Nordian Capital and the management team of MYLAPS have successfully completed the sale of MYLAPS to Garmin, global leader in GPS technology and wearables. NautaDutilh advised Nordian and the MYLAPS management team throughout the competitive international auction process.
“It was an absolute blast working with the Nordian team and MYLAPS on this one. Garmin is a fantastic new home for such a strong Dutch tech brand – a great match with huge international potential. A big shout-out to the NautaDutilh team for their sharp thinking, hard work, and good humour throughout a fast-paced and dynamic process. Super proud of what we pulled off together”
The NautaDutilh core deal team for this transaction was led by Joost den Engelsman (partner) and consisted of Annefleur van Oel, Eline van Marle and Sophie Schouten (Corporate / M&A), Nina Kielman and Ash Beesemer (Tax) and Sophie van Lanschot and Belén Gobits (Corporate Notarial).
About MYLAPS
MYLAPS has been at the forefront of sports timing and performance data, supporting events from world championships to local community races. With Garmin as the new owner, MYLAPS is well-positioned to accelerate its growth and innovation on a global scale.
