Seller: 5square
Target: Intersteel
Advisors seller: De Breij, Deloitte, Florin Finance, Oxeye
Buyer: Committed Capital
Advisors buyer: RSM, Venture Lawyers
Date announced: 2020-07-14

Story (from press release):
Committed Capital has taken a majority stake in Intersteel Group, a manufacturer of design door handles with matching window closures and accessories. The stake has been acquired from private equity firm 5square, located in Laren, and Peter van Leeuwen, third generation of the family business. The sellers were assisted by OXEYE Advisors during this sale.

Intersteel, founded in 1902 under the name Van Leeuwen, has grown into an authority in the Netherlands in the field of stylish and high-quality door and window fittings. The family business, with almost 60 employees, designs and manufactures under its own management. Design, safety and technology are important core values within the organisation.

Under the leadership of Ronald Taling and in cooperation with 5square, Intersteel has achieved its growth in recent years by implementing an omni-channel strategy and expanding its product range.
In the coming years, the focus will be on the continuation of the initiated course, the further professionalization of the organization and international expansion.

Link source: https://committedcapital.nl/en/intersteel-finds-new-partner-in-committed-capital-to-realise-further-growth-2/