German consultancy torq.partners expands partnership in Netherlands

09 July 2024 Consultancy.eu 2 min. read

German management consulting firm torq.partners has signalled its growth intent in the Dutch market with the hire of two new partners.

Appointed partners in May and July respectively, Jitse Rupp (46) and Bas Scheele (37) both bring a background in finance and Big Four consulting to torq.partners, a Berlin-headquartered consultancy specialised in helping startups and scaleups with scaling their business and operations.

With further offices in Frankfurt, Potsdam, Hamburg and Amsterdam, torq.partners provides services in areas including growth funding, finance, mergers & acquisitions, restructuring, and performance improvement.

German consultancy torq.partners expands partnership in Netherlands

FLtR: Jitse Rupp, Yori May and Bas Scheele

Since its founding in 2020, torq.partners has rapidly grown to a team of around 100 staff, with the Netherlands its first international foray (office launched in 2022).

With the hire of Rupp and Scheele, torq.partners now has three partners based in Amsterdam. The ambition is to double the current team to around 20 employees in the coming years.

“With the arrival of Jitse and Bas, we welcome two heavyweights. With them on board, I am confident that we can realise our ambition to become a full-service financial advisory firm within a short time frame. This will further cement our unique positioning in the market, offering both financial support and corporate finance advice fully dedicated to startups and scaleups,” said Yori May, Managing Partner Benelux at torq.partners and formerly at BDO and Startupbootcamp.

Jitse Rupp brings experience from Deloitte and Danone and has held management roles as CFO and COO at various startups and scaleups. He will focus on the finance offerings of torq.partners, including financial structuring and arranging bank- and alternative financing.

Bas Scheele comes with a background in mergers & acquisitions, he previously served in the M&A teams of Boer & Croon and Deloitte, and more recently worked in corporate M&A and venturing at Bridgestone. His focus will be on transaction support: including fundraising deals and the acquisition and sale of companies.