H2 Equity Partners acquires a majority position in Faber Holding

News

H2 Equity Partners acquires a majority position in Faber Holding

Feb 2021

H2 Equity Partners (“H2”) is pleased to announce that it has acquired Faber Holding. Faber Holding is active in the space of circuit boards, which provide the core to any electrical apparatus. Faber Holding provides services, such as, (co)development, prototyping, assembly of complex circuit boards and components and box-build services.

Management and H2 have developed an ambitious growth strategy for the upcoming years. H2 will provide support to management with the further professionalization of the company and implementing the growth strategy.

In this transaction, Douwe Hokwerda (Managing Director) rolls over as shareholder and continues to manage the company. Gerard Theijssen (Director) will sell his shares, but stays on board for further development of primarily Mechatronics Engineering 2.0.

Gert Jan van der Hoeven, Managing Partner of H2 Equity Partners:

“Faber Holding is well positioned for solid organic growth, based on its market position and strong value proposition. We look forward to work with Douwe and the Faber team”

Douwe Hokwerda, Managing Director of Faber Holding:

“With H2 on board we are prepared to further professionalize, improve and grow business, by investing in both staff and technology. Using knowledge and ambition of both H2 and Faber Holding will allow us to acquire a leading position in the Electronic Manufacturing Services (EMS) market.”

About Faber Holding
Faber Holding is active in the space of circuit boards, which provide the core to any electrical apparatus. The company provides services, such as, (co)development, prototyping, assembly of complex circuit boards and components and box-build services. The origins of the company date back to 1947. Faber Holding was acquired by two buy-in managers (Gerard Theijssen and Douwe Hokwerda) in 2009/2010. From then on they were able to grow Faber Holding on the basis of customers wins, due to high value add in the development phase in new, innovative products. Through their operating companies (Faber Electronics, The IOT Factory and Mechatronics Engineering 2.0), the company is able to provide an one stop solution for their customers. For more information, please visit: faber-electronics.nl.

About H2 Equity Partners
H2 Equity Partners, founded in 1991, is an independent investment firm. H2 focuses on medium sized companies that are uniquely positioned and provide significant growth potential. H2 offers these businesses a combination of capital and active management support to realize untapped potential. H2 has a robust, multi-sector track record in building stronger companies, with a sustainable competitive advantage and profitable growth. The investment by H2’s Amsterdam team are funded through its most recent fund, which was launched in July 2019. In this transaction, H2 was advised by Lexence (legal) and Deloitte (financial). Sellers were advised by AenF Partners (corporate finance) and Drijber & Partners (legal).