Belgium
Benelux industrials booming and primed for internationalisation
Sector soars past consumer in terms of aggregate value of H1 buyouts, having historically attracted similar levels of PE backing
Ardian in talks to buy Trustteam
Ardian is set to acquire Belgium-based IT company Trustteam, owned by Naxicap since 2014
Riverside promotes Álvarez-Novoa to partner
Firm also appoints Filip Van de Vliet and Philip Rowland as operating partners
Keen Venture leads $22m series-C for Teamleader
Firm will use the new capital to sustain international growth and accelerate product development
HIG's Valtris bolts-on Ineos divisions
Valtris buys France-based Ineos Baleycourt and Benelux-based Ineos ChloroToluenes
OpenGate carves out Gunnebo's France and Benelux operations
Divested divisions include two production sites and the France and Benelux sales companies
Benelux large-cap activity swells in H1
Aggregate value of deals valued at more than €500m is approaching pre-crisis levels, based on H1 2018 figures
Ontex rejects PAI's takeover offer
Board of directors rejects offer on the basis that it undervalues Belgium-based Ontex
Parcom-backed BlueStar bolts on RH Offshore
GP acquired Star Group in 2011 in a management buyout and has now completed three bolt-ons
MPM et al. in €64m series-B for iTeos Therapeutics
Previous and new backers inject €64m in the cancer-focused biotechnology company
Ergon buys Beltaste-Vanreusel
GP draws equity from the €775m Ergon Capital Partners III fund, which held a final close in 2010
EQT, PSP Investments buy Azelis in >€2bn deal
Apax is likely to generate a multiple in excess of 3.5x on the sale of its majority stake
Gimv buys Ellis Gourmet Burger
Gimv invests in the burger chain alongside Belgian corporate Top Brands
Gilde Equity Management buys conTeyor in SBO
GP takes over from Down2Earth in backing the Belgian recycling and packaging business
Ontario Teachers' exits Bridon-Bekaert Ropes Group
OTPP sells 33% stake in Belgian wire and cable manufacturer BBRG to subsidiary Bekaert
Fortino hires Gimv principal De Troyer
In his new role, De Troyer will be responsible for sourcing and leading new investments
Benelux's biotech and pharma buyouts market in rude health
Buyout houses are becoming more attracted to assets in the Benelux biotech and pharma spaces, typically the preserve of venture capital investors
European Commission launches VentureEU
VentureEU is a venture capital funding programme backed by тЌ410m in fresh funding from the EU
Anchorage, CVC Credit Partners wholly acquire Ideal Standard
Lenders take over from Bain, concluding a restructuring process initiated in 2017
Value Creation, ABN Amro divest Ion-IP to Proximus
Sale of IT security business brings to an end a 10-year holding period for the vendors
Gilde Equity Management's Chemogas bolts on Stereo Group
Belgium-based Chemogas has acquired Malaysian sterilisation gases distributor Stereo Group
Carlyle sells The Sniffers to trade
Sale ends a holding period of six years for Carlyle, which bought the company in December 2011
Gimv acquires Impact from Humares
Belgian recruitment company will look to increase its geographical footprint under the GP's tenure
Insight in additional series-C round for Showpad
Insight Venture Partners injects $25m in the Belgian content activation platform company