Knop Investments takes majority stake in AVANCE CARE GROUP

Knop Investments acquired Avance Care Group from Karmijn Kapitaal, with the existing strategy to continue and the group's management remaining in place. The transaction was announced in April 2025. Robert van Leeuwen, Chief Executive Officer of Avance Care Group, said the group had professionalized its operations and expanded its portfolio of products and services under Karmijn as managing shareholder, and that its next ambition was to grow further, especially internationally, with its lifting and transfer solutions. Eric Jan Vink, representing Knop Investments, said the firm shared a sustainable vision with Avance and was committed to supporting the group in its next phase, adding that Karmijn Kapitaal and the management had laid a solid foundation. Ad van Herpen, Investment Manager at Karmijn Kapitaal, said the firm had worked closely with Avance's leadership over the past four years to build a solid and diverse organization, expanding the product range and strengthening its position across various healthcare channels. Loes Schilderink, Director of Innovation, and Wybren Terpstra, Managing Director of TR-Care, joined the leadership team of Avance Care Group. Karmijn Kapitaal had held its stake since 2021, when it backed the group then known as JOYinCARE Group; in early 2023 the group acquired TR-Care, a specialist in the maintenance of care equipment.