AnaCap, a private equity company, has agreed to acquire a majority stake in DK Accountants & Adviseurs, a Dutch accountancy services provider. This deal marks AnaCap’s first investment in the Netherlands. DK is a full-service accountancy and advisory platform that offers accounting, tax, payroll, advisory, and audit services to small and medium enterprises (SMEs).
Established in 1989, the company has grown from a single office to 12 locations across the Netherlands. Since 2019, DK has independently completed eight acquisitions and integrated them with substantial IT platform investments to enable scalability. With the acquisition by AnaCap, DK aims to bolster its market position, consolidate the fragmented Dutch accountancy market, and sustain above-market organic growth.
AnaCap acquires majority stake in DK
The company’s management team, led by founder and CEO Alber De Koning, will remain in place. De Koning said, “We are excited to partner with AnaCap, whose strategic vision and operational expertise align perfectly with our growth ambitions.
This partnership will provide us with the resources and support to further strengthen our market position and deliver exceptional value to our client base.
AnaCap’s investment will assist the DK leadership team accelerate its merger and acquisition activities, backed by AnaCap’s experience in buy-and-build strategies across Europe’s financial sector. The partnership will also improve operational efficiency, expand services, and boost client value through technology and innovation. AnaCap managing partner Nassim Cherchali commented, “We are thrilled to announce the signing of this majority investment into DK.
DK presents an appealing opportunity to invest in a fast-growing market with a significant runway for future M&A activity. DK closely aligns with AnaCap’s core investment philosophy, featuring an impressive and highly recurring revenue profile, strong client loyalty, and a clear roadmap to margin expansion through both scale and productivity gains over time.
