Ronald van Grootel has successfully acquired his business partner's shares in DJayGEAR, positioning the company for future growth in the thriving music festival market.

Information on the Target

DJayGEAR was founded in late 2006 by Ronald van Grootel and his business partner, both professionals in the music and entertainment industry. They identified a growing demand for professional DJ equipment rental services in the rapidly expanding festival market. This venture proved successful, allowing DJayGEAR to expand its product offerings and attract an international customer base.

Today, DJayGEAR serves renowned festivals, including Tomorrowland (BE, FR), Ultra Europe (KR), Time Warp (DE), and Expo 2020 Dubai (UAE), among others. After nearly 15 years of growth and success, Ronald and his partner have mutually agreed that it's time for a new direction: Ronald will acquire his partner's shares and continue to develop DJayGEAR independently.

Industry Overview in the Netherlands

The music and entertainment industry in the Netherlands is noteworthy for its vibrant festival culture, which has seen substantial growth in recent years. The country is home to a myriad of large festivals t