Buy-out of Solvari by Vortex Capital Partners
Solvari aspires to become the leading marketplace in the Benelux for (sustainable) home improvement projects with a new investor on board.
Solvari helps consumers in finding and comparing professional service companies using Solvari’s online marketplaces solvari.nl and solvari.be. The service professionals linked to Solvari vary from specialists in solar panels and wall insulation to climate control and moist reduction. Every year Solvari enables 200.000 consumers to successfully match with a professional for their home improvement project. Over the past years Solvari has accumulated a portfolio consisting of over 10.000 home improvement specialists. Currently, Solvari’s team consists of 40 enthusiastic and qualified employees that help realizing the company’s goals.
Solvari allows local companies to focus on their trade and let Solvari take care of online marketing and sales. Consumers benefit from comparing quotes from trusted local companies before making a large investment. Central to the platform is convenience, reliability and an excellent service. The platform offers an online environment allowing consumers to track the status of their project and chat or call directly with companies. Moreover, reading and posting reviews of executed projects are additional features that Solvari offers to maintain transparency. Even in times of an overheated home improvement market Solvari’s platform adds value for both consumers and companies.
Solvari was founded by managing director Dennis van den Bos in 2009. He adds: “It’s our ambition to become the market leader in the Benelux within the next five years. To achieve this, we have developed a new strategy which focuses on further alignment of consumer demand and supply of local companies with a structured approach per product group. The new strategy will enable us to serve our customers better, from first contact all the way to final delivery.”
Coen Verver, co-owner and commercial director of Solvari, adds: “We are helping companies to become successful! Moreover, consumers are in need of fast, honest and reliable contact with companies. Our online platform is the solution to this problem. Hence, I’m looking to the future with great pleasure and confidence.”
Vortex Capital Partners is an investment fund focusing on fast-growing small and medium-sized companies. “Solvari is a valuable addition to our portfolio,” says Joost Moerland of Vortex Capital Partners. “We are supporting the ambitious management team with the further roll-out of their growth strategy, primarily organic but also complemented with acquisitions when relevant. The possibility to become the market leader in a market with significant online potential, is very attractive.”
Marktlink coordinated the acquisition between Solvari and Vortex Capital Partners. Both co-founder Nick de Korte and shareholder Lieve Vandaele have sold their shares and are no longer part of Solvari.