Growth Capital • Electronics

GIMV Invests In Variass

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

Investment Context

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

Explore All 84 Growth Capital Electronics Deals - Search the Database Free

Investment Summary
Date	May 18, 2022
Target	Variass
Sector	Electronics
Investor(s)	GIMV
Deal Type	Growth Capital

Target Company

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.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Investor Overview 1

Investor

GIMV

Antwerp, Belgium

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 Context for Investor	#
Overall	151 of 170
Sector: Electronics	3 of 3
Type: Growth Capital	26 of 34
Country: Netherlands	38 of 42
Year: 2022	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	-

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	-

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

Explore Related M&A Activity

Electronics M&A - Growth Capital M&A Deals - Netherlands M&A - 2022 M&A