Announced
Financials
Tags
Private
Belgium
private equity
venture capital
Private Equity
Acquisition
Domestic
Private Equity
Majority
Friendly
Single Bidder
Pending
Synopsis
WorxInvest, an investment firm, agreed to acquire Gimv, a European investment company, from Flemish Participation Company VPM, a public investment company, for €375m. “We are very pleased to announce this transaction, which marks a new milestone for WorxInvest. We have a lot of respect for Gimv’s achievements and the strength of its CEO and management team, and we look forward to working together to create value for all stakeholders. We believe that Gimv has a unique position in the European investment landscape, and we are proud to contribute to its future success. As an active reference shareholder of Gimv, WorxInvest will fully support Gimv’s activities and provide continuity and anchorage in Flanders. WorxInvest is committed to fostering a collaborative and mutually beneficial partnership with Gimv in alignment with its strategic objectives and European growth ambitions, while respecting Gimv’s governance,” Filip Dierckx, WorxInvest Executive Chairman.
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