4 May 2023
De Brauw advised Triton Partners on the sale of Unica to Triton IV Continuation Fund
De Brauw advised Triton Partners on the sale of Unica (alongside three other portfolio companies) to a newly-formed vehicle, Triton IV Continuation Fund, which closed at €1.63 billion following a competitive auction process. Unica is a leading independent provider of technical services in the Netherlands, focused on end-to-end, sustainable solutions for utility buildings and industry. Unica is set to continue its growth journey through operational excellence and new add-on acquisitions via its proven M&A playbook. The business is further supported by market tailwinds in smart building and energy efficiency. De Brauw worked alongside Kirkland & Ellis, Thomessen and Linklaters to advise Triton on this complex multi asset fund to fund transaction, which provided Triton IV investors with a return of 3.7x on the combined invested capital, or the option to roll into the new vehicle to participate in the Portfolio Companies’ future growth.
Team
Henk van Ravenhorst
Partner
Constantijn Voogt
Partner
Peter Nolten
Counsel
Jesse Maas
Senior Associate
Charlot van Mil
Senior Associate
Bram Pruyn
Associate
Maarten Jorissen
Associate
Lennard Keijzer
Partner
Ferdinand Hengst
Partner
Ryanne Elkerbout-Kok
Senior Associate
Thomas Ticheloven
Senior Associate