Delen Private Bank Continues Dutch Expansion with Servatus Acquisition
Deal News | Apr 16, 2025 | Hogan Lovells
Delen Private Bank has acquired Servatus Vermogensmanagement as part of its ongoing strategy to expand within the Dutch wealth management sector. Since entering the Dutch market in 2016, this marks the bank's seventh acquisition in nine years. The transaction was advised by Hogan Lovells, with Danielle du Bois-Bun leading the team, supported by a comprehensive team in the Amsterdam and Brussels offices. This acquisition aligns with Delen's philosophy of personal contact, a long-term vision, and a sustainable approach, intending further refinement and growth in its service offerings. Servatus, based in 's-Hertogenbosch, specializes in wealth management for affluent families and has shown robust growth since its establishment, recognized by multiple business awards.
Sectors
- Asset Management
- Legal Advisory
Geography
- Netherlands – The acquisition of Servatus Vermogensmanagement by Delen Private Bank is set in the Netherlands, where Delen is expanding its footprint.
- Belgium – Delen Private Bank is based in Belgium, and Hogan Lovells coordinated from its Brussels office.
Industry
- Asset Management – Both Delen Private Bank and Servatus Vermogensmanagement operate in the asset management sector, focusing on wealth management and financial planning for affluent clients.
- Legal Advisory – Hogan Lovells, a law firm, advised Delen Private Bank on the acquisition, highlighting the importance of legal advisory in M&A transactions.
Financials
- 66.9 billion euros – Assets under management by Delen Group as of 31 December 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Delen Private Bank | Buyer | Company | A bank specializing in discretionary wealth management and estate planning, expanding its presence in the Netherlands. |
| Servatus Vermogensmanagement | Target Company | Company | A Dutch wealth management firm serving wealthy families, known for its tailored approach and rapid growth. |
| Hogan Lovells | Legal Advisor | Company | A law firm providing legal services for the acquisition, leveraging expertise in M&A and financial regulations. |
| Danielle du Bois-Bun | Lead Partner for Transaction | Person | Partner at Hogan Lovells leading the transaction advising Delen Private Bank. |