Equistone Partners Europe, a private equity investor, has acquired a majority stake in Buko Infrasupport and Buko Waakt, two providers of outsourced traffic and safety management services in the Netherlands.
Buko Infrasupport is focused on offering outsourced temporary traffic management services. Buko Waakt provides temporary remote security services with a focus on camera surveillance, intrusion detection systems and access control systems, primarily on construction sites of residential and public buildings. The partnership with Equistone looks to focus on expanding Buko’s market presence in the Netherlands as well as expansion into neighboring countries. Equistone will partner with the current shareholder Scheybeeck Participaties and the wider management team, which will reinvest in the company as part of the transaction. Current CEO Robert Emmerich will continue to lead both companies going forward.
“Buko is already very well positioned – we want to build on this and further strengthen its service offering and market position in the Netherlands through organic growth,” comments Hubert van Wolfswinkel, partner at Equistone’s Amsterdam office.
BUKO was advised on the transaction by Lincoln International (M&A), Deloitte (financial, tax advisory), Strategy& (Commercial) and De Brauw Blackstone Westbroek (Legal).