M&A Deal Summary

GIMV Acquires Verkley

On March 17, 2021, private equity firm GIMV acquired business services company Verkley from PMH Investments

Acquisition Highlights
  • This is GIMV’s 9th transaction in the Business Services sector.
  • This is GIMV’s 36th transaction in the Netherlands.

M&A Deal Summary

Date 2021-03-17
Target Verkley
Sector Business Services
Buyer(s) GIMV
Sellers(s) PMH Investments
Deal Type Secondary Buyout

Target

Verkley

Drachten, Netherlands
Verkley specializes in building and maintaining underground cable and pipeline networks for energy and water. Next to that Verkley specializes in consultancy, engineering, and project management for cable and pipeline networks. Verkley was founded in 1964 and is based in Drachten, Netherlands.

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Buyer(S) 1

Buyer

GIMV

Antwerp, Belgium

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1980
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.


DEAL STATS #
Overall 142 of 170
Sector: Business Services M&A 9 of 14
Type: Secondary Buyout M&A Deals 24 of 28
Country: Netherlands M&A 36 of 42
Year: 2021 M&A 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 sofatutor

Berlin, Germany

sofatutor is a digital education platform that provides concise learning content as private tuition for school and university when grades take a dive. For a monthly fee, the platform offers video tutorials, comprehensive worksheets, and interactive modules to study for exams and to make complex topics easy to understand. sofatutor was founded in 2009 and is based in Berlin, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Apraxon

Hofbieber, Germany

Apraxon is a homecare provider focusing on wound care services. Typical wound indications include decubitus, diabetic foot or ulcus cruris. Apraxon is based in Hofbieber, Germany.

Buy -

Seller(S) 1

DESCRIPTION

PMH Investments is a growth capital investor focused on supporting companies throughout the Netherlands. The Firm seeks to commit €500k to €5 million in a variety of sectors, including manufacturing, food, agritech, renewable energy, technology, chemicals, distribution, and business services. PMH principally considers growth phase companies as well mature businesses with further growth potential/improvement. PMH Investments was established in 2001 and is based in Heerenveen, the Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-09 Xantara-it

Rijswijk, Netherlands

Xantara-it is specialized in managing operating systems such as linux, in databases such as oracle, posgresql and SQl Server. Xantara-it manage various applications, both standard applications and uniquely built applications. Xantara-it was founded in 2014 and is based in Rijswijk, Netherlands.

Buy -