Indufin

Indufin Investment Fund N.V. is a private equity firm based in Heverlee, Belgium, with a focus on investments in the Netherlands, Belgium, and Luxembourg. Established in 2001 and operating as a subsidiary of De Eik N.V., the firm specializes in equity investments ranging from €3 million to €15 million per transaction. Indufin aims to support companies in generating stable cash flow for the long term, primarily targeting the business products and services sectors. The firm typically seeks majority or significant minority stakes in its portfolio companies, allowing for meaningful influence over operations and strategy.

Joris Rome

Partner

Jean-François Vryens

Co-Founder, Co-Owner and Managing Partner

Guy Wygaerts

Partner

9 past transactions

AXI

Private Equity Round in 2017
AXI N.V., based in Willebroek, Belgium, is an information technology company operating primarily in Belgium and the Netherlands. It specializes in providing innovative software solutions tailored for government institutions, healthcare organizations, and retail chains. The company's offerings include AXI Finance, a web-based financial package that automates administrative processes, and AXI BI applications that cater to various reporting needs. Additionally, AXI provides purchase order and invoice management solutions. Its services extend to the design, implementation, and management of multi-vendor hardware and networks, as well as the construction and management of digital portals. The company also offers managed and interim support services, along with solutions for migration, database management, disaster recovery, and data security. With a workforce of 230 employees, AXI is dedicated to enhancing operational efficiency in the public, healthcare, and retail sectors.

Veritas

Private Equity Round in 2015
Veritas NV is a retail company based in Kontich, Belgium, specializing in apparel and accessories. Founded in 1892, the company operates a network of stores that offer a diverse range of products, including clothing, handbags, legwear, and various creative assortments. Veritas is committed to providing customers with a wide selection of fashion items, ensuring a rich shopping experience that caters to various styles and preferences.

SecureLink

Private Equity Round in 2013
SecureLink is a security services provider that specializes in the design, implementation, and management of networking, security, and data center infrastructure solutions. Founded in 2003 and headquartered in Wommelgem, Belgium, with additional offices in the Netherlands, the company has established itself as a leading provider in Europe, employing approximately 550 individuals across several countries, including Denmark, Sweden, Norway, and the UK. SecureLink offers a comprehensive range of services, including Internet gateway solutions, enterprise LAN and WLAN services, core network services, virtual private networks, and various security measures such as threat prevention and email security. The company caters to the needs of corporations and mid-market institutions, helping them address complex security challenges and mitigate risk exposure while ensuring business continuity. As of June 2019, SecureLink operates as a subsidiary of Orange S.A.

HerbalGem

Acquisition in 2010
Herbalgem specializes in the development and commercialization of gemmotherapy remedies and herbal extracts. Established in 1986 and headquartered in Vielsalm, Belgium, the company focuses on creating concentrated supplements derived from fresh, organic buds. Its product range includes syrups, ointments, tinctures, and macerates, designed to support various health areas such as the immune and circulatory systems, as well as promoting relaxation, energy, and overall well-being. Herbalgem serves the pharmaceutical, nutraceutical, and cosmetic industries, providing herbal ingredients and formulations aimed at enhancing health and natural wellness.

Traficon International NV

Acquisition in 2008
Traficon International NV is a video detection technologies for traffic applications.

Actief

Acquisition in 2007
Actief Interim NV specializes in employment and staffing services, catering to both blue-collar and white-collar workers. The company focuses primarily on small and medium enterprises (SMEs), providing a professional link between labor supply and demand. Actief offers flexible and optimal staffing solutions, enabling businesses in the construction and service sectors to find skilled and experienced personnel tailored to their specific requirements. Through its services, Actief aims to support SMEs in effectively meeting their workforce needs.

Alphamin

Acquisition in 2006
Alphamin SA is a distributor of specialty polymers and waxes, serving customers globally since its establishment in 1991. The company offers a diverse range of products, including bitumen modifiers, synthetic and petroleum waxes, and various specialty polymers such as polyolefins and PVC impact modifiers. In addition to its product offerings, Alphamin provides adhesives, coatings, and sealants, along with research and development, product analysis, and technical support services. The company operates several warehouses across Europe and the United States and has emphasized a strong commitment to quality through its in-house laboratory, established in 1997. To better serve the Americas, Alphamin incorporated a wholly owned subsidiary in New Jersey in 2006. As of 2018, Alphamin operates as a subsidiary of Brenntag AG.

Preflexibel

Acquisition in 2005
Preflexibel NV manufactures prewired conduits for electrical installations. The company serves electricians through dealers in the Belgian and European markets. The company was founded in 1993 and is based in Ninove, Belgium with a registered office in Steenweg, Belgium. As of August 29, 2017, Preflexibel NV operates as a subsidiary of Wienerberger AG.

Bartech

Private Equity Round in 2002
Bartech Systems International Inc. specializes in the design, manufacture, and installation of automatic mini-bar solutions tailored for the hospitality industry. The company offers a range of products, including automatic and semi-automatic mini-bars, as well as customizable options suitable for hotels of varying sizes. Bartech’s integrated software enhances guest experience by posting consumption charges directly to guest folios, which increases accuracy and revenue while reducing labor costs. Operating in over 60 countries and installed in more than 100,000 hotel rooms worldwide, Bartech provides additional technical and operational consulting services that support various hotel functions such as housekeeping and front desk operations. Founded in 1988 and headquartered in Las Vegas, Nevada, Bartech aims to improve hotel operations and guest satisfaction through its innovative solutions.
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