Invicta Participaties acquires road construction machine manufacturer Burtec B.V.

Invicta Participaties is a private equity firm located in Amsterdam that focuses on succession issues, company takeovers and growth financing. Invicta invests in medium-sized Dutch SMEs that are active in the manufacturing industry and have a (profitable) track record. Besides being a financer, Invicta also functions as a sounding board for entrepreneurs.

Target in the manufacturing industry

Burtec has existed for 55 years and as of 1985, the company specializes in fabricating machines that are used for building and maintaining roads. Its most important products are emulsion sprayer trucks, core drilling machines, sawing machines, angle broom, shovels etc. These machines are used for laying, testing and maintaining asphalt and are present at every asphalting team. Currently, Burtec employs 17 people and is a leading player in the Dutch market.

During the acquisition process, Baker Tilly Corporate Finance performed the acquisition due diligence on the areas of finance and tax, in collaboration with colleagues of Baker Tilly’s tax practice.

Opportunities in Belgium and Germany

With the investment, Invicta has acquired a solid Dutch manufacturing company in the field of infrastructure. Burtec is mainly active on the Dutch market, which Invicta regards as sizeable and stable. In addition to this market, the private equity firm has identified opportunities in Germany and Belgium: in these countries, Burtec is ahead of its foreign competitors due to the high quality of its products. Invicta has acquired the company together with Rob Doorman, who took on the role of general manager following the takeover. Rob Doorman was previously active as a manager within Burtec for 20 years.

Invicta Participaties brought in Baker Tilly Corporate Finance and was assisted by Mark Goderie (director) and Tommy Haans (consultant).

Has a similar question arisen for your company or do you consider selling your company or doing a takeover? Do not hesitate to contact us for an informal discussion.

Baker Tilly (Sell-side advisory)

Lorijn van Leersum ([email protected])

Alexander Niemeijer ([email protected])