Client name
HAL Investments B.V. - purchaser
Other parties involved
DMF Investment Management B.V.
Nature of transaction
HAL invests in Dutch Mortgage Funding Company (DMFCO). DMFCO is active in the origination and management of Dutch mortgages under the label MUNT Hypotheken which are funded by Dutch pension funds. The revenues over 2016 amounted to € 21 million. The completion of the transaction is subject to the approval of the Dutch Authority for the Financial Markets (AFM).
Value of transaction
Undisclosed, more than EUR 5 million
Date deal was announced
7 July 2017
De Brauw involvement
Lead counsel to Hal Investments
Other advisors
- Pels Rijcken - Sellers' legal advisor
- Axeco - Sellers' financial advisor
- EY- Buyer's financial advisor
De Brauw lead partner
Klaas de Vries
De Brauw team
Klaas de Vries, Hanneke van Manen