Gilde backs BIMBO of ISFI
Gilde Equity Management Benelux has supported the buy-in management buyout (BIMBO) of International Spice and Food Import (ISFI), a Belgian provider of spice products.
The company's management, including the son of founder Anne-Marie Stevens, acquired ISFI alongside entrepreneur Davy De Muyer and Gilde.
De Muyer and Gilde have previously worked together on the €60m buyout of Belgium-based Hamal Signature in November 2006. De Muyer has become the new CEO of ISFI following the deal.
Company
ISFI was founded in 1982 and is headquartered in Braine-l'Alleud. It produces herb and spice products, which are stocked in supermarkets.
The company claims it commands a 40% share of the herbs and spices market in Belgium.
People
Davy De Muyer is the new CEO of ISFI.
Advisers
Equity - PwC, Lieven Adams, Didier de Smet, Dimitri Claes, Martijn de Meulemeester, Nancy de Beule, Florian Jacob Feuerborn, Jolien Van Landeghem (Financial due diligence, tax); Linklaters, Paul Van Hooghten, Tim Vandorpe, Jae Suk Van Wijngaarden, Mystica Van Belle (Legal); Baker McKenzie, Michael Van Den Acker (Legal); Laurius, Dirk Wellens, Stefaan Wauman (Legal); ERM, Ruud Klein, Ronald Ruijter, Mieke Priem, Pia Verhofstede (Corporate finance); Irias, Jan de Mulder, Steven Van Keer (Insurance due diligence); Spring Associates, Ebel Kemeling, Judith Wierenga (Environmental due diligence).
Vendors - Fairfield Partners, Vartan Ibranyan, Leonardo Stortini (M&A); De Le Court, Wahis & Associés, Antoine De Le Court, Axelle Steurs (Legal).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds








