Horequip Inc.

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Horequip Inc. - overview

Established

1989

Location

Steenwijk, -, Netherlands

Primary Industry

Construction

About

Horequip Inc. specializes in designing and constructing tailored foodservice environments, focusing on multifunctional spaces that enhance user interaction and efficiency across various sectors. Founded in 1989 by Elisabeth Peters and Mario Peters in Steenwijk, Netherlands, Horequip Inc. focuses on innovative foodservice architecture.


In April 2019, Antea acquired a 48. 7% minority stake in the company for EUR 1. 5 million. The firm has executed 1 deal to date, culminating in a total capital raise of EUR 1.


5 million. Horequip Foodservice Architecture specializes in designing, constructing, and maintaining custom foodservice concepts tailored for a variety of environments. Their core offerings include the development of retail outlets, corporate restaurants, visitor dining areas, hotel kitchens, school cafeterias, food laboratories, and commercial kitchens. The company's approach reflects the evolving role of corporate restaurants, transforming them into multifunctional foodservice environments that foster interaction and create productive workspaces.


Clients include hospitals, corporate entities, and educational institutions, with designs that cater to both staff and visitors, often integrating dining spaces to enhance the user experience. Horequip’s services are primarily offered in various international markets, ensuring a broad reach in the foodservice industry. In 2018, Horequip Foodservice Architecture reported a revenue of EUR 16,061,600. The company's revenue stream is structured around direct B2B transactions with a diverse clientele, including hospitals, corporations, and educational institutions.


Horequip typically engages in customized contracts for design and construction services, which may include turn-key projects that encompass both the establishment and ongoing maintenance of foodservice facilities. The transaction framework is built on partnerships that involve project-based contracts, allowing clients to access tailored solutions that meet their specific needs. Pricing structures for services are developed based on the complexity and scale of each project, reflecting the bespoke nature of their offerings. Horequip Inc.


aims to expand its footprint in the foodservice architecture sector following the recent investment from Antea. The funding will support efforts to develop new foodservice concepts and explore entry into additional international markets. Specific target regions and timelines for expansion will be defined as the company progresses with its growth strategy.


Current Investors

Primary Industry

Construction

Sub Industries

Consulting Services, Event Management, Construction

Website

www.horequip.eu

Verticals

Infrastructure

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Horequip Inc. - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)13,600,000------
% Revenue Growth (YoY)-------
EBITDA (USD)-------
Operating Income (USD)-------
Operating Margin-------
% EBITDA Margin-------
NET Income (USD)-------
% Net Margin-------

Horequip Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedHorequip Inc.-

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Horequip Inc. - employee data

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