May 2017: Tinsa, the leading real estate valuation and assessment group in Spain and Latin America, has acquired Troostwijk Groep, a Dutch business specialized in valuations activities for insurance purposes.

Founded in 1954, Troostwijk Groep is the leading valuation company in the Netherlands. It performs insurance valuations, loss assessment, real estate advice and art valuations. With over 150 employees, it registered c. €20m revenues in 2016.

The transaction is the first cross-border acquisition completed by Tinsa since Cinven’s majority shareholding back in mid-2016. It will provide Troostwijk Groep with a strong base for further growth in the Dutch market as well as international expansion opportunities.

SOCIOS acted as financial advisor to Tinsa on the origination, execution and negotiation the acquisition.