Match Plan assisted Pacoma Systems shareholders in the sale of the company to TouchPoint Inc.
Pacoma Systems specializes in internal transport systems such as vertical lift systems and focuses on the medical, automotive and e-commerce sector. The company from Waalwijk was founded in 1995 and is able to design and realize a complete warehouse. The company interacts well with its customers and suppliers in the Benelux and Germany. This is partly because the company offers an extensive after-sales service and can therefore enter into long-term partnerships. Match Plan's advisers assisted Pacoma Systems shareholders in the sale of the business to TouchPoint Inc.
Description TouchPoint Inc. & Vanas Engineering
The American TouchPoint Inc. invests in organizations that represent long-term value in a niche market. Important in this respect is the growth potential that can take place thanks to sustainable and strategic investments. TouchPoint Inc. is active worldwide and also invests in various markets in Europe. This was also the case in 2016, when the Belgian Vanas Engineering was taken over. The Beveren-based company is active in warehouse design and Warehouse Management Systems (WMS) software. Due to the overlap in services, Vanas Engineering already had an intensive collaboration with Pacoma Systems.
Reason for acquisition
TouchPoint Inc. saw in Pacoma Systems a strategic fit with Vanas Engineering to realize further growth. As a result, TouchPoint Inc. emerged as an interested purchaser for Pacoma Systems. Due to the complexity and international character of the proposed transaction, Henk van Mook and Laurence Moreau needed an advisor who was familiar with such internationally oriented transfer processes. Because of this Pacoma Systems decided to engage Match Plan.
Role of Match Plan
First of all, an indicative valuation of Pacoma Systems was carried out and an information memorandum was drawn up. Subsequently, the Letter of Intent (LOI) was drawn up in which the purchase contract was broadly discussed and recorded. After signing the LOI, the Due Diligence investigation was carried out. Hereafter, TouchPoint Inc. delivered the first version of the Sales Purchase Agreement and followed several intensive negotiation sessions. Match Plan assisted the customer until the very last negotiations.