We are a specialist private equity firm investing in Benelux SMEs, partnering with entrepreneurs, families and management teams, dedicated to grow companies to their next phase.
KeBeK Private Equity is an independent private equity firm. It was founded in 2012 by 4 Partners who joined forces after their time at the captive private equity arm of a large Belgian bank.
We invest in healthy small and medium-sized enterprises (SMEs) looking to grow to their next phase. Companies are based in the Benelux, often active in attractive niche segments, and have significant potential for value enhancement.
We focus on partnerships with families and entrepreneurs in “primary” deals. Next to supporting companies as a hands-on financial partner, transactions with KeBeK are often a solution for transition of capital and management, and an attractive alternative to keep independence.
4
funds
30+
portfolio company
investments
30+
add-on
acquisitions
20+
years of team
collaboration
Why KeBeK
Our mission is to support families, entrepreneurs and management teams, to grow their companies to the next phase of development. ~90% of our portfolio companies are deals where historical shareholders reinvested alongside KeBeK in a new partnership. In addition, transactions with KeBeK are often a solution for transition of capital and management.
KeBeK is backed by a broad investor base, consisting of Belgian, Dutch and international institutional investors, family offices and wealthy individuals being mainly entrepreneurs, that invested in 4 KeBeK funds since 2012.
Our strategy is focused on investing in profitable companies with sustainable business models and defendable market positions. SMEs (€1.5-10m EBITDA) are based in Belgium and The Netherlands, active across different sectors but often in attractive niche segments of proven industries, and have significant potential for value enhancement.
KeBeK invests equity tickets of typically €3–10m per investment, via majority or ‘majority-like’ positions with influence on the strategy, management and future exit. Transactions are mainly buyouts in different forms (LBO, OBO, MBO, MBI), but also growth equity, and have an investment horizon of around 5-7 years.
Every deal is approached with an entrepreneurial mind-set, and a no-nonsense, fair and sustainable approach. KeBeK also adopted a responsible investor approach including ESG criteria in its investment process and the monitoring of its investments.
When supporting companies and management teams, we focus on value creation strategies combining (i) organic growth, (ii) reinforcement of organizations, processes and systems, and (iii) M&A / buy-and-build or consolidation plays. KeBeK then acts as sounding board and supports in specific areas. Management in the “driving seat” is fully aligned with shareholders.
KeBeK’s team comprises 5 complementary professionals, of which 4 Partners working together for 20+ years since their time at the captive private equity arm of a large Belgian bank. They have a unique story in Benelux SMEs private equity, investments, funds and value cration strategies.
With around 30 acquisitions executed and over 30 add-ons realised since 2012, KeBeK has a demonstrated track-record of investing and creating (operational) value for its portfolio companies.