Crowe Foederer attracts investment from to accelerate growth
Summary
Amsterdam Rivean Capital, a leading European mid-market private equity investor headquartered in the Netherlands, is pleased to announce completion of its investment in Crowe Foederer, a Dutch top-20 full-service audit & advisory firm and member of Crowe Global, one of the largest accounting networks worldwide. Crowe Foederer aims to be the partner of choice for larger SMEs and mid-market clients through its multidisciplinary services offering which includes audit & assurance, financial advisory, tax advisory, HR services, corporate finance and IT services.Ready for the next phase of growthCrowe Foederer doubled its revenues and employee base in the last 5 years, and with the support of Rivean Capital, the partners of Crowe Foederer aim to further accelerate growth both organically as well as through acquisitions. Rivean will assist Crowe Foederer in managing growth through its in-house value creation Portfolio Enhancement Program. With the support of Rivean we will continue to build our organizational structure and management power that will naturally drive growth.Tom Muizers, Senior Partner at Rivean Capital, commented: As strategic partner, Rivean Capital will support Crowe with expertise and further investments to realize its ambition to become a leading audit & advisory firm in the Netherlands by helping Crowe broaden its capabilities and expand its presence across the country.Rivean Capital is a leading European private equity investor in mid-market transactions with operations in the Benelux, DACH region, and Italy. Rivean Capital has assets under management in excess of 5bn and has offices in Amsterdam, Brussels, Frankfurt, Milan, and Zug.