Resato International has been acquired through a buy-in management buy-out
Resato International has been acquired through a buy-in management buy-out.
Resato International, a high tech company active in high pressure and waterjet technology, has been acquired through a buy-in management buy-out (‘BIMBO’) supported by NOM and Private Plus Fund. Debt financing has been provided by Van Lanschot Bankiers.
Resato International (www.resato.com), founded in 1991 and located in Roden, the Netherlands, is one of the leading manufacturers in the field of high pressure technology, developing high pressure components and systems up to 14,000 bar, including waterjet cutting machines. 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. Resato products are distributed worldwide. Resato employs approximately 50 people.
NOM, an investment and development company for the Northern region in the Netherlands, invests in high potential companies. NOM provides 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 case of a management buy-out or buy-in.
PhiDelphi acted as advisor to the acquiring management team, advising both on the acquisition of Resato, as well as on arranging the equity and debt financing.