Belgium
Pan-European GPs putting feet on the ground in Benelux
Pan-European GPs seek to tap Benelux's burgeoning buyout dealflow by securing talent familiar with the region
Ming et al. in €25m series-D round for Miracor Medical
Belgian public investors SFPI, SRIW and Meusinvest grant a non-dilutive cash advance
Riverside invests in Alter Pharma
GP is currently investing from its fifth fund, which targets businesses with EBITDA of €5-15m
Benelux funds specialise to compete with strategic buyers
Record level of commitments were secured by Benelux funds during 2017, with GPs increasingly turning to sector specialisation
HPE leads $19m series-C for NG Data
Other backers include Idinvest, Pamica, SmartFin, Capricorn and Nausicaa Ventures
Fortino holds €125m first close for second fund
New vehicle will expand the investment remit of the GP into more traditional market verticals
Emeram buys Meona and E.care
Newly created company will be jointly led by the management teams of Meona and E.care
CD&R to buy 40% stake in Belron group
Clayton Dubilier & Rice plans to acquire 40% of vehicle glass repair provider Belron
Alpha Private Equity buys Ipcom from Waterland
Acquirer uses Alpha Private Equity Fund 7, which closed on €903m earlier this year, to fund the acquisition
Gimv sells Luciad to Hexagon
Sale ends a four-year holding period for Gimv, which acquired the company in June 2013
Benelux open for business as trade sales recover
Nine months into 2017, the number of exits to trade buyers exceeds 2016's levels, reflecting healthy European corporate M&A activity
Gimv acquires 23.6% stake in Cegeka
GP plans to support the company's growth, both organically and by means of acquisitions
Riverside Europe collects €312m for fifth fund
Vehicle is still raising and currently €110m short of its €450m target, including GP commitments
Serena Capital leads €4m round for Elium
Government-backed Société Régionale d'Investissement de Wallonie (SRIW) also invested
Indufin sells Preflex Group to Wienerberger
Sale ends a 12-year holding period after a management buy-in worth around €10m in 2005
Benelux activity picks up in first half of 2017
Following a slow H2 in 2016, dealflow in the Benelux region is on the up with Belgium in particular seeing increasing activity
Halder-backed Aqua Vital buys Kalimba
Acquisition solves a succession problem for the company's founders, who started the business in 1996
Mentha mulling Optimum sale
Mentha Capital took a majority stake in Optimum in 2014, investing from Mentha Capital Fund IV
Ergon Capital acquires Keesing from Telegraaf for €150m
Ergon is investing through the €350m buyout vehicle Ergon Capital III, closed in 2010
Carlyle acquires ADB Safegate from PAI Partners
Carlyle is investing from its €3.75bn mid-market vehicle Carlyle Europe Partners IV, closed in 2015
Gimv invests €15m in Arseus Medical
GP will draw capital for the transaction from its €150m Health & Care Fund, closed in March 2014
AAC sells industrial water purifying firm Desotec to EQT
Media reports suggest the water and air decontamination business was valued at around 10x EBITDA
AAC Capital Partners acquires Verasol
Committed Capital acquired the veranda and garden room maker in 2009, investing through its first fund
Charterhouse takes majority stake in Serb
Deal will be the first ever buyout for the Belgian speciality pharmaceuticals group