Viewing posts from : octobre 2010



E-Capital will launch in 2011 its third fund, E-Capital III

E-Capital will launch in 2011 its third fund, E-Capital III.
Target commitment will be 80 M€ with a hard cap at 100 M€. E-Capital III will invest between € 4 and 10 Mio per investment, therefore aiming at a total portfolio of 10 to 12 companies.
It will make equity and quasi-equity investments in non-listed Belgian companies with a turnover between € 7.5 and 50 Mio or with an enterprise value between € 10 and 50 Mio. The Fund will privilege investments in proximity businesses with buy-and-build opportunities or business with major organic growth opportunities, both areas where it has experienced favourable returns.
It will be managed by E-Capital Partners, its General Partner, and advised by E‑Capital Equity Management, the advisory company of the E-Capital funds. The partners of E‑Capital have advised the previous E‑Capital funds since 2004 on 12 buyout transactions (19 including the add-ons).

E-Capital II becomes shareholder of Verona

E-Capital II, alongside the founder, Ronald Vetters, and the CEO, Stefan De Vries, becomes shareholder of Verona, one of the largest producer and distributor of high quality PVC and aluminium window and doors in Belgium. The company operates in both the new construction and renovation segments. The company sells his products through a number of showrooms (currently Asse, Beveren, Booischot, Hasselt and Westmalle) which cover almost the entire Flanders region expect Western Flanders and south part of Flemish Brabant.
All shareholders are committed to a growth strategy that will be done by means of geographical expansion (via new showrooms or acquisitions) and broadening of the current assortment with complementary products.