De Hek and Ruiter will spearhead DC Advisory’s Benelux coverage as part of DC Advisory’s continued rapid international expansion. De Hek and Ruiter bring with them over 20 years’ domestic and international M&A experience, having previously worked as Managing Directors at ING Corporate Finance. Ruiter's previous deal experience includes advising on Bergson’s public offer for Hunter Douglas, the sale of Signature Foods and Topicus, as well as the acquisition of Normec Group, Fabory, and Quintes, while De Hek advised on the public offer for ICT Group, the sale of Deli Home, Kusters, BCTN, UTI, Destiny, and the purchase of Yource.

DC Advisory’s Dutch office opening will accelerate the firm’s transaction momentum in the Benelux region, which has recently gained traction with deals such as BDR Thermea Group on its divestment of ECR International, Fremman Capital on its acquisition of VPS, Ergon on its sale of Keesing to BC Partners and AMP Capital on the sale of its stake in Alpha Trains. The Benelux team will work with DC Advisory’s global dedicated sector teams and existing clients to provide extensive local expertise.

DC Advisory is committed to becoming the leading international investment bank in the mid-market space. As DC Advisory’s 100% shareholder, Daiwa is thrilled to invest in this next foothold for the firm and the leadership talent of Robert and Paul. We recognise the opportunity to make a difference for our clients in the Benelux region, as well as for our international clients with a high-quality team based in the region.

Hiroki Ikeda
Global Head of M&A at Daiwa Securities

DC Advisory’s growing global platform and reputation has presented an exciting opportunity to build something distinct and entrepreneurial for our clients and marketplace. I’m looking forward to working with the growing global team of experts at DC to provide high-calibre advice to our clients.

Paul de Hek
Co-CEO, DC Advisory Benelux

The Benelux M&A market has significant growth potential and momentum. Connecting our truly global sector expertise with our local presence will help clients achieve the best results. I’m delighted to be part of the global DC Advisory platform and look forward to continuing to grow our Benelux offering.

Robert Ruiter
Co-CEO, DC Advisory Benelux

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This announcement follows the opening of DC Advisory Italy in September 2019, DC Advisory Spain in January 2019, and the acquisition of investment banks Sagent and Signal Hill in 2017, cementing DC Advisory’s North America and India presence, bringing the total number of international locations to 22, and a team of 600+ bankers.