Orangefield International growth through acquisitions

Profile

Orangefield is an independent provider of trust and BPO (Business Process Outsourcing) services. Orangefield provides, among others, administrative, legal, financial and management support for corporates, individuals and investment funds. Orangefield has offices in the Netherlands, Luxembourg, Germany, Curacao, Aruba, British Virgin Islands, Cyprus, France, United Kingdom, Hong Kong, the United States, Mauritius and Singapore.

www.vistra.com

13 add-on acquisitions

13 add-on acquisitions

6 new countries

6 new countries

150% sales and EBITDA growth

150% sales and EBITDA growth

Strategy

  • Management buy-out in partnership with strong enterprising management team
  • Attractive platform in a fast-consolidating market, characterised by the macro-trend of outsourcing low-frequency, mission critical administrative and legal services
  • Inherently attractive business model with high recurrent sales
  • Growth diversification via autonomous growth (new customers and offices) and 13 selective add-on acquisitions
  • Location expansion - Cyprus, Germany, China, the United States, the United Kingdom and Guernsey
  • Expansion of the services package - property fund administration, private equity administration, consulting services for doing business abroad
  • Further professionalise the organisation in risk & compliance procedures, integrated accounting in all jurisdictions and a structured commercial approach
  • Sold in 2015 to an industry leader with a strong Asian core that merged Orangefield in order to form a world player

"The company was ready for a new phase and together with AAC we started to do takeovers and to speed up our organic growth. On the day of the AAC deal we also did two takeovers, and we never stopped."

Joep Bruins, CEO Orangefield

Investment date

2011 - 2015

Deal type

Carve-out

Theme

Buy-and-build

Sales

€ 85 million

Employees

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