.
MergerLinks Header Logo

New Deal


Announced

WorxInvest to acquire Gimv from Flemish Participation Company VPM for €375m.

Financials

Edit Data
Transaction Value£324m
Consideration TypeCash
Capital Owned-
Capital Bid For28%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Belgium

private equity

venture capital

Private Equity

Acquisition

Domestic

Private Equity

Majority

Friendly

Single Bidder

Pending

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US