Gilde Buy Out Partners has sold TMC to Ergon Capital Partners
Lincoln International acted as the exclusive financial advisor to Gilde Buy Out Partners, the founding shareholders and TMC’s management. Lincoln orchestrated a structured auction process, focused on finding the best possible partner to support TMC in its next growth phase. With the participation of Ergon Capital Partners, TMC found an ideal partner to further strengthen and accelerate its international growth ambitions.
Headquartered in Eindhoven, the Netherlands, TMC is a specialist international provider of technology and R&D expertise for high-tech clients’ core R&D processes. TMC is a market challenger disrupting the sizeable technology and R&D consulting market through its unique “employeneurship” business model, which puts talent first and stimulates entrepreneurship throughout the organization. In the past few years, TMC has successfully rolled out its unique business model to seven countries in Europe and North America. TMC’s ~1,000 professionals span all experience levels and are assigned to core R&D roles. TMC has a diversified base of blue chip high-tech clients that continuously have large, complex and recurring R&D demands.
The sale of TMC underlines Lincoln International’s global track record in successfully selling human capital businesses, including the sale of Eiffel (Dutch provider of integrated consulting & project delivery, outsourcing and interim professional services in legal, finance and process) to Gilde Equity Management, the sale of Sitec (U.K. outsourced engineering services and technical recruitment) to Belcan and the sale of Myler (Dutch IT search and managed service provider platform) to HeadFirst Source Group. The transaction also illustrates Lincoln’s momentum in Belgium.
Martijn Koops, Managing Director at Lincoln International commented, “We are proud to have advised TMC and its shareholders in securing the best possible partner to back the company’s exciting next growth phase. We continue to see strong international demand for high quality human capital businesses which have a differentiated story towards clients and talent and can offer multiple avenues for growth.”
Terms of the agreement were not disclosed.
Lincoln’s human capital expertise and hands-on approach were key to achieving a successful transaction.
Meet our Senior Team
View More Transactions
Lincoln is pleased to announce that Brown & Joseph, a portfolio company of LaSalle Capital, has been sold to Incline Equity Partners
Lincoln International is pleased to announce the successful sale of Webtrekk, a portfolio company of Deutsche Private Equity, to Mapp, a portfolio company of Marlin Equity Partners
Lincoln acted as the exclusive financial advisor to Focusrite plc during the acquisition process, working closely with the Board of Directors
Lincoln International is pleased to announce that Audioprof Group International, a 3d investors portfolio company, has been sold to Biamp Systems, a portfolio company of Highlander Partner