Investment Summary

GIMV Invests In Alro Group

On June 18, 2019, private equity firm GIMV invested in automotive company Alro Group

Investment Highlights
  • This is GIMV’s 5th transaction in the Automotive sector.
  • This is GIMV’s 40th transaction in Belgium.

Investment Summary

Date 2019-06-18
Target Alro Group
Sector Automotive
Investor(s) GIMV
Deal Type Growth Capital

Target

Alro Group

Dilsen-Stokkem, Belgium
Alro Group provides an industrial coating of car and truck parts. Alro Group was founded in 1976 and is based in Dilsen-Stokkem, Belgium.

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Investor(S) 1

Investor

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 131 of 170
Sector: Automotive M&A 5 of 5
Type: Growth Capital M&A Deals 20 of 34
Country: Belgium M&A 40 of 50
Year: 2019 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 Smart Battery Solutions

Kleinostheim, Germany

Smart Battery Solutions develops, manufactures and sells lithium-ion battery systems in the low voltage segment up to 60 volts. The product range covers the entire value chain, from the customer-specific assembly of externally produced batteries to the development and production of intelligent energy storage systems and charging technologies. Smart Battery Solutions was founded in 2010 and is based in Kleinostheim, Germany.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Studiekring

Utrecht, Netherlands

Studiekring is a nationwide organization offering supportive education to Dutch youth in cooperation with schools and teachers. Studiekring uses a well-balanced method to improve the study skills of the student and to eliminate knowledge gaps. Studiekring was founded in 2000 and is based in Utrecht, Netherlands.

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