Belgium
VC-backed OpenERP raises $10m
Company to rebrand as Odoo as part of the deal
Belgian mezzanine financing comes out of the shadows
Belgian mezzanine
PE-backed Ontex preparing return to stock market
TPG Capital- and GS Capital Partners-backed Ontex, a Belgian producer of baby and feminine care products, is preparing a €500m Brussels Stock Exchange flotation, according to Belgian reports.
Down 2 Earth holds final close on €66.25m
Fund launched in May 2013 with €50-60m target
Deal in focus: Gilde backs BIMBO of ISFI
GP teams up with entrepreneur De Muyer once again
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.
Waterland invests in Unimar
PE firm provides growth capital
Apax sells Buy Way Personal Finance
GP acquired 50.5% stake in 2010 carve-out from BNP Paribas
PMV launches €100m Belgian mezzanine fund
Fund held first close on €75m in February
NPM exits Dujardin
Belgian business merges with trade player Ardo
Intel Capital et al. invest $11m in Amplidata
Endeavour, Hummingbird, Quantum and Swisscom also involved
Gimv et al. invest €1.5m in CoScale
Capital supplied equally from three investors
CM-CIC's Primus acquired by Alliance Laundry
Belgium-based Primus Laundry Equipment Group, which is backed by CM-CIC Finance, has been acquired by Teachers’ Private Capital-backed US group Alliance Laundry.
Kebek acquires Belgian business Mifratel
Belgian buyout firm Kebek Private Equity has acquired Mifratel, a Belgian contact centre operator, alongside the company’s management.
Vendis invests in Victoria Group
Retail and consumer brand-focused investor Vendis Capital has acquired Victoria Group, a Belgian jewellery designer.
German PE tempted by allure of Luxembourg LPs
With a government promising to keep industry regulation fine-tuned to the benefit of its denizens, Luxembourg has become a hotspot for GPs in post-AIFMD Europe. Ellie Pullen reports
SDNsquare raises €1.5m
TMT-focused investor Merapar has led a €1.5m funding round for SDNsquare, a Belgian provider of network and storage solutions.
Deal in focus: VC-backed Okapi sold to US biopharma Aratana
The sale of venture-backed Belgian biopharmaceutical company Okapi Sciences to listed US biopharma Aratana Therapeutics highlights the benefits that come from maintaining relationships with former fellow investors.
VC-backed Okapi acquired by US biopharma Aratana
Belgian biopharmaceutical company Okapi Sciences, backed by several venture capital firms, has been acquired by listed US biopharma Aratana Therapeutics for a total consideration of up to €33.3m.
Gimv and Cube to acquire VTB
Gimv and the Cube Infrastructure Fund are to wholly acquire Veolia Transport Belgium (VTB), the Belgian operations of France-headquartered Transdev Group.
Ardian acquires NHV Group
Ardian has acquired a majority stake in Noordzee Helikopters Vlaanderen (NHV) Group, a Belgium-based provider of helicopter transport services.
Gimv partially exits Punch Powertrain
Gimv has divested 30% of its stake in Punch Powertrain, a Belgian manufacturer of auto parts, to Chinese private equity house New Horizon Capital.
CVC fully exits bpost
CVC Capital Partners has sold the remainder of its shares in Belgian postal service bpost, which listed on the NYSE Euronext Brussels earlier this year, for €580m.
TA Associates acquires Cmosis
TA Associates has acquired Cmosis, a Belgian supplier of CMOS image sensors, from venture capital firms PMV and Capital-E.