Fountain

Belgium SC Fund I Dec 1997
Leading European provider of hot drink dispensers and consumables
Facts
Company Name:Fountain
Location:Belgium
Sector:Food dist. service
Sales:€ 39m
Homepage:
Date of investment:December 1997
Date of exit:December 2013
Deal Type:LBO, Buy & Build
Syntegra Role:Lead investor

business description

  • Leading European provider of hot drink dispensers and consumables to small companies
  • The products are dispensed using proprietary packaging and represent a significant source of recurrent income. With a large proportion of sales generated through indirect distribution channels the company has low overheads and highly predictable margins

transaction strategy

  • With its strong and predictable cash flows, Fountain provided a good platform for further expansion while gaining gradual control of its distribution,
    • Opportunity to enhance management team in areas of marketing and sales
    • In securing distribution, Fountain would become a key access point to mid-size companies for larger group servicing those customers (water, hot drinks etc.)