Parcom invests in Barge Master

Led by CEO and founder Martijn Koppert, the company's management has invested alongside Parcom.

Historic backer Frans van Seumeren, who invested in Barge Master in 2010, has also rolled over part of his existing stake to stay involved in the business.

According to Dutch daily Het Financieele Dagblad, Parcom has paid €20m for a 60% stake. Management hold a 25% shareholding, with van Seumeren owning the remainder.

The sale came about as van Seumeren no longer wished to remain the sole shareholder of Barge Masters due to the growth of his main investments, Roll-Dock and Roll-Lift.

Parcom has invested in the company through the holding Barge Master Holding.

Company
Founded in 2007 and headquartered in Capelle aan den IJssel, Barge Master is a provider of motion compensation platforms for the maritime and offshore construction industries.

The company's motion compensation platforms are designed to improve the safety of offshore operations and construction.

People
Martijn Koppert is the CEO of Barge Master. Piet-Hein de Jager is a partner at Parcom.

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• Topics
• Benelux
• Buyouts
• Industrials
• Netherlands