I truly value my long-term relationship with IRIS CF. When issues arise, the response is immediate and outstanding. IRIS CF always remains focused on my interests, and will not hesitate to tell me when they think I shouldn’t enter into a certain transaction.
— Raymond Dubbeldam, Owner/MD Dubbeldam Group
IRIS CF acted as M&A advisor to Dubbeldam Group in the process of acquiring 100% of the business of TSN-Carmar.
About Connexxion / TSN-Carmar
TSN-Carmar was the fully owned repair business subsidiary of public transport company Connexxion. The company serviced a large part of the Dutch repair volume for Connexxion-owned vehicles. In addition to repairing city buses, TSN Carmar is arenowned specialist for repair of commercial trucks, heavy operating equipment and (bulk) trailers.
About Dubbeldam Group
Dubbeldam Group is a medium sized and successful industrial holding with a wide range of activities. Its main activities are cabin construction (Metagro), car damage repair and repair of trucks and buses.