Gilde Buy Out Partners B.V.’s Acquisition Of Xindao


Clifford Chance has advised Funds advised by Gilde Buy Out Partners B.V. on the acquisition of functional business gift supplier Xindao.

The sellers are Perusa Partners Fund 2, L.P. (‘Perusa’), with management re-investing substantially. The terms of the agreement have not been disclosed.

Xindao, a leading supplier of functional business gifts, has been growing at double-digit growth rates for over a decade. Over the last several years, Xindao has transformed into a pan-European leader in the premium segment with an integrated supply chain and dedicated design team, enabling differentiated supply of products through various value-added services from in-house design and customization to quality control and fast-delivery. As the new owner Gilde intends to support the strategy that was formulated by the current management team, which is focused on further expanding Xindao’s leading position with high product quality, unique designs and superior service offering.

Gilde Buy Out Partners B.V. operates as a private equity firm. The Company invest in information and communication technology, production, industrial, food, and beverage companies.

A cross-border team including outside counsel was led by Hans Beerlage (Picture), Evert van der Kaa, Katja Busuladzic and Luc van Oosterhout from Amsterdam, and furthermore consisted of Folko de Vries and Jeroen Kolthof (Finance), Mark Jan Arends, Leen Kranenburg and Serkan Ozel, (Notary), Michiel Sunderman and Stern Flik (Tax) and Celine Vermeulen (Antitrust) in Amsterdam, Nadia Badea, Ecatarine Burlacu and Octavian Marcu (Corporate) in Bucharest and Maria-Franziska Röntsch (Corporate) in Frankfurt.

Involved fees earner: Mark Jan Arends – Clifford Chance; Nadia Badea – Clifford Chance; Hans Beerlage – Clifford Chance; Ecaterina Burlacu – Clifford Chance; Katja Busuladzic – Clifford Chance; Folko de Vries – Clifford Chance; Stern Flik – Clifford Chance; Leen Kranenburg – Clifford Chance; Octavian Marcu – Clifford Chance; Serkan Özel – Clifford Chance; Maria-Franziska Röntsch – Clifford Chance; Michiel Sunderman – Clifford Chance; Evert van der Kaa – Clifford Chance; Luc van Oosterhout – Clifford Chance; Celine Vermeulen – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Gilde Buy Out Partners;