{"id":15940,"date":"2024-06-30T22:31:18","date_gmt":"2024-06-30T20:31:18","guid":{"rendered":"https:\/\/www.fbm.nl\/value-creation-through-a-buy-and-build-strategy\/"},"modified":"2025-09-08T17:03:39","modified_gmt":"2025-09-08T15:03:39","slug":"value-creation-through-a-buy-and-build-strategy","status":"publish","type":"post","link":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/","title":{"rendered":"Value creation through a &#8216;buy and build&#8217; strategy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"15940\" class=\"elementor elementor-15940 elementor-13269\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cbee32a e-flex e-con-boxed e-con e-parent\" data-id=\"cbee32a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a466335 elementor-widget elementor-widget-text-editor\" data-id=\"a466335\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With clear principles and a good interpretation of the preconditions, a &#8216;<strong><a href=\"https:\/\/www.fbm.nl\/en\/what-is-a-buy-and-build-strategy\/\">buy and build<\/a><\/strong>&#8216; strategy, value can be created. It is therefore also a common strategy used by private equity funds to realize returns.<\/p><p>Value creation, translated into higher valuation, comes about through the sum of a number of factors that reinforce each other. These factors include: <\/p><ul><li><strong>Lower risk profile:<\/strong> Smaller companies theoretically have a higher risk profile (small risk premium) than larger companies. For example, because of a higher dependence on an entrepreneur, or because of a smaller spread in customer portfolio. By &#8216;buy and build&#8217; with the right strategic focus, you can improve the size, quality and professionalism of a company, making buyers willing to pay a higher price (multiple). After all, the buyer no longer has to make these growth investments himself. A lower risk profile arises mainly because the company:    <ul><li>Has a stronger management team<\/li><li>Has a wider spread of activities<\/li><li>Depends less on specific customers.<\/li><\/ul><\/li><li><strong>Higher EBITDA:<\/strong> The EBITDA of the &#8220;buy and build&#8221; will be higher after a successful integration than the average EBITDA of its constituent companies. The higher EBITDA comes from realizing the synergy and economies of scale mentioned earlier. <\/li><li><strong>Better position in the acquisition market:<\/strong> The company resulting from the &#8220;buy and build&#8221; tends to be more interesting to a broader spectrum of potential buyers. Financial investors tend to focus on companies with an enterprise value from \u20ac 10 &#8211; \u20ac 15 million. At an enterprise value of &gt; \u20ac 100 million, the pool of potential investors is further enlarged with international investors and strategic buyers.  <\/li><\/ul><p>Due to the above factors, the sales multiple of the &#8216;buy and build&#8217; is often higher than the purchase multiples of the individual companies. This benefits from &#8216;multiple-arbitrage&#8217;. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-606d1533 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"606d1533\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4cc8d9fa\" data-id=\"4cc8d9fa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-74dfe893 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"74dfe893\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-72fbf2e5\" data-id=\"72fbf2e5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-751bfca7 elementor-widget elementor-widget-heading\" data-id=\"751bfca7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">e-Book: Buy and Build<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a99838c elementor-widget elementor-widget-text-editor\" data-id=\"a99838c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Sometimes 1 + 1 = 3, in which case a so-called &#8220;buy and build&#8221; strategy can be interesting. In a &#8220;buy and build&#8221; strategy, growth and long-term value are realized by acquiring and merging companies.<\/p><p>A &#8220;buy and build&#8221; offers many opportunities but also has risks. It is therefore essential to carefully weigh strategic choices in advance. This handbook gives you tools to get you started in making these trade-offs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-1a425d57\" data-id=\"1a425d57\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57785868 elementor-widget elementor-widget-heading\" data-id=\"57785868\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">e-Book: Buy and Build<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16824d1e elementor-widget elementor-widget-hubspot-form\" data-id=\"16824d1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"hubspot-form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 144760600,\n\t\t\t\t\t\t\t\t\tformId: \"6dce7df4-3391-49ae-8687-6b201df72891\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1776228503000-2188305883\",\n\t\t\t\t\t\t\t\t\tregion: \"eu1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1776228503000-2188305883\"><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb6555a elementor-widget elementor-widget-text-editor\" data-id=\"bb6555a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This form is subject to our privacy policy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>With clear principles and a good interpretation of the preconditions, a &#8216;buy and build&#8216; strategy, value can be created. It is therefore also a common strategy used by private equity funds to realize returns. Value creation, translated into higher valuation, comes about through the sum of a number of factors that reinforce each other. These [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15349,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[97,104,101],"tags":[91,107],"class_list":["post-15940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en","category-buy-company","category-invest","tag-buy-company","tag-invest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Value creation through a &#039;buy and build&#039; strategy - FBM Corporate Finance<\/title>\n<meta name=\"description\" content=\"With clear guiding principles and the right framework conditions, value can be created through a &quot;buy and build&quot; strategy.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Value creation through a &#039;buy and build&#039; strategy - FBM Corporate Finance\" \/>\n<meta property=\"og:description\" content=\"With clear guiding principles and the right framework conditions, value can be created through a &quot;buy and build&quot; strategy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"FBM Corporate Finance\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-30T20:31:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-08T15:03:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr\" \/>\n\t<meta property=\"og:image:width\" content=\"1260\" \/>\n\t<meta property=\"og:image:height\" content=\"1022\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bob Oord\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bob Oord\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\"},\"author\":{\"name\":\"Bob Oord\",\"@id\":\"https:\/\/www.fbm.nl\/en\/#\/schema\/person\/e4f855129b13737d8d2b035666dcad03\"},\"headline\":\"Value creation through a &#8216;buy and build&#8217; strategy\",\"datePublished\":\"2024-06-30T20:31:18+00:00\",\"dateModified\":\"2025-09-08T15:03:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\"},\"wordCount\":376,\"image\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr\",\"keywords\":[\"buy company\",\"invest\"],\"articleSection\":[\"Blog\",\"Buy Company\",\"Invest\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\",\"url\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\",\"name\":\"Value creation through a 'buy and build' strategy - FBM Corporate Finance\",\"isPartOf\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr\",\"datePublished\":\"2024-06-30T20:31:18+00:00\",\"dateModified\":\"2025-09-08T15:03:39+00:00\",\"author\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/#\/schema\/person\/e4f855129b13737d8d2b035666dcad03\"},\"description\":\"With clear guiding principles and the right framework conditions, value can be created through a \\\"buy and build\\\" strategy.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage\",\"url\":\"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr\",\"contentUrl\":\"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr\",\"width\":1260,\"height\":1022},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fbm.nl\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Value creation through a &#8216;buy and build&#8217; strategy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fbm.nl\/en\/#website\",\"url\":\"https:\/\/www.fbm.nl\/en\/\",\"name\":\"FBM Corporate Finance\",\"description\":\"Corporate fincance adviseurs met karakter\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fbm.nl\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fbm.nl\/en\/#\/schema\/person\/e4f855129b13737d8d2b035666dcad03\",\"name\":\"Bob Oord\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/a79ba9b945417576ea6df7ca1203295da757d9ffda1b9a9cd270308182f8fc30?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a79ba9b945417576ea6df7ca1203295da757d9ffda1b9a9cd270308182f8fc30?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a79ba9b945417576ea6df7ca1203295da757d9ffda1b9a9cd270308182f8fc30?s=96&d=mm&r=g\",\"caption\":\"Bob Oord\"},\"url\":\"https:\/\/www.fbm.nl\/en\/author\/bobfbm\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Value creation through a 'buy and build' strategy - FBM Corporate Finance","description":"With clear guiding principles and the right framework conditions, value can be created through a \"buy and build\" strategy.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/","og_locale":"en_US","og_type":"article","og_title":"Value creation through a 'buy and build' strategy - FBM Corporate Finance","og_description":"With clear guiding principles and the right framework conditions, value can be created through a \"buy and build\" strategy.","og_url":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/","og_site_name":"FBM Corporate Finance","article_published_time":"2024-06-30T20:31:18+00:00","article_modified_time":"2025-09-08T15:03:39+00:00","og_image":[{"width":1260,"height":1022,"url":"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr","type":"image\/jpeg"}],"author":"Bob Oord","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bob Oord","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#article","isPartOf":{"@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/"},"author":{"name":"Bob Oord","@id":"https:\/\/www.fbm.nl\/en\/#\/schema\/person\/e4f855129b13737d8d2b035666dcad03"},"headline":"Value creation through a &#8216;buy and build&#8217; strategy","datePublished":"2024-06-30T20:31:18+00:00","dateModified":"2025-09-08T15:03:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/"},"wordCount":376,"image":{"@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr","keywords":["buy company","invest"],"articleSection":["Blog","Buy Company","Invest"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/","url":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/","name":"Value creation through a 'buy and build' strategy - FBM Corporate Finance","isPartOf":{"@id":"https:\/\/www.fbm.nl\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage"},"image":{"@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr","datePublished":"2024-06-30T20:31:18+00:00","dateModified":"2025-09-08T15:03:39+00:00","author":{"@id":"https:\/\/www.fbm.nl\/en\/#\/schema\/person\/e4f855129b13737d8d2b035666dcad03"},"description":"With clear guiding principles and the right framework conditions, value can be created through a \"buy and build\" strategy.","breadcrumb":{"@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#primaryimage","url":"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr","contentUrl":"https:\/\/www.fbm.nl\/wp-content\/uploads\/2024\/06\/buy-and-build-waardecreatie.jpg?wsr","width":1260,"height":1022},{"@type":"BreadcrumbList","@id":"https:\/\/www.fbm.nl\/en\/value-creation-through-a-buy-and-build-strategy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fbm.nl\/en\/"},{"@type":"ListItem","position":2,"name":"Value creation through a &#8216;buy and build&#8217; strategy"}]},{"@type":"WebSite","@id":"https:\/\/www.fbm.nl\/en\/#website","url":"https:\/\/www.fbm.nl\/en\/","name":"FBM Corporate Finance","description":"Corporate fincance adviseurs met karakter","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fbm.nl\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.fbm.nl\/en\/#\/schema\/person\/e4f855129b13737d8d2b035666dcad03","name":"Bob Oord","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a79ba9b945417576ea6df7ca1203295da757d9ffda1b9a9cd270308182f8fc30?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a79ba9b945417576ea6df7ca1203295da757d9ffda1b9a9cd270308182f8fc30?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a79ba9b945417576ea6df7ca1203295da757d9ffda1b9a9cd270308182f8fc30?s=96&d=mm&r=g","caption":"Bob Oord"},"url":"https:\/\/www.fbm.nl\/en\/author\/bobfbm\/"}]}},"_links":{"self":[{"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/posts\/15940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/comments?post=15940"}],"version-history":[{"count":4,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/posts\/15940\/revisions"}],"predecessor-version":[{"id":17057,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/posts\/15940\/revisions\/17057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/media\/15349"}],"wp:attachment":[{"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/media?parent=15940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/categories?post=15940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fbm.nl\/en\/wp-json\/wp\/v2\/tags?post=15940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}