Baker Tilly Leverages Inflexion's Investment for Growth
Deal News | Jan 24, 2025 | Consultance.eu
Baker Tilly, a major player in the Dutch accounting and consulting industry, is embarking on a new growth phase with the help of private equity firm Inflexion. The investment firm has acquired a 48% stake from Baker Tilly's 40 partners, who retain a majority 52% stake through a cooperative entity. This strategic partnership aims to accelerate Baker Tilly's growth through mergers and acquisitions, supplementing its previous organic growth strategy. The Dutch accountancy sector is seeing significant consolidation, prompting Baker Tilly to expand through M&A to maintain its market position. Inflexion's involvement is also to provide strategic support, capital, and expertise, ensuring Baker Tilly can pursue digitalisation and product innovation while maintaining its brand and service quality. This mirrors a similar private equity move by Baker Tilly's U.S. counterpart.
Sectors
- Accounting and Consulting
- Private Equity
- Mergers and Acquisitions
Geography
- Netherlands – Baker Tilly is a significant player in the Dutch accounting and consulting landscape, and the article's focus is on activities specific to this region.
- United Kingdom – Inflexion, a British private equity firm, is the key investor in Baker Tilly, highlighting cross-border investment activity between the UK and the Netherlands.
Industry
- Accounting and Consulting – Baker Tilly operates in the accounting and consulting sector, providing services to various business sectors including large mid-sized ventures and public organizations in the Netherlands.
- Private Equity – Inflexion's investment into Baker Tilly is indicative of the involvement and influence of private equity in corporate growth strategies, facilitating M&A activities.
- Mergers and Acquisitions – The article discusses Baker Tilly's strategy to incorporate M&A into their growth plans, aligning with industry trends of consolidation for maintaining competitive market positions.
Financials
- 48% – Ownership stake acquired by Inflexion in Baker Tilly.
- 52% – Ownership stake retained by Baker Tilly's partners through a cooperative entity.
- 150 million – Baker Tilly's revenue, indicating its size and market presence.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Baker Tilly | Target | Company | A large Dutch accounting and consulting firm seeking growth through M&A facilitated by private equity investment. |
| Inflexion | Bidding Company | Company | A British private equity investor acquiring a 48% stake in Baker Tilly to facilitate their growth strategy. |
| Ronald Hoeksel | Chief Executive of Baker Tilly | Person | CEO overseeing Baker Tilly's strategic growth and engagement with Inflexion. |
| Joke Hoekstra | Chair of the Supervisory Board of Baker Tilly | Person | Chairperson endorsing Inflexion as a strategic partner for growth. |
| Sander Ruijter | Leader of Inflexion in Benelux | Person | Inflexion representative emphasizing the strategic collaboration with Baker Tilly. |