DSB Bank - Triacta

DSB Bank

Date of investment: June 2011
Type of investment: corporate carve-out
Status: in portfolio

Triacta and Novapars Capital bought the ~€115mln German loan portfolio from bankrupt DSB Bank, comprising mortgage loans, civil servants’ loans and car loans. The deal included the account service and back-office organisation in Germany with 14 staff.

Managing director Walter ten Hoor of Novapars Capital:

“After the collapse of DSB Bank, Triacta enabled us to bid quickly and decisively for this loan portfolio, and swiftly complete the transaction. Together we also established a strong service organisation which continues to manage the portfolio.”

Investments

Other investments

Kouwenberg Infra

Partial take-over of a family-owned business. Realization of accelerated growth in the Benelux market.

TBS Soest

Corporate carve-out and buy & build in the Dutch drainage market

Rademakers Gieterij

Corporate carve-out of an iron foundry

Struyk Verwo Aqua

Corporate carve-out and buy & build in the Dutch drainage market

Stradus Aqua

Corporate carve-out of leading Belgian player in sewage pipes, manholes, and made-to-measure concrete products

Vingino

Partial take-over of family-owned business with a focus on the international expansion of the leading brand of children’s clothing

La Varenne

Corporate carve-out, turnaround and buy & build of a chain of restaurants in Luxembourg

Brilliant Classics

Carve-out and turnaround of a leading classical music label