Belgium
Down2Earth replaces Gimv as majority stakeholder in Grandeco
Gimv first bought the business 13 years ago and will remain a minority shareholder
Carlyle buys stake in Mak-System
Belgium-based blood chain management software company draws investment from two Carlyle vehicles
KKR-backed Gamma takes stake in Univercells subsidiary
KKR's $50m investment in Univercells will be drawn from its Health Care Strategic Growth Fund
2020 Outlook: Benelux dealflow breaks records as fundraising recovers
While often out of the European private equity limelight on the deal-making side, the Benelux region quietly posted an excellent 2019
Vesalius, Swisscanto in €19m series-B for OncoDNA
Fresh capital will be used for international growth and software development acceleration
M80 acquires Spantech
M80 Capital I looks to provide equity tickets of €10-40m to companies in Benelux and France
VCs in €20m series-B for PDCLine
In 2016, Belgian VC Meusinvest, Spinventure and several business angels invested €4m in the company
PAI Partners to launch €600m mid-market fund
Vehicle will target companies based across Italy, Spain, Germany, France and the Benelux region
Vendis appoints Riisberg as senior adviser in Nordic region
Christian Riisberg was previously founding partner of Alipes and a board member for various companies
IK exits CID Lines to trade
Livestock hygiene specialist was reportedly expected to fetch a price tag of more than €300m
GHO Capital buys Ardena from Mentha
Mentha created Ardena by merging three portfolio companies in 2017 and conducting bolt-ons
SmartFin closes sophomore fund on €240m
Belgian early-stage and growth fund will provide €500,000-12m equity tickets
Volta collects €35m for Volta Ventures II
New vehicle will provide funding to Benelux-based software and internet startups
Integra holds third close on €110m for maiden fund
Fund hit its €100m target and the subscription period was extended to mid-2020
Vectis sells WinBooks to trade
Founded in 1989, Exact launched its cloud-based accounting product Exact Online in 2006
Summit leads $90m round for Odoo
Sofinnova invested in a €3m funding round for the enterprise management company in 2010
BNP Paribas Fortis PE backs JAC
GP buys substantial minority in Belgium-based industrial bread-making machinery specialist
Carlyle's Saverglass carves out MD Verre from Vidrala
Saverglass intends to invest €50m over the next three years to convert MD Verre's production
Goldman Sachs mid-market PE team makes hires
Esma Yildiz, who joins from Arma Partners, will head up mid-market sponsor coverage for the team
Ardian's Dedalus carves out Agfa-Gevaert's healthcare IT business
Dedalus buys the business for an EV of €975m, with the aim of creating a healthcare software group
Torqx Capital buys Descroes
GP invests via its debut vehicle, Torqx Capital Partners I, a €150m fund targeting mid-market companies
Apax acquires Destiny in SBO
Destiny founders retain almost 30% of shares in the company in the secondary buyout transaction
Equistone to buy Amadys from Vectis
Management team of the Belgian utilities equipment distributor retains a minority stake
CPPIB exits Interparking to APG
APG buys a 39% stake in Belgian Interparking investing €500-600m, says Inframation report
