03 Jun Dealsuite: an innovative new matching tool for SME financing
Amsterdam, May 2017 – The Netherlands’ largest acquisition platform, Brookz, recently announced the launch of Dealsuite, an innovative new online matching tool to offer accountants, corporate finance consultants, and financing specialists to all professional lending institutions in the country.
With upwards of 2,100 transactions successfully facilitated over its 10 year history, and more than 15,000 entrepreneurs, investors, and advisors currently registered and counting, Brookz can safely be named the Netherlands’ leading acquisition platform. In addition to its database, which currently features nearly 1,200 active profiles, Brookz periodically publishes its own in-house magazine offering relevant knowledge and insight into the latest developments in industry news and research. Other regularly released publications include its Acquisition Barometer and Sector Monitor reports. Each year, the undisputed leader among Dutch acquisition platforms also helps to organise several important events, including the Netherlands’ annual Conference on Mergers & Acquisitions, or, in Dutch - Fusie & Overname Jaarcongres - as well as the Dutch National Acquisition Day, a.k.a Nationale Overname Dag.
Introducing Dealsuite
Now, the leading platform has announced the launch of its new initiative – Dealsuite, an innovative online matching tool that apparently enables accountants, corporate finance advisors, and funding specialists to access every professional lending institution in the Netherlands. In addition to the three biggest banks in the country – ABN AMRO, ING Bank, and Rabobank – Dealsuite is already able to offer access to more than 125 other financiers, including investment firms, credit unions, bond funds, mezzanine financing lenders, and factoring and leasing companies.
Financing applications
Dealsuite first found its beginnings two years ago as a private and secure matching platform for corporate acquisitions. Since its start, the platform has seen unprecedented success, and as of today, has helped to establish connections between more than 250 corporate finance offices and investment firms. Throughout the past six months, Brookz has been working in close collaboration with several experienced accountants and financial advisors on the development of this new tool, which enable advisors to – on behalf of their clients – expand access to a wide array of funding providers across the market ecosystem.
Transparent & efficient
The development of the new matching tool comes partly in response to the current call among advisors for better transparency and efficiency in the area of SME financing. Floyd Plettenberg, project leader of Brookz’ Dealsuite initiative, had this to say: “There is plenty of funding to be had within the market, however, as the amount of new financial parties entering the market continues to see steady increase, many advisors are finding that they’ve fallen behind. The Dutch market has long been in desperate need of a central industry body capable of providing access to a clear overview of all of the Netherlands’ available financiers. Now, with the launch of Dealsuite, this access has been realised. In addition, the innovative new matching tool incorporates the acceptance criteria of all financing providers, thus enabling simplified and expedited funding requests. This generally results in more bids, and ultimately to more, and better deals overall.”
Stacked financing
Dealsuite enables companies to find backing for practically any type of funding goal, for instance: growth, working capital, real estate, acquisitions, and refinancing possibilities. Moreover, Dealsuite allows clients to stack different forms of financing and to combine equity capital sources. To ensure confidentiality, Dealsuite has been developed in compliance with the latest, and strictest possible IT security standards. The new matching tool is built with so-called ‘Chinese Walls’ to help safeguard privacy between advisors.
Testing market potential
According to the press release distributed to announce its launch, the new Dealsuite tool is well equipped for quick, straightforward identification of any potential interest among financiers. Plettenberg: “When submitting a funding application, the name of the company in question is [initially] not required, and only a limited of questions need to be answered. This provides affiliated lenders with precisely enough information to assess whether they would like to make an offer. Negotiations between adviser and lenders can then begin, thus allowing the potential financing options and combinations to quickly be made apparent.”
To learn more, see the original press release [in Dutch] by clicking here.
