Investment Summary

GIMV Invests In Variass

On May 18, 2022, private equity firm GIMV invested in electronics company Variass

Investment Highlights
  • This is GIMV’s 3rd transaction in the Electronics sector.
  • This is GIMV’s 38th transaction in the Netherlands.

Investment Summary

Date 2022-05-18
Target Variass
Sector Electronics
Investor(s) GIMV
Deal Type Growth Capital

Target

Variass

Veendam, Netherlands
Variass is a supplier of technology intensive electronic and mechatronic products and systems. The company focuses on the “high-mix, low-volume, high-complexity” segment and supports customers in product development, industrialization, (series) production, logistics and lifecycle management. Variass was founded in 1989 and is based in Veendam, Netherlands.

Search 214,503 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

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 151 of 170
Sector: Electronics M&A 3 of 3
Type: Growth Capital M&A Deals 26 of 34
Country: Netherlands M&A 38 of 42
Year: 2022 M&A 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-22 BioConnection

Oss, Netherlands

BioConnection is a niche contract development and manufacturing organization (CDMO) focused on fill and finish and freeze-drying of injectable (bio)pharmaceutical products. BioConnection was founded in 2005 and is based in Oss, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-24 Variotech

Nordhorn, Germany

Variotech is a manufacturer of innovative workpiece carriers, which are primarily used in fully automated manufacturing processes for transporting and handling components of various forms and sizes. The company’s customized products predominantly comprise reusable, exceptionally durable workpiece carriers that are manufactured almost exclusively from recycled materials by thermoforming. Variotech was founded in 1998 and is based in Nordhorn, Germany.

Buy -