E-Capital Equity Management

E-Capital Equity Management is a private equity firm based in Brussels, Belgium, that specializes in management buyouts, buy-ins, and growth capital investments in medium-sized companies. Founded in September 1999, the firm targets investments across various industry sectors in Belgium and neighboring countries. E-Capital typically invests between €4 million and €12 million in companies with annual revenues ranging from €10 million to €100 million and enterprise values of €10 million to €100 million. The firm generally aims to acquire a majority interest or a controlling minority interest in its portfolio companies.

Jerome Lamfalussy

Investment Partner

Thijs Mertens

Investment Manager

Yves Trouveroy

Investment Partner

Eric van Zuijlen

Investment Partner

12 past transactions

Oh! Green

Private Equity Round in 2015
Oh! Green has everything you need to garden, decorate your home and take care of your pets. In 1997, the HUBERT family moved their garden center from the village center of Saint-Georges-sur-Meuse to the motorway no. 5 of the E42 linking Liège to Namur. The concept of this gardening is unique: large size, very wide assortment, exclusivity of products, staging of products, covered nursery ... A few years later, and after a significant growth of its activity, the Hubert family nourishes the ambition to duplicate this model. It plans to create a chain of integrated garden centers in Belgium. In November 2008, to achieve this ambitious goal, the Hubert family partners with two private equity funds: E-Capital II and PENTAHOLD. With a view to having a national presence, this newly formed group bought different brands throughout the country: - 2009: acquisition of the COIN VERT gardening in Naninne (Province of Namur). - 2010: GOLDIE gardening in Louvain-La-Neuve (Province of Walloon Brabant) joins the group. - 2011: takeover of the gardening SUPERJARDIN of Tournai (orcq) (Province of Hainaut). The historic owner of this company, Mr Desmet, joins the group's shareholders, as well as its management. - 2012: acquisition of the garden center VIVE MON JARDIN of Gouvy Beho (Province of Luxembourg). In March 2011, to optimize communication and benefit from a common image, garden centers came under the name Oh! Green , created by the group's management. With these 5 stores, the group is present in all the Walloon provinces. And this is not over: his desire is to create or acquire other stores in the Walloon region to enjoy a strong presence. The aim is also to open several garden centers in the Flemish region so as to cover the entire Belgian territory.

Techno Metal Industrie

Acquisition in 2015
Techno Metal Industrie is a construction services provider based in Seilles, Belgium. The company specializes in metal construction and the erection of structural steel products, as well as the construction of prestressed or precast concrete. Additionally, it offers industrial boilers and piping solutions. Techno Metal Industrie operates from a centralized facility featuring three halls, ensuring complete vertical integration from design to installation. This structure enables the company to deliver quality construction services and equipment to its clients.
Chaudronneries & Tuyauteries Industrielles has Design, manufacture and assembly of all types of piping and boiler work, with installation and maintenance. Management of all types of fluids in all materials.

VB Beton

Acquisition in 2014
VB BETON has built up a solid reputation as a specialist in retaining walls and other concrete prefab elements, such as silo panels. The successful family business combines more than 2 decades of experience with a flexible attitude and modern equipment. The company is therefore market leader in BeNeLux and a leading partner in the German, French and Polish market with its 4 branches in Borgloon (B), Oss (NL), Aachen (D) and Marly (F). All VB BETON products are manufactured from high quality concrete with a quality C55 / 67, environmental class XA3, a low water cement factor. Every product produced in our production facility in Borgloon is KIWA-certified. This KIWA certification relates to BRL5070 and FCP in the context of CE. After all, the firm has its own mold construction department and delivers excellent customization in large and small quantities.

Cameleon

Private Equity Round in 2013
CAMELEON sets the benchmark for many families, being their go-to source for new clothes and home decor. Not to mention its fashion and trend-setting accessories, which can make all the difference to your wardrobe and home. In 1988, while still a student, Jean-Cédric van der Belen founded CAMELEON. He called on all the experience gleaned from private sales that he organised at private venues on weekends. This novel concept – private sales that were also open to the general public – has quickly proved to be very popular.

veronapro

Acquisition in 2010
VeronaPro Groep manufactures windows and doors. The company is based in Booischot, Belgium.

Global Impact

Acquisition in 2009
Global Impact develops a wide range of original textile articles: socks, stockings, tights, underwear, lingerie, nightwear, accessories ... We make it our business to give all our products an innovative touch. Both with regard to form and choice of materials we always search for originality. We work with the latest yarns, fabrics and production methods, while packaging and presentation are also given ample attention. Our in-house design department constantly keeps its finger on the pulse of the fashion world and designs trendy yet commercial concepts. Thanks to this specialisation, Global Impact has grown to become one of the leading companies in the sector.

Oh! Green

Private Equity Round in 2008
Oh! Green has everything you need to garden, decorate your home and take care of your pets. In 1997, the HUBERT family moved their garden center from the village center of Saint-Georges-sur-Meuse to the motorway no. 5 of the E42 linking Liège to Namur. The concept of this gardening is unique: large size, very wide assortment, exclusivity of products, staging of products, covered nursery ... A few years later, and after a significant growth of its activity, the Hubert family nourishes the ambition to duplicate this model. It plans to create a chain of integrated garden centers in Belgium. In November 2008, to achieve this ambitious goal, the Hubert family partners with two private equity funds: E-Capital II and PENTAHOLD. With a view to having a national presence, this newly formed group bought different brands throughout the country: - 2009: acquisition of the COIN VERT gardening in Naninne (Province of Namur). - 2010: GOLDIE gardening in Louvain-La-Neuve (Province of Walloon Brabant) joins the group. - 2011: takeover of the gardening SUPERJARDIN of Tournai (orcq) (Province of Hainaut). The historic owner of this company, Mr Desmet, joins the group's shareholders, as well as its management. - 2012: acquisition of the garden center VIVE MON JARDIN of Gouvy Beho (Province of Luxembourg). In March 2011, to optimize communication and benefit from a common image, garden centers came under the name Oh! Green , created by the group's management. With these 5 stores, the group is present in all the Walloon provinces. And this is not over: his desire is to create or acquire other stores in the Walloon region to enjoy a strong presence. The aim is also to open several garden centers in the Flemish region so as to cover the entire Belgian territory.

Sign & Facade

Acquisition in 2007
Sign & Facade is a producer of illuminated advertising signs and façade cladding. Sign & Facade from Diest is Belgium’s market leader in illuminated advertising and facade cladding. From 4 business locations in Belgium, the company has realised a wide range of recognisable concepts for a broad and loyal customer database in various sectors in Belgium and France. In 2016, the business achieved sales of more than € 19 million and an operating profit of more than € 3 million.

Euroglas-De Landtsheer

Acquisition in 2006
Euroglas - De Landtsheer is an independent family company that specializes in hardened and laminated safety glass with a predominantly decorative accent. Our market-oriented approach provides great flexibility in terms of production, delivery times and assembly. In 1995 the first curing oven in Bornem was purchased, this is an EFCO oven with curable dimensions: 1820 X 4500 mm

Teconex

Acquisition in 2005
Teconex is an undisputed leader in the field of low voltage electrical connection. It manufactures, imports and distributes over 7,000 standard products and custom-made technical solutions. Since 2011, Teconex has implemented a diversification strategy in applications such as charging stations for electric vehicles and LED lighting.

Kyriba

Seed Round in 2000
Kyriba Corp. develops cloud-based treasury management software solutions tailored for CFOs, treasurers, and financial professionals. The company offers a software-as-a-service (SaaS) platform that provides visibility and reporting to help optimize cash management, control bank accounts, manage liquidity, and ensure compliance. Kyriba's solutions include tools for financial risk management, working capital optimization, and a global multi-bank payment system for treasury and supplier payments. Additionally, Kyriba facilitates bank relationship management, payment management, and trade solutions to enhance operational efficiency. Founded in 2000 and headquartered in San Diego, California, Kyriba serves a diverse clientele ranging from mid-sized organizations to Fortune 500 companies, with offices in major global cities, including New York, Paris, London, Tokyo, and Dubai. The company focuses on automating financial operations, reducing the risk of fraud, and enabling better decision-making through advanced analytics.