Castik Capital acquires Customs Support - customs service provider
Amsterdam, The Netherlands – Castik Capital, a European Private Equity firm, has entered into an agreement to acquire Customs Support from Mentha Capital and Park Ventures. Oscar Driessen (Park Ventures) and the management team will make a (re)investment in the transaction alongside the EPIC II fund managed by Castik.
Customs Support is a leading independent customs broker providing clients with a full range of customs services. In addition to import clearance, export clearance, and transit documentation. Customs Support can also provide fiscal representation, VAT services, customs consultancy, and additional border services such as assistance with the application for various permits and degasification of containers.
The company has a strong reputation and stands for knowledge, speed, and efficient and digital customs solutions. With over 450 customs specialists, and a broad geographical coverage through more than 35 offices, Customs Support helps a wide range of clients with their European customs matters. The company is active in the Netherlands, Belgium, Germany, France, the UK, and Poland.
Customs Support has shown strong growth in the past few years both organically and by pursuing an active buy-&-build strategy, with 18 acquisitions completed in the past years. Castik Capital aims to continue this strategy and support Customs Support to become the leader in customs and border services in Europe.
Frank Weermeijer, CEO of Customs Support, commented: “We are excited to partner with Castik as we continue our international growth. Customs Support and Castik are fully committed to digitalize our services further and provide the most compliant and efficient customs services to our clients. Together we will accelerate on our strategy to be the leading European independent customs broker.”
Gijs Botman, Partner of Mentha Capital, commented: “Customs Support has grown from a Rotterdam-based business to become a leading independent customs broker in Northern Europe. After successfully completing and integrating 18 acquisitions and preparing for a digital future, the company is now ready for a new growth phase. We had a fantastic journey and are bit sad to go separate ways. We are however confident that Castik Capital is the right partner to support their ambitions going forward.”
About Castik Capital
Founded in 2014, Castik Capital focuses on identifying and developing investment opportunities across Europe. The investments are made by the Luxembourg based EPIC funds. The first fund, EPIC I, has a volume of €1 billion and was raised in 2014/2015. The second fund, EPIC II, had its final close in October 2020 and a volume of €1.25 billion. The Castik employees have extensive knowledge and experience in the Private Equity markets, with a team that has been actively investing in transactions for over 25 years. The advisor to Castik Capital is Castik Capital Partners GmbH, based in Munich. For further information, please visit https://www.castik.com/.
About Customs Support
Customs Support is the neutral and dynamic partner for customs matters in Europe. A fast-growing company that stands for knowledge, speed and efficient and digital customs solutions. Every day, more than 450 customs specialists are ready to take care of customs matters of a vast range of companies. With over 35 offices throughout Europe, the company can offer customers a broad geographical coverage. For more information, please visit https://customssupport.com/.
About Mentha Capital
Mentha Capital is a leading private equity firm in the lower end of the mid-market in the Benelux. It partners with established, mid-sized companies offering clear opportunities for accelerated growth (organic and through buy-&-build), global expansion and organizational transition. With over €450 million under management, Mentha Capital typically teams up with founders to realize ambitious growth plans. For further information, please visit https://menthacapital.com/.
About Park Ventures
Park Ventures is a Dutch Investment Firm. Park Ventures invests in minority and majority stakes in small and mid-sized companies. Often an active management role is offered to realize the intended strategy. In all investments we actively manage our environmental impact to realize among others a minimal CO2 emission. For further information, please visit https://parkventures.nl.