Belgium
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.
Corporate carve-outs boost Benelux deal values
Corporate carve-outs
Gimv commits further capital to DG Infra
Infrastructure-focused investor DG Infra has secured additional financing from its sponsors, Gimv and Belfius Bank, with a plan to invest up to €400m over the next five years.
Argos Soditic opens Benelux office
Mid-market private equity house Argos Soditic has officially announced the opening a new office in Brussels to better take advantage of the Benelux market.
Gimv leads €8.5m round for Itineris
Gimv and PMV have invested €8.5m in Belgian software company Itineris, alongside the company’s founder and CEO.
Capricorn, Vesalius lead round for Trod
Capricorn Venture Partners and Vesalius Biocapital have co-led a €4.75m series-B funding round for Trod Medical, a Belgian medical devices company.
Gimv fully exits Ablynx
Gimv has sold its remaining direct stake of 2.24% in Euronext-listed Ablynx, a Belgian biotechnology company, for €19.1m.
NovoPolymers pulls in further VC funding
Gimv, Capricorn Venture Partners and the Federale Participatie- en Investeringsmaatschappij (SFPI-FPIM) have reinvested in Belgian solar encapsulant manufacturer NovoPolymers alongside new backer Capital-E.
KBC sells German division to Apollo et al.
Belgium’s KBC Bank has sold its German stand-alone subsidiary, KBC Bank Deutschland (KBCD), to a consortium of investors including Apollo Global Management and Grovepoint Capital.
Capricorn leads $3.3m round for Ngdata
Capricorn Venture Partners has led a $3.3m funding round for Belgian big data company Ngdata alongside existing backer Sniper Investments and angel investors.
CVC set to buy Campbell Europe
CVC Capital Partners has entered exclusive negotiations with Campbell Soup Company to acquire part of its European activities.