Torqx Capital Partners announces the sale of THB Verhoef to Novidam Capital Partners

Torqx Capital Partners (“Torqx”) is pleased to announce the successful exit of its investment in THB Verhoef (“THB” or “the Company”) through a sale to Novidam Capital Partners (“Novidam”), an American-Dutch private equity firm.

Founded in 1981 and headquartered in Zwijndrecht, The Netherlands, THB is a leading distributor of premium European-made components for medium-speed marine engines. The Company serves various industries, including marine and energy, and is renowned for its high-quality parts and exceptional customer service. THB collaborates with esteemed European Original Equipment Suppliers and is dedicated to fast deliveries, quality assurance, and continuous improvement. In recent years, THB has achieved substantial growth by expanding its service portfolio, strengthening customer relationships, and enhancing operational capabilities.

Adriaan Verhoef, CEO of THB, stated: “This marks an exciting new chapter for THB. We are grateful for the partnership and support provided by Torqx, which has been instrumental in helping us grow and evolve as a business. We look forward to collaborating with Novidam to build on our strong foundation and achieve our ambitious growth objectives.”

Lennert Spek, Managing Partner at Torqx, commented: “It has been a privilege to work with the talented team at THB. Over the past few years, the Company has made remarkable progress, and we are proud to have supported them on their journey. We have every confidence in THB’s continued success under Novidam’s ownership and look forward to following their achievements in the years ahead.”

Torqx was advised on this transaction by PwC, with Loyens & Loeff serving as legal advisor and PwC providing financial and tax vendor due diligence.