Background
- DC Advisory advised a Consortium comprising APG Asset Management (APG) and OMERS Infrastructure (OMERS) on the acquisition of Kenter
- Kenter is one of the Netherlands’ leading Energy Infrastructure as a Service companies, offering integrated energy solutions - metering services, EV charging and energy storage - to over 25,000 B2B customers, underpinned by long-term inflation linked contracts
Process
- DC Advisory was engaged by the Consortium to provide buy-side M&A and debt advice to support its acquisition of Kenter
- Ahead of the process, DC Advisory leveraged its extensive experience and deep sector knowledge to prepare the Consortium. During the process DC provided full buy-side M&A services and delivered a funds financing package
Outcome
- In June 2023, the Consortium entered into a definitive agreement to acquire Kenter
- This transaction meets the Consortium members’ ESG focus and commitment to investing in sustainability focused businesses
- This transaction further demonstrates DC Advisory’s expertise in the energy sector and strengthens the firm’s track record advising on transactions in the Netherlands
- This deal is subject to customary closing conditions
