HC Partners takes a strategic interest in WFD - West-Friesland Dakbedekkingen

Seller:	WFD - West-Friesland Dakbedekkingen
Buyer:	HC Partners
Advisory sell side:	Strategy& \| Commercial Due Diligence Oaklins \| Debt Advisory RSM \| Financial Due Diligence Lexence \| Legal Advisory Stek \| Legal Advisory Schut van de Ven \| Legal Advisory	Advisory buy side:	Rembrandt M&A \| M&A Advisory DeBreij \| Legal Advisory Corporate M&A VanLoman \| Legal & Tax Advisory
Date announced:	25-03-2025

Private equity firm HC Partners has acquired a strategic interest in West-Friesland Dakbedekkingen (WFD), a leading regional roofing specialist in the Netherlands. Founder Edwin Manshanden and WFD’s management team will retain stakes in the company. Together with HC Partners, they will execute a buy-and-build strategy to scale the business nationally.

Building a Scalable Roofing Platform

The transaction marks HC Partners’ first step into the roofing industry, which the firm sees as a fragmented and fast-growing sector ripe for consolidation. The newly formed partnership will focus on acquiring and integrating strong regional players to build a national platform — all while maintaining local entrepreneurship and culture.

“WFD is the ideal starting point for our strategy. The roofing market offers significant potential to create value through consolidation, and we are excited to support WFD’s next growth phase,” said Tijmen Hoes, Investment Director at HC Partners. “By combining strong local companies, we aim to accelerate scale, efficiency, and innovation across the industry.”

Transaction Details

HC Partners takes a minority stake in WFD, alongside founder Edwin Manshanden and the management team
WFD remains operationally independent with national expansion ambitions
Buy-and-build strategy to roll up high-quality regional roofing companies under a shared platform

About West-Friesland Dakbedekkingen (WFD)

Founded in 2008, WFD is a trusted name in the Dutch roofing industry, with a strong presence in North Holland. The company serves both residential and commercial clients, known for its high standards in execution, safety, and sustainability.

About HC Partners

HC Partners is a Netherlands-based private equity firm focused on partnering with entrepreneurs to accelerate growth through strategic investment and operational support. The firm targets scalable sectors with strong local players and a high degree of fragmentation.