Clearwater International advises the management of Resato International on the management buy-in together with NOM
Clearwater International has advised the management of Resato International, one of the leading manufacturers in the field of high pressure and waterjet technology, on its acquisition through a buy-in management buy-out (BIMBO), supported NOM, an investment and development company, and Private Plus Fund, a private equity fund. Debt financing for this transaction has been provided by Van Lanschot Bankiers.
Founded in 1991 and headquartered in Roden, Netherlands, Resato International has a workforce of approximately 50 employees and specialises in the development of high-pressure components and systems up to 14,000 bar, including waterjet cutting machines that are distributed worldwide. Waterjet cutting technology is one of the fastest growing major machine tool processes due to its versatility in applications, ease of operation, and cost price.
NOM, an investment and development company for the northern region of the Netherlands, invests in high potential companies, providing venture capital to start-ups, growth capital, and buy-out capital.
Private Plus Fund, a private equity fund managed by Newion Investments Management, invests in small and medium-sized companies, mainly to accelerate growth, or in the case of management buy-outs or buy-ins.
Clearwater International acted as the adviser to the acquiring management team, advising on the acquisition of Resato, as well as on arranging equity and debt financing.