EUR 30m

December 2018

VAN 'T HEK

Refinancing

  • Van 't Hek Groep is a family owned all-round provider in the field of foundation techniques;
  • In August 2018 Avaxa was engaged by Van ‘t Hek to assist in refinancing its existing financing package with its longstanding incumbent bank Rabobank;
  • Avaxa performed financial modelling, benchmarked the existing terms & conditions to identify improvement potential for Van ‘t Hek, composed a Request for Amendments that was put forward to Rabobank, supported in negotiations and coordinated the entire process towards closing; and
  • Through the refinancing Van 't Hek further improved terms and conditions including enhanced operational and financial flexibility, allowing it to pursue its strategy of further growth.