Yesqar, an innovative company specializing in financing solutions for automotive businesses, has been acquired by DFM, a financing partner for companies in the mobility sector and part of Volkswagen Financial Services, from NIBC Bank. This acquisition marks the beginning of a new phase for Yesqar!
Background
Four years ago, Yesqar, a company specializing in financing solutions for car dealerships and leasing companies, embarked on an ambitious plan: to improve financing in the automotive industry with a data-driven solution. By offering tailored financing options, such as floorplan financing (inventory investments) and lease portfolio financing, this plan has proven its strength. Now, Yesqar has been acquired by DFM, a leading financier in the mobility sector and part of Volkswagen Financial Services. With this acquisition, DFM takes over the shareholding from NIBC Bank. For DFM, this strengthens its position in the Dutch market, while Yesqar gains the opportunity to expand its customer base and grow further in a dynamic sector.
Role of Kennedy Van der Laan
The Kennedy Van der Laan team (Jan-Berend Möller, Lukas Suijkerbuijk, and Wieger Weijland) acted as legal advisors to the management of Yesqar during this acquisition. Our role was specifically focused on management support and highlights the expertise of the M&A team in complex acquisition processes within the mobility and financial sectors. We are proud to have been part of this innovative transaction, which represents not only a significant step forward for Yesqar but also an example of strategic collaboration in a rapidly evolving market.
Impact of the Deal
This acquisition provides Yesqar with the opportunity to further develop its services and products while serving a broader range of customers. At the same time, the deal aligns seamlessly with DFM’s growth strategy, enhancing its focus on the Dutch mobility sector. The wide attention this transaction has received underscores its strategic and market-driven significance.
