Investment Summary

Pentahold Exits Advipro

On June 1, 2022, Normec invested in business services company Advipro from Pentahold

Investment Highlights
  • This is Normec’s 1st transaction in the Business Services sector.
  • This is Normec’s 1st transaction in Belgium.

Investment Summary

Date 2022-06-01
Target Advipro
Sector Business Services
Investor(s) Normec
Sellers(s) Pentahold
Deal Type Add-on Acquisition

Target

Advipro

Lille, Belgium
Advipro is a provider of GxP services in the life science industry. Advipro was founded in 2003 and is based in Lille, Belgium.

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Investor(S) 1

Investor

Normec

Utrecht, Netherlands

Category Company
Founded 2015
Sector Business Services
Employees3,000
DESCRIPTION

Normec is active in the field of testing, inspecting, certification, and compliance mainly in the Netherlands, Belgium, and Germany. Normec assesses and supports the quality and safety of materials, systems, and products by conducting independent audits, tests, and inspections based on accredited methods. As an independent organization, the work of Normec includes taking care of the quality and safety of their clients’ materials, systems, and products. Normec operates in the Life Safety & Environment and Food & Agriculture segments. Normec was formed in 2015 and is based in Utrecht, Netherlands.


DEAL STATS #
Overall 1 of 7
Sector: Business Services M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 6
Country: Belgium M&A 1 of 1
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-26 Latis

Crayford, United Kingdom

Latis is a provider of environmental and water testing services for a wide range of industries. Latis is based in Crayford, United Kingdom.

Buy -

Seller(S) 1

SELLER

Pentahold

Nazareth, Israel

Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 125M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Pentahold NV is an independent industrial holding firm that targets small and mid-sized companies throughout the Benelux region. Pentahold looks to provide equity or the combination equity/mezzanine financing when making investments. Pentahold will consider both majority and minority stakes in portfolio companies. Pentahold NV was formed in 2006 and is based in Zaventem, Belgium.


DEAL STATS #
Overall 8 of 8
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Belgium M&A 7 of 7
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-02 Devan Chemicals

Greenville, South Carolina, United States

Devan Chemicals is a provider in the development, manufacturing, and sales of textile auxiliaries and specialty chemicals. Devan Chemicals was founded in 2005 and is based in Greenville, South Carolina.

Sell -