This is our

Portfolio

Supporting ambition, driving growth

We partner with financially sound, growth-driven SMEs with an EBITDA of €2 million or more, that show strong potential and clear strategic ambition. As an active partner, we help them scale through hands-on support, capital, and a strong network.

We look for opportunities in 5 key areas where long-term impact and innovation go hand in hand: sustainability and energy transition, smart manufacturing, professional services, health and wellbeing, and logistics and mobility.

Explore our dynamic portfolio below and tune in occasionally to see how it is progressing.

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Filter portfolio:
14
Status

Active

Entry

2023

Type

Direct Investment

Investment theme

Health and wellbeing

Bophas Groep

Enabling safe, high-quality and affordable healthcare

About

Bophas Groep, formed by the merger of Farmazorg and Bophas and based in Belgium, provides healthcare solutions via Individual Medication Preparation, Unit Dose Dispensing, and medical aids delivery. Its digital supply chain and smart platform boost safety, efficiency, and affordability, addressing staff shortages, aging populations, and rising care demands.

Vytech Group
Status

Active

Entry

2017

Type

Direct Investment

Investment theme

Technical and professional services

Vytech Group

Customized industrial service and solutions.

About

Vytech Group is a unique Belgian technical service provider with over 30 years of experience. It provides customized A-Z industrial solutions for manufacturing companies across various sectors. Services range from engineering, electrical installations, automation and manufacturing software to relocation, maintenance, machine building and steel construction.

Sticomax
Status

Active

Entry

2020

Type

Direct Investment

Investment theme

Smart manufacturing and Industry 4.0

Sticomax Holding

Expert in high-quality and hygienic machines for the food industry.

About

Sticomax Holding, founded in 2023 and headquartered in Staden, supplies high-quality, hygienic machines, constructions, systems, and services for the food industry. As a one-stop partner, Sticomax combines in-house engineering, automation, and advanced surface treatment to deliver efficient, safe, tailor-made solutions for global food producers.

VYDRAULICS
Status

Active

Entry

2019

Type

Direct Investment

Investment theme

Smart manufacturing and Industry 4.0

Vydraulics Group

Building the most efficient and customer-centered independent Benelux player in motion control.

About

Vydraulics, established in 2019 and headquartered in Dadizele, Belgium, is a leading provider of turnkey motion, control, and process systems. The group delivers high-quality solutions, from design and manufacturing to commissioning and maintenance. Key industries include offshore, maritime, energy, infrastructure, and heavy industry.

Liquinova Group
Status

Active

Entry

2019

Type

Direct Investment

Investment theme

Smart manufacturing and Industry 4.0

Liquinova Group

From filling to finish: complete solutions for liquid food and beverage packaging.

About

Liquinova Group is a full-service partner for filling and end-of-line packaging in the liquid food and beverage market. Combining automation, robotics, and engineering, it delivers integrated, turnkey solutions for breweries and beverage producers worldwide.

Intermat NV
Status

Active

Entry

2024

Type

Direct Investment

Investment theme

Smart manufacturing and Industry 4.0, Technical and professional services

Intermat Group

One-stop-shop for specialist machinery, equipment and advice for construction sites.

About

Intermat Group is a Belgian construction group supporting construction and industrial sites with scaffolding, equipment, and logistics. With technical expertise, professional support, and economies of scale, the group delivers safe, high-quality, efficient solutions for projects from small renovations to complex industrial sites.

Envirosoil Vysoil
Status

Active

Entry

2024

Type

Direct Investment

Investment theme

Sustainability and energy transition, Technical and professional services

Vysoil

Expert in environmental consultancy for public and private sectors.

About

Vysoil offers comprehensive soil and environmental consultancy services with over 30 years of expertise. The group provides tailored soil surveys, remediation, risk assessments, and project coordination, combining technical excellence with client-focused communication to deliver sustainable, compliant solutions across Belgium.

jaga
Status

Active

Entry

2025

Type

Direct Investment

Investment theme

Sustainability and energy transition

Jaga

Climate designers for healthy indoor and outdoor environments.

About

Founded in 1962, Jaga is a globally recognized designer and manufacturer of climate solutions (HVAC) made in Belgium. The company is celebrated globally for its focus on sustainability, design, and innovation. Jaga’s mission is to combine advanced technology with eco-friendly design to create solutions that enhance comfort and sustainability.

E POWER
Status

Active

Entry

2022

Type

Direct Investment

Investment theme

Sustainability and energy transition

E-Power Group

A versatile provider of mobile, temporary or emergency power units.

About

E-Power designs, builds, and maintains gensets for mobile and temporary use, offering diesel, battery, hydrogen, or hybrid solutions and specializes in larger stationary emergency-power installations. Serving industries across Europe, including agriculture, emergency services, construction, and offshore, it ensures power in grid-limited areas.

Ludo NV / Guru Cycling
Status

Active

Entry

2023

Type

Direct Investment

Investment theme

Health and wellbeing

Ludo NV

Gearing up for international expansion.

About

Ludo NV, parent company of Granville Bikes and Urban Jungle Bikes, specializes in high-quality e-bikes with in-house design, research and development, and Europe-wide distribution. In 2024, it launched Urban Jungle, a stylish e-MTB for young urban commuters. Ludo is expanding into urban mobility bikes through organic growth and strategic acquisitions.

EMI Group
Status

Active

Entry

2021

Type

Co-investment

Investment theme

Technical and professional services

EMI Group

A specialized collective for advanced access and maintenance solutions

About

Founded in 2000 and based in Belgium, EMI Group is a collective of specialized companies providing advanced, customer-focused access and maintenance solutions. With over 200 professionals across Belgium, Romania, and Slovakia, EMI delivers tailored, high-quality, and innovative services throughout the entire lifecycle of access systems.

Mark Twain
Status

Active

Type

Co-investment

Investment theme

Technical and professional services

Mark Twain International Education Srl

Nurture confident, compassionate, and globally minded leaders

About

Mark Twain International School (MTIS), founded in 1995 in Bucharest, is one of Romania’s oldest private schools. Serving 600+ students from over 60 nationalities, MTIS offers accredited IB, Cambridge, and bilingual programs. Its new €10M campus in 2025 fosters rigorous academics and holistic, student-centered learning.

Embryos fertility clinc
Status

Active

Type

Co-investment

Investment theme

Health and wellbeing

Embryos Fertility Clinic

Build families through advanced, safe, and personalized fertility care.

About

Embryos Fertility Clinic, based in Bucharest, is a leading center for assisted reproductive technologies. Founded by experienced specialists, it offers IVF, ICSI, PGT, and fertility preservation. With advanced labs, a dedicated team, and personalized care, it supports local and international patients on their fertility journey, delivering high success rates.

Bossuyt
Status

Past

Exit

2025

Type

Direct Investment

Investment theme

Technical and professional services

Bossuyt Kitchen

Custom kitchens for professional chefs

About

Bossuyt Kitchen, with 100 years of experience, is a leading manufacturer of custom stainless-steel kitchens for professional chefs. Producing its own induction cookers with top chefs and designers, it delivers high-quality, innovative, tailored kitchen solutions for hospitality, institutions, businesses, and private clients.

GEOXYZ
Status

Past

Exit

2023

Type

Direct Investment

Investment theme

Sustainability and energy transition, Technical and professional services

GEOxyz

Full-service geotechnical and geophysical solutions across land, air, and water

About

GEOxyz, originally a land surveyor, now provides full-service geotechnical and geophysical solutions across land, air, and water. Specializing in marine surveys and offshore renewable support, it delivers critical data for infrastructure design and maintenance, including site investigations, asset integrity, land surveys, and UXO risk management.

TMS
Status

Past

Exit

2023

Type

Direct Investment

Investment theme

Sustainability and energy transition, Technical and professional services

TMS

Leader in industrial maintenance

About

TMS Industrial Services, a leader in industrial maintenance, employs 1,000+ technicians and operates 30,000 m² of facilities across Belgium, The Netherlands, and Southeastern Europe. It supports medium and large clients in chemical, food and waste processing, energy, and logistics, specializing in maintenance, construction and piping, and installation.