MKB Fonds invests in Dutch delivery scooter market leader Lease Express

Client

Lease Express is the number one delivery scooter leasing company mainly for the catering sector. Everyone in the Netherlands who has ever had a meal delivered at home will recognise them: the white delivery scooters of Lease Express. With its fleet of 1,200 delivery scooters and 40 employees (primarily mechanics), Lease Express is the unchallenged market leader in the food and mail delivery industry in The Netherlands. For a fixed weekly rate, companies can lease a delivery scooter, electric as well as fuel-powered. The lease rate includes insurance, maintenance and repair. Due to its unique rotation system, the high technical standard of the scooters and its excellent service, Lease Express’ concept acquired a unique position. The lean-and-mean business model is highly scalable and offers many opportunities.

Objective

Lease Express’ ambition is to further expand its concept both nationally and internationally. In addition to increasing the number of scooters in the catering sector, there are abundant growth opportunities in other sectors. Especially in the mail delivery sector, demand is increasing exponentially. Approximately 70 Lease Express scooters are now in use in this sector.

Marktlink’s role

On behalf of Henry de Vreede Marktlink Mergers & Acquisitions supported the transaction, from the assessment of the company and negotiations up to the transfer of the notarial deed. Tom Beltman of Marktlink: “Henry has built up a unique business, based on one principle: a flawless process for the client. This is going so well that they simply cannot meet the demand. I do not see that very often. With the financial and operational backing of MKB Fonds, growth opportunities and ambitions can now be fully pursued.”

Results

“Thanks to MKB Fonds’ participation we can dispose of the ‘drogue parachute’ that inhibited the growth of our business in de past few years”, Henry de Vreede says.

Quote

Henry de Vreede: “The appropriate advice and support of Marktlink during the process and the search for a suitable candidate, contribute to a bright future for our company!”