Managing Partner at AKD Erwin Rademakers, talks to Leaders League about the Dutch M&A market and the evolution of goals in the international spectrum and how AKD plans to cover it over the next few years.
Leaders League. What is the DNA of AKD?
Erwin Rademarkers. AKD is one of the top players in the Dutch M&A market. It is particularly strong in the market up to €250M deal value. One of the most distinctive features of AKD is the involvement of its partners and skilled associates. Our partners do not only attend the kick off meeting, but really are involved in deals. The involvement of experienced partners and associates leads to a very pragmatic approach.
Leaders League. What is your view on the Dutch M&A market?
E. R. The M&A market in The Netherlands is booming and quite busy at the moment: it has increased to 30% in comparison with last year. There are many transactions at the moment and we are well positioned to deal with those matters. We are best positioned for deals up to €250 million and work on deals where they can handle up to 10 jurisdictions at the same time. We can also rely on our strong international network.
Leaders League. Collaborative partnerships have been established with various law firms based in China, Turkey, Korea, Germany, Japan. How do you organize your international expansion?
E. R. We maintain strong relationships with law firms in the countries mentioned. We try to involve selected law firms from these jurisdictions in as many Dutch deals as we can. In order to make sure that relations stay strong, we visit each other frequently and jointly organize seminars, for example.
Leaders League. How do you envision AKD's international development within the next few years?
E. R. I believe it is important for AKD to grow within its home market first. The most logical thing to do then is to expand towards the other Benelux countries. After becoming active both in Belgium and Luxembourg, it is also our goal to have our own tax practice. The creation of the tax practice is therefore foreseen in all three countries, The Netherlands, Belgium and Luxembourg.
Leaders League. What are your goals for the future of the firm as AKD's managing partner?
E. R. The most important goal is to prepare AKD for a period of change – a period which we are already experiencing. Things change quickly. ICT solutions become available for some types of work, new competitors enter the market and cases become more multijurisdictional. Law firms have to adapt to these new and exciting developments. I am convinced that AKD is on the right path.