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Benelux unquote

Dutch Bakery Group is an industrial bakery business
Egeria sells Dutch Bakery to 3i

SBO of the Netherlands-based home-bake and snack products producer ends a four-year holding period

  • Buyouts
  • 20 September 2021
Recruitment and new hires
Karmijn Kapitaal appoints van der Maarel as managing partner

Van der Maarel will join the firm on 1 October from NIBC

  • People
  • 20 September 2021
The Netherlands
Bolster Investment Partners holds first close for second fund

Dutch minority investment specialist has surpassed its EUR 200m target at its first close

  • Buyout
  • 16 September 2021
Lingerie designers
Carlyle revives USD 1.2bn Hunkemoller sale – report

Initial plans to sell the asset were delayed by the pandemic, Reuters reports

  • Exits
  • 14 September 2021
Telecommunications apps and devices
Apax, Warburg team up for EUR 5.1bn T-Mobile Netherlands deal

Deal values the Dutch telecoms operator at 8.7x its last-12-month adjusted EBITDA

  • Buyouts
  • 07 September 2021
Nanna Luneborg of Forbion
Forbion hires Novo Ventures' Lüneborg

Nanna Lüneborg will be responsible for Forbion's EUR 360m Growth Opportunities Fund I

  • People
  • 01 September 2021
Computers and IT equipment retailers
Aurelius sells Office Depot Europe to trade

GP acquired the company in 2016 and has since focused on developing its e-commerce operations

  • Exits
  • 17 August 2021
Packgaing films
PAI explores Refresco exit

Paris-based private equity firm is exploring options around a dual-track process

  • Exits
  • 02 August 2021
Investment in renewable energy
Three Hills sells ACT stake to Bridgepoint in USD 1bn deal

GP invested EUR 60m for a minority stake in the environmental commodities trading platform in 2018

  • Exits
  • 30 July 2021
Enterprise software
Belgian unicorn Odoo raises USD 215m from Summit

Sofinnova Partners sells shares, with the latest valuation being a 149x jump on its 2010 investment

  • Expansion
  • 29 July 2021
Online shopping
Apax advised by UBS on Wehkamp exit

Dutch online warehouse Wehkamp is expected to come to market in H2 2021

  • Exits
  • 26 July 2021
Global payments providers
EQT explores strategic options for Banking Circle

Options include a private sale and a merger with a blank-cheque company, as well as a listing via IPO

  • Exits
  • 23 July 2021
Management consultancy and business strategy planning
Ardian buys stake in Nova Reperta

Investment in the management consultancy is Ardian Growth's first investment in Belgium

  • Expansion
  • 22 July 2021
Football pitches
Sun European invests in Sports & Leisure Group

GPP buys a majority stake in the artificial turf business, headquartered in Belgium

  • Buyouts
  • 15 July 2021
Money raised in euros
Kempen Capital launches second private equity fund

Fund has a EUR 200m target and will make both small-cap direct co-investments and PE fund investments

  • Funds
  • 13 July 2021
Paint tins and brushes
Advent sells Allnex to PTTGC International

Trade sale values the Benelux-based coating resins business at EUR 4bn (12x EBITDA)

  • Exits
  • 12 July 2021
Biotechnology and medical sciences
Novalis Biotech closes second fund on €25m

Fund aims to back around 20 companies in total, with four investments already inked

  • Funds
  • 09 July 2021
Colour printing press
Gimv sells Summa to Ergon

Gimv acquired a majority stake in the Belgium-based digital cutting machines producer in 2016

  • Buyouts
  • 07 July 2021
Fundraising in euros
Karmijn Kapitaal holds first close for third fund

Netherlands-headquartered GP held a final close for Fund II in June 2016 on €90m

  • Buyout
  • 30 June 2021
Direct secondaries acquisition
Fortino Capital eyes new fund launch for late 2021

Firm will look to mandate a placement agent prior to launching the growth fund

  • Funds
  • 30 June 2021
Modular building
Brookfield buys Modulaire from TDR in $5bn deal

TDR Capital acquired a 66.98% stake in Modulaire as part of a €478m take-private in 2004

  • Exits
  • 28 June 2021
Fintech and currency exchange platforms
Blackstone leads €665m round for software developer Mollie

Company will use the funding to scale up its team, expand globally, and further develop its technology

  • Expansion
  • 23 June 2021
European fund raise
ABN Amro launches €425m Sustainable Impact Fund

Fund will make PE and VC investments in the Netherlands and neighbouring countries

  • Buyout
  • 23 June 2021
Product testing and quality control
IK to sell Veritas Petroleum Services to Fremman Capital

Fuel testing company was reportedly marketed off EBITDA between €18-20m

  • Buyouts
  • 22 June 2021
5 6 7
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