Investment Summary

Fortino Capital Invests In TrendMiner

On December 29, 2015, venture capital firm Fortino Capital invested in software company TrendMiner

Investment Highlights
  • This is Fortino Capital’s 3rd transaction in the Software sector.
  • This is Fortino Capital’s 4th transaction in Belgium.
Investment Fate
  • TrendMiner was sold to a strategic buyer in 2018.
  • TrendMiner was divested to a consortium of strategic buyers in 2024.

Investment Summary

Date 2015-12-29
Target TrendMiner
Sector Software
Investor(s) Fortino Capital
Deal Type Venture

Target

TrendMiner

Hasselt, Belgium
TrendMiner is an industrial analytics company providing visual data analytics for manufacturing and processing industries. The company software is based on a high-performance analytics engine for processing data captured in time series. TrendMiner was founded in 2008 and is based in Hasselt, Belgium.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Fortino Capital

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 2013
PE ASSETS 340M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Fortino Capital is an early to later stage investment firm focused on providing growth capital to small and medium-sized companies in the Benelux region of Europe. The Firm's venture unit looks to invest €1 to €5 million for majority stakes in software and e-commerce companies with proven products/traction. The Firm's growth capital unit invests in ambitious scale-ups and more mature business (SMEs) which are challenged by industry innovation and organization change. Fortino's growth unit looks to invest €5 to €25 million for majority or minority positions. Fortino Capital was formed in 2013 and is headquartered in Zaventem, Belgium.


DEAL STATS #
Overall 7 of 29
Sector: Software M&A 3 of 14
Type: Venture M&A Deals 5 of 9
Country: Belgium M&A 4 of 12
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Melita

Mriehel By-Pass, Malta

Melita is a provider of high-speed broadband and mobile services as well as a premium TV to households and businesses connected to its state-of-the-art telecom network in Malta. It owns and operates a fully invested, over 1,600km long HFC network as well as a 5G-ready mobile network with its own tower and small cell footprint. Melita was founded in 1991 and is based in Mriehel By-Pass, Malta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-29 ONI

Lisboa, Portugal

ONI is a provider of voice, data, and Internet services. ONI also possesses its own fiber-optic network that covers 35,000 kilometers in Portugal, as well as two licenses to supply FWA direct access. ONI was founded in 1998 and is based in Lisboa, Portugal.

Buy -