Northleaf Capital Partners, a global investment firm specializing in private markets, recently announced a significant transaction. Funds managed by Northleaf have provided a senior secured credit facility to de Jong & Laan, or dJ&L, a prominent Audit and Accounting firm based in the Netherlands.
This strategic investment is designed to accelerate the expansion of dJ&L, a portfolio company of Waterland Private Equity Investments B.V. The funding will support dJ&L’s continued growth, both by strengthening its internal operations and enabling further strategic acquisitions.
De Jong & Laan, which was founded in Vroomshoop, Netherlands, has achieved remarkable growth over the years, solidifying its position as one of the top ten Audit and Accounting firms across Northwestern Europe. The company offers a comprehensive suite of services that extends beyond traditional accounting, auditing, and assurance. They cater to a diverse client base of over 10,000 businesses, primarily small to medium-sized enterprises spanning a wide array of economic sectors.
Along with their core offerings, dJ&L provides high-quality, specialized advisory services. These include expert guidance in areas such as corporate finance, human resources management, information technology, payroll administration, and tax planning. This broad range of services underscores dJ&L’s commitment to being a holistic partner for its clients’ financial and operational success.
KEY QUOTES:
“This financing represents the continued expansion of our private credit business in the Netherlands and our partnership with Waterland Private Equity Investments, as we support dJ&L in executing its growth strategy. For Northleaf, this transaction demonstrates our ability to meet the increasing demand for flexible private credit solutions in Europe’s financial services community, while providing our investors with the opportunity to earn consistent, strong risk-adjusted returns.”
Alex Jackson, Managing Director at Northleaf
“We are excited to welcome Northleaf as a value-added partner who understands our long-term growth plans as we continue to optimize our services and unlock new growth opportunities that support our customers’ evolving needs.”
Jurgen van Breukelen, CEO of de Jong & Laan