Benelux Unquote
Egeria sells Dutch Bakery to 3i
SBO of the Netherlands-based home-bake and snack products producer ends a four-year holding period
Karmijn Kapitaal appoints van der Maarel as managing partner
Van der Maarel will join the firm on 1 October from NIBC
Bolster Investment Partners holds first close for second fund
Dutch minority investment specialist has surpassed its EUR 200m target at its first close
Carlyle revives USD 1.2bn Hunkemoller sale – report
Initial plans to sell the asset were delayed by the pandemic, Reuters reports
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
Forbion hires Novo Ventures' Lüneborg
Nanna Lüneborg will be responsible for Forbion's EUR 360m Growth Opportunities Fund I
Aurelius sells Office Depot Europe to trade
GP acquired the company in 2016 and has since focused on developing its e-commerce operations
PAI explores Refresco exit
Paris-based private equity firm is exploring options around a dual-track process
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
Belgian unicorn Odoo raises USD 215m from Summit
Sofinnova Partners sells shares, with the latest valuation being a 149x jump on its 2010 investment
Apax advised by UBS on Wehkamp exit
Dutch online warehouse Wehkamp is expected to come to market in H2 2021
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
Ardian buys stake in Nova Reperta
Investment in the management consultancy is Ardian Growth's first investment in Belgium
Sun European invests in Sports & Leisure Group
GPP buys a majority stake in the artificial turf business, headquartered in Belgium
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
Advent sells Allnex to PTTGC International
Trade sale values the Benelux-based coating resins business at EUR 4bn (12x EBITDA)
Novalis Biotech closes second fund on €25m
Fund aims to back around 20 companies in total, with four investments already inked
Gimv sells Summa to Ergon
Gimv acquired a majority stake in the Belgium-based digital cutting machines producer in 2016
Karmijn Kapitaal holds first close for third fund
Netherlands-headquartered GP held a final close for Fund II in June 2016 on €90m
Fortino Capital eyes new fund launch for late 2021
Firm will look to mandate a placement agent prior to launching the growth fund
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
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
ABN Amro launches €425m Sustainable Impact Fund
Fund will make PE and VC investments in the Netherlands and neighbouring countries
IK to sell Veritas Petroleum Services to Fremman Capital
Fuel testing company was reportedly marketed off EBITDA between €18-20m