Global M&A and debt advisory firm Livingstone Partners has increased its presence in the Dutch market with the acquisition of local specialty retailer Florin Finance.
Livingstone Partners, headquartered in the United States, is an M&A and debt advisory firm focused on the middle market. The company employs more than 120 people in 11 offices around the world, including two in the United States, seven in Europe, and two in Asia.
With the acquisition of Florin Finance, Livingstone Partners has doubled its team in Amsterdam to approximately 20 people. The Dutch field office was established three years before his.
“This move strengthens our position as the leading independent M&A firm in middle market transactions in the Netherlands,” said Ralf Hegelgans, Managing Partner at Livingstone. “The arrival of the Florin Finance team will enable Livingstone Partners to further grow in the Benelux countries in the coming years, creating ample opportunities for both our clients and professionals.”
Florin Finance was founded in 2013. Over the years, the boutique has closed dozens of deals across sectors such as agriculture, professional services, industrials, technology, communications and retail, among others. The company has received numerous awards for its achievements, including being selected as a leading M&A consulting company in the Dutch market in 2023.
“Florin Finance is renowned for its high quality and practical M&A services. By sharing a culture of transactional excellence, we will be able to make a significant impact on the Benelux market,” said Niels, Partner at Livingstone Partners. Claren said.
The partnership will see nine staff transfers, with partners Remco Goes and Niels Roks becoming partners at Livingstone Partners, bringing the partnership to six people. Istvan Scheitei and Joris van de Kerkhove both joined the firm from PwC last year, following fellow transfers Niels Klaren and Mark Pell.
Livingstone Partners' Amsterdam team works with entrepreneurs, private equity firms, and corporations, focusing on six areas: Business Services, Consumer Goods, Healthcare, Industrials, Media, and Technology.
