VDS

Head office:
Utrecht

(The Netherlands)

Head office:
Utrecht

Investment date:
Mei 2019

Investment date:
Mei 2019

D. van der Steen (VDS) is a service provider of asphalt maintenance services for municipalities and provinces throughout the Netherlands. VDS currently maintains the road network in approx. 50 municipalities and provinces on a long-term contract basis. Through the deployment of (partially) electrified equipment and recycled raw materials VDS contributes to the lifecycle extension of the Dutch road network.

Exit:

In 2024, VDS was sold to IceLake Capital.

Foreman’s value-add:

Under Foreman’s ownership, a successful transition to a new management team was achieved. During our investment period, the foundation was laid for expanding VDS’s footprint, including strengthening its service provider proposition, professionalizing commercial processes, and expanding capacity.

website:

en_GB