BrazilZanders partners with MML Capital for next phase of growth
Zanders – an international treasury and risk consulting firm – has roped in funding from investment firm MML Capital, as the firm prepares for its next phase of growth.
The move, which is a first for privately-held Zanders, sees UK-based MML Capital take a minority stake in the consultancy for an undisclosed sum. The remaining majority of the shares are in the hands of the Zanders’ management.
“We are thrilled to be partnering with Zanders to support the firm’s growth strategy. Zanders has a highly specialised proposition and its expertise in treasury and risk is unparalleled. The team has sustained strong growth over a number of years, and we are backing them to do more of the same,” said Luke Jones, partner at MML.
Founded in 1994 in the Netherlands, Zanders has over the years grown to a 200-strong consulting firm with offices across Europe, the Americas and Asia. The consultancy advises multinationals, financial institutions, public sector and non-profit organisations with professionalising their finance and risk functions. Alongside its advisory capacity, Zanders also has a suite of cloud-based solutions.
With the added financial muscle, Zanders will set out to expand its capabilities and teams in existing international markets (with the US, the DACH and Nordic regions in Europe, and Asia the key growth markets identified) and enter new markets/segments. “We also aim to scale up our solutions business,” said Laurens Tijdhof, CEO and Managing Partner at Zanders.
“MML Capital’s strong track record of scaling people businesses across multiple geographies was immediately attractive to us. We are very excited about their support and look forward to working alongside them,” commented Tijdhof, a two decade veteran at the firm.
Zanders joins a portfolio that includes Waystone (a provider of institutional governance, risk and compliance services to the asset management industry) and Roboyo (a consultancy specialised in intelligent automation and robotic process automation). Both firms have under the wings of MML Capital booked steep growth, though organic expansion as well as acquisitions.
Dealmakers
MML was advised by DC Advisory (James Nichols, Amish Bakhai), Pinsent Masons (Ed Stead, Bryan Chapman), Roland Berger (Hrish Potey, Ilgit Beygo) and Confidas (Bruce Douglas).
Zanders was meanwhile advised by Alantra (Richard Holden, Lodewijk Sodderland), Eversheds (Tom van Wijngaarden), Atlas (Kurt de Wijer) and Grant Thornton (Wilfred van der Lee).
