CMS has advised Nautic Partners, LLC on its acquisition of Endries International Europe B.V. The acquisition forms part of a global deal on which Locke Lord advised the client.
Endries is a leading distributor of fasteners and related production components, serving industrial original equipment manufacturers worldwide. Headquartered in Brillion, WI and eight U.S. and with international distribution centres, Endries generates sales in excess of USD 250 million.
Nautic is a middle-market private equity firm that focuses on three industries: healthcare, industrial products, and outsourced services. Nautic has completed over 125 platform transactions throughout its 30-year history.
Completion of the transaction is expected to take place in June/July 2017. The CMS team led by Martika Jonk and Christian Delgado further comprised Fleur van Assendelft de Coningh, Barbara Veldmaat, Paulus van den Bos, Rogier de Very, Erik Jonkman and Marlene Veenman.