Amsterdam-based Dealsuite, an M&A platform for dealmakers, announced on Monday, April 3, that it has raised nearly €3.5M in growth funding from publicly listed investment firm Value8.
With this investment, Value8 has acquired a 31 per cent stake in Dealsuite BV.
Peter Paul de Vries, Chairman at Value8, says, “We have expressed our interest in Dealsuite multiple times in recent years. We are impressed by the team and growth dynamics of this fine fintech company. We are keen to support and guide Dealsuite into its next growth phase.”
Value8 assists small-cap businesses in reaching their goals for development. The firm enables these businesses to list on the stock market while also providing venture money to finance their development.
Value8’s investments are made with the stated goal of making a good (direct or indirect) addition to societal and economic success.
Why choose Dealsuite?
Founded in 2017 by Floyd Plettenberg, Dealsuite is a secure online marketplace where M&A professionals can purchase, trade, and make real-time investments in businesses. It is offered as a plug-and-play SaaS solution.
The company says, “You can share your sell-side and buy-side opportunities between M&A advisory, private equity, family offices, corporate M&A managers, CEO’s, CFO’s and other M&A professionals. Relevance is guarded by our matching algorithm.”
The fintech company claims to dominate the European market for online matching in purchasing and selling SMEs. It has customers in over 45 nations, and sales and client success teams for the Netherlands, UK, Ireland, Germany, Austria, Switzerland, Belgium, France, Spain, and the Nordics.
According to Dealsuite, over 1,400 M&A advisory, strategic buyers, and investment firms, including seven of the top 10 international accountancy firms, are its clients. Clients also include BDO and Grant Thornton.
Currently, the Amsterdam-based firm lists over 1,200 businesses, with transactions varying from minority to majority to 100 per cent sale.
Dealsuite has reported that it generated a revenue of about €2M in 2022, an increase of more than 50 per cent from 2021.
Capital utilisation
Floyd Plettenberg, says, “Dealsuite has strong ambitions to accelerate its international growth. We welcome a professional investor who has extensive experience in transactions in the SME segment. In addition, Value8’s long-term focus and unlimited investment horizon match well with our direction.”
Dealsuite says it has invested in the company’s development for many years, focusing on three growth directions: adding new regional markets, enhancing its software solutions, and increasing its service offering.
In the upcoming years, the company anticipates that this growth will continue.
