Beluga NV

Beluga NV is a private equity and venture capital firm based in Ternat, Belgium, founded in 1998. The firm focuses on investments in mid venture, late venture, middle market, and mature companies across various sectors, primarily in the Flanders region. Beluga NV typically invests between €0.25 million and €2.5 million for minority stakes in both public and private companies. It targets businesses with enterprise values ranging from €1 million to €250 million, sales values between €0.25 million and €500 million, and EBITDA values from €1 million to €100 million. The firm aims to support growth capital, later-stage investments, and buyouts, managing a diversified portfolio to achieve its investment goals.

Bruno Lippens

MD