Impact Expansion-backed BeliVert completed the acquisition of Ingelec.

Impact Expansion-backed BeliVert, a Belgian group with a strong regional presence across West Flanders, East Flanders, and Antwerp, completed the acquisition of Ingelec, a provider of a range of services in the industrial electrical and security sectors. Financial terms were not disclosed. “It was a real pleasure to be supported by the dynamic team at BDO throughout the sale process. Their professionalism, advice, expertise, and deep understanding of our sector were major assets in completing this strategic operation. Thanks to BDO's support, we were able to finalize this transaction under the best possible conditions,” Frédéric Labis, Ingelec Founder and CEO.