Crescent Capital Group LP, a leading alternative credit investment firm, announced that its European Specialty Lending strategy has provided financing to support Equistone Partners Europe’s acquisition of a majority stake in BUKO Infrasupport and BUKO Waakt (“BUKO”), leading providers of outsourced traffic and safety management solutions in the Netherlands. Terms of the transaction were not disclosed.
“With this financing from Crescent, the partnership between Equistone and BUKO will be able to further support the company’s growth and geographic footprint as it capitalizes on strong market dynamics driven by investments in digital and energy transition-related infrastructure and road maintenance”
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BUKO Infrasupport specializes in offering end-to-end outsourced temporary traffic management solutions primarily serving contractors and public authorities active in utility-related and urban/rural roadworks. The company offers a comprehensive portfolio of services – from design, planning, approval, deployment and collection, as well as onsite management of road signage and safety equipment required for roadworks. BUKO Waakt provides temporary remote security solutions with a focus on camera surveillance, intrusion detection systems and access control systems, which are used principally on construction sites of residential and public buildings. Combined, the two business units have delivered several thousand projects each year and established long-standing and trusted relationships with its customer base. With a current employee count of more than 350 people and an annual turnover of c. €70 million, BUKO has grown to become one of the largest providers of tailor-made traffic and safety solutions in the Netherlands.
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“With this financing from Crescent, the partnership between Equistone and BUKO will be able to further support the company’s growth and geographic footprint as it capitalizes on strong market dynamics driven by investments in digital and energy transition-related infrastructure and road maintenance,” said Christine Vanden Beukel, Managing Director and head of Crescent’s European Specialty Lending strategy. “Crescent is pleased to be able to provide the flexible capital solutions needed by leading European private equity sponsors like Equistone and high-growth, proven companies like BUKO.”
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