At a glance:
OptiGroup is a leading European distribution Group offering customised supply solutions to B2B customers. They have annual revenues of around EUR 1.3 billion and EBITDA in excess of EUR 100M.
OptiGroup companies specialise in providing customers, primarily within cleaning & facility management, hotel & restaurant, healthcare, manufacturing industries and the graphical sector, with products and services that streamline operations and promote a more successful business.
In a strategic move in 2022, the Dutch Hygos Group became part of OptiGroup. The challenge? Making sure that the shareholders of Hygos Group realized and secured a part of their shareholder value. We were tasked with buy-side and debt advisory to Hygos and its shareholders, expertly navigating through the sector roll-up comprising 6 acquisitions in H2 2021. We supported the shareholders of Hygos Group on the sell-side towards OptiGroup and FSN Capital.
Post the sales process, our commitment to OptiGroup’s vision remains strong. Acting as buy-side advisor, we facilitated acquisitions that would further strengthen their offerings. Daxtrio in 2022, Mediost, and the Facility Trade Group in 2023 were all integrated into OptiGroup’s expansive portfolio.
“Through Wave’s extensive network in M&A we could make a once-in-a-lifetime deal. A deal we had not seen possible before.” – Alex de Graaf, SVP OptiGroup Medical / former CEO & co-owner of Hygos Group.
