M&A Deal Summary

Torqx Capital Partners Acquires Beter Bed Holding

On December 22, 2023, private equity firm Torqx Capital Partners acquired retailer Beter Bed Holding from Navitas Capital and Teslin Capital Management

Acquisition Highlights
  • This is Torqx Capital Partners’ 1st transaction in the Retail sector.
  • This is Torqx Capital Partners’ 16th transaction in the Netherlands.

M&A Deal Summary

Date 2023-12-22
Target Beter Bed Holding
Sector Retail
Buyer(s) Torqx Capital Partners
Sellers(s) Navitas Capital
Teslin Capital Management
Deal Type Going Private

Target

Beter Bed Holding

Uden, Netherlands
Beter Bed Holding is a sleep specialist in retail, wholesale and B2B. Beter Bed Holding was founded in 1981 and is based in Uden, Netherlands.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Torqx Capital Partners

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2017
PE ASSETS 150M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Torqx Capital Partners is a private equity firm focused on acquiring and investing in medium-sized companies located in the Benelux. The Firm will consider a variety of investment situations including expansion financings, buy-and-builds, performance improvements, turnarounds, and transformational investments. Broad areas of interest include manufacturing, distribution and services where Torqx can leverage its experience and team. The Firm typically acquires majority positions and partners with entrepreneurs and management teams when pursuing transactions. Torqx Capital Partners was established in 2017 and is headquartered in Bussum, the Netherlands.


DEAL STATS #
Overall 18 of 18
Sector (Retail) 1 of 1
Type (Going Private) 1 of 1
Country (Netherlands) 16 of 16
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-12 Elcee

Dordrecht, Netherlands

Elcee is a provider of customized parts and components, assembled products, and standard products for a wide range of industrial markets. The company is active in the (co-)development, design, engineering and supply chain management (sourcing, stock-keeping as well as quality control and delivery) of industrial parts in four product groups: castings and forgings, plain bearings, fasteners, and lifters. It operates local offices throughout Europe in combination with technical support centers in China and Poland. Elcee was founded in 1923 and is based in Dordrecht, Netherlands.

Buy -

Seller(S) 2

DESCRIPTION

Navitas Capital is a private investment group focused on Dutch-based, growth oriented companies where the firm can commit €3 to €15 million of capital. The Firm will consider public and private opportunities with a preference for majority investment positions. Navitas Capital is based in Alphen aan den Rijn, the Netherlands.


DEAL STATS #
Overall 6 of 6
Sector (Retail) 2 of 2
Type (Going Private) 1 of 1
Country (Netherlands) 6 of 6
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Takkenkamp Groep

Apeldoorn, Netherlands

Takkenkamp Groep is a specialist in insulation, restoration and facade maintenance. Their goal is to improve the living comfort of users and residents by making homes and buildings more sustainable. Takkenkamp Groep is based in Apeldoorn, Netherlands.

Buy -
DESCRIPTION

Teslin Capital Management is an investment firm focused on small to medium-sized listed company investments. The Firm targets businesses throughout the Netherlands and nearby regions with an emphasis on sustainable value creation. Teslin Capital Management was founded in 1991 and is based in Maarsbergen, the Netherlands.


DEAL STATS #
Overall 2 of 2
Sector (Retail) 1 of 1
Type (Going Private) 1 of 1
Country (Netherlands) 2 of 2
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-21 Ordina

Nieuwegein, Netherlands

Ordina is a provider of consulting, solutions, and IT in the Netherlands, Belgium, and Luxembourg. Ordina was founded in 1973 and is based in Nieuwegein, Netherlands.

Sell -