Livingstone has advised the Biltz Group on the acquisition of IJbouw

Livingstone is pleased to announce the firm’s Benelux team has acted as M&A advisor on the acquisition of Biltz Group to IJbouw. Transaction terms were not disclosed.

 IJbouw, a specialist in non-residential and civil construction and in making real estate more sustainable, has joined industry peer Biltz.

By joining forces, both Amsterdam-based companies can now more effectively respond to the increasingly complex and large issues and demands of clients. With this partnership, the companies strengthen their position in market areas such as construction, property maintenance, and sustainability.

Until now, the Biltz Group consisted of three companies: Biltz (established in 2012), Mouton (joined in 2019), and TBK (joined in 2021). Biltz Group is a leader in the greater Amsterdam region in the fields of sustainable renovations, maintenance of residential and non-residential buildings, and installation technology. IJbouw is the fourth company to join the group and will continue to operate independently under its own name.

In December 2021, Nordian Capital invested in Biltz. With this investment, Nordian Capital is building a national group active in several segments, including construction, property maintenance, and sustainability.

The transaction was signed in December 2022.

“This partnership offers new opportunities and new development opportunities, not only for the company as a whole, but also for our people”, said Michiel Hilligehekken, Biltz board member.

“In Biltz, we have found the perfect partner, because they offer an addition to our specialisms”, said Martin Eman, board member of IJbouw.