seals for ship screws, pumps and tidal turbines. Lagersmit Sealing Solutions was established in 1856 and is headquartered in Alblasserdam, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Redmore

Utrecht, Netherlands

Redmore is a provider of information technology consulting and software development services. Redmore was founded in 2014 and is based in Utrecht, Netherlands.

Sell -