Dutch/German financial advisory firm torq.partners adds Jitse Rupp and Bas Scheele as equity partners

Netherlands and Germany-based torq.partners, a remote-first financial advisory firm for fast-growing companies, announced that Jitse Rupp and Bas Scheele have joined as equity partners in May and July, respectively.

This strategic expansion aims to bolster the firm’s capabilities in the Netherlands and enhance its service offerings. 

torq.partners originally focused on providing advisory and part-time finance support to startups and scale-ups lacking a full finance team. 

With the addition of Rupp and Scheele, the firm now also offers corporate finance services, broadening its scope to include mergers and acquisitions advice for founders and investors.

Rupp and Scheele’s roles at torq.partners

Jitse Rupp joins torq.partners as an equity partner, focusing on his role as fractional CFO. His responsibilities include arranging bank and alternative financing, as well as financial restructuring for organisations. 

With a background at Deloitte and Danone, Jitse has extensive experience, having served as CFO & COO at various startups and scale-ups.

Rupp says, “I look forward to taking torq.partners to the next level with my knowledge and experience. It is my personal passion to support founders as best as possible in every growth phase of their company.”

“This ranges from advising on the latest systems to efficiently set up their finance operations to offering alternative financing forms suitable for the dynamics of a fast-growing company. With our expertise, we aim to help founders in making the optimal financial decisions.”

Bas Scheele, also a new equity partner at torq.partners, will focus on transaction support. His expertise lies in raising growth capital and providing advice on the acquisition and sale of companies.

Bas brings a track record from his previous roles as an M&A advisor at Boer & Croon and Deloitte, as well as his involvement in corporate M&A and venturing at Bridgestone.

Scheele says, “Our ambition is to become the default option in providing financial strategic advice for fast-growing companies at every stage, from the early funding rounds up to exit. The companies we see on a daily basis and the developments through which they disrupt and innovate existing industries are crucial to our economy.”

“With torq.partners, we want to provide them with honest, all-round, and high-quality advice to innovate even faster. I am thrilled to be able to contribute to this.”

International growth ambitions

torq.partners, a financial advisory firm founded in 2020, specialises in advising fast-growing companies, currently employing around 100 full-time employees.

Initially established in Germany, the firm expanded its operations to the Netherlands in 2022, where it currently operates with three partners and four employees.

With a focus on growth, torq.partners aims to expand its Benelux branch to a team of 20 employees in the near future. This expansion is part of the firm’s strategy to support its international ambitions and enhance its presence in the advisory sector for fast-growing enterprises.

Yori May, Managing Partner Benelux at torq.partners, says, “With the arrival of Jitse and Bas, we bring two heavyweights on board in strategic and visionary terms. With them, I am confident that we can realise our ambition to become a full-service financial advisory firm within a short time frame.”

“This will further cement our unique positioning in the market, offering both financial support and corporate finance advice. With our full focus on startups and scaleups, we make qualitative financial advice accessible to all innovative Dutch companies.”

Brief about torq.partners

torq.partners is a financial advisory firm headquartered in the Netherlands and Germany. Specialising in fast-growing companies, the firm has supported over 500 businesses and employs a workforce of over 100 employees. 

It provides clients with access to a wide network of investors, the latest software solutions, and best practices aimed at facilitating further scalability for their businesses.