Case Study: Van Riet

Baird Advises Van Riet on Sale to Material Handling Systems, Inc.

Baird recently advised Van Riet, a portfolio company of Avedon Capital Partners, on its sale to Material Handling Systems, Inc., a portfolio company of Thomas H. Lee Partners, L.P.

Van Riet is a leading global, fast-growing system integrator and equipment supplier. The company strives to improve its customers’ global competitiveness by designing, integrating, installing and maintaining automated sorting solutions with a focus on the high-growth end markets of courier, express and parcel services, e-commerce, and warehouse and distribution. Van Riet is headquartered in Houten, the Netherlands, and has additional locations in the United States, the United Kingdom, China and Poland.

Baird’s thorough preparation and hands-on process management generated significant interest from strategic and financial partners, resulting in a highly competitive deal process.

Transaction Highlights

  • Baird worked closely with Van Riet to develop a detailed business plan prior to holding early meetings with interested strategic and financial parties
  • Positioned Van Riet as a must-have intralogistics platform for the European and U.S. markets by highlighting the company’s unparalleled, scalable software-enabled business model and differentiated sortation technology
  • Deal signed within one week of Updated Offers
  • Premium outcome for Avedon

While all clients’ situations are different and experiences may differ, Baird’s Global Industrial Investment Banking team has the experience and expertise to meet clients’ needs.

Baird’s Global Investment Banking Team

Contact Baird to discuss this deal, current market dynamics and their implications for your business.

The transaction listed above was selected for its relevance to our Global Industrial experience and does not represent all Baird transactions. View a full list of transactions.