Ardian has refinanced Deli Home

Deli Home

Deli Home is a value-add supplier of timber-based building materials, interior decoration and doors for the home improvement market, holding market-leading positions in the Netherlands, Belgium, France, Germany and Iberia. Headquartered in Gorinchem, the Netherlands, Deli Home is well diversified across sales channels and a trusted innovation partner for its customers, maintaining strong, long-term relationships with clients such as DIY retailers, builders’ merchants, contractors and online vendors. Through reputable brands like CanDo, Skantrae, Weekamp, Lundia and Bruynzeel the Deli Home products are well known by professionals and consumers. Via its fully integrated digital configuration platform, Deli Home facilitates made-to-measure solutions for its consumers. In addition, Deli Home uses only FSC certified wood and sustainability is a core pillar of its strategy.

Since Ardian’s entry in 2021, Deli Home successfully completed five add-on acquisitions, underlining its positioning as a consolidator in the European home improvement market with a proven ability to integrate acquisitions and leverage production and distribution know-how.

The Deal

After running a refinancing process and generating strong interest, Lincoln International was able to almost double the pool of lenders while securing additional liquidity to support Deli Home’s international buy-and-build strategy.

Our Perspective

Deli Home is an industry leader that is (i) on the forefront of digitalization and (ii) an ESG leader who made sustainable wood the core of its strategy. On the back of its well-executed growth strategy across Europe combined with strong diversification across geographies, sales channels and product groups, it soon became clear that the credit attracted great interest from European lenders. Lincoln’s Capital Advisory team was able to convert this great interest into a future-proof financing structure, allowing the company to grow further.

Ardian

In a world of constant evolution, Ardian stands out for its ability to anticipate, adapt and turn challenges into opportunities. As a global, diversified private markets firm with 22 offices and more than 350 investment professionals worldwide, Ardian provides investment and customized solutions that reflect new economic dynamics and helps its clients remain resilient in a changing world.

Ardian delivers multi-local expertise and long-term performance for its investors and partners as well as shared value for the broader society. Since Ardian’s inception in 1996, its pioneering approach to diversification and its ability to offer tailor-made solutions at scale have remained the heart of Ardian’s strategy.

Through commitment, knowledge and technology, Ardian brings lasting value to its companies and contributes positively to the whole industry.

Ardian currently manages or advises $196 billion for more than 1,890 clients worldwide across Private Equity, Real Assets, and Credit.

Share: