Gimv

(Learn how and when to remove this message)
Gimv
Traded as
Euronext Brussels: GIMB
ISINBE0003699130
IndustryPrivate equity, venture capital
Founded25 February 1980
HeadquartersAntwerp, Belgium
Key people
Filip Dierckx, Chairman & Koen Dejonckheere, CEO
Number of employees
93 (per March 31, 2024)
Websitehttps://www.gimv.com/en

Gimv (Euronext Brussels: GIMB ) is a Belgian European investment company with experience in private equity and venture capital. Gimv is listed on Euronext Brussels and currently has  a portfolio of more than EUR 1.5 billion consisting of around 60 portfolio companies, with a combined turnover of EUR 4.0 billion and more than 20,000 employees.[1]

History

In 1980, the 'Gewestelijke Investeringsmaatschappij voor Vlaanderen' (GIMV) was established by the Flemish Government as the regional successor to the National Investment Company (NIM) on the initiative of Marc Galle. Initially its goal was to support only Flemish companies in their expansion and international growth, but this was later expanded to include companies based in neighboring countries.

Shareholdership

With just over a quarter of the shares (27.81%), Vlaamse Participatiemaatschappij NV (VPM) was the largest shareholder. On November 30, 2023, the Flemish Government and WorxInvest announced that they had reached an agreement on the full acquisition of VPM's stake in Gimv[2]. This transaction was completed on May 21, 2024 and Hilde Laga resigned as director nominated by VPM and chairman of Gimv and Filip Dierckx was co-opted as a new director and designated as the new chairman of Gimv[3]. His co-option was confirmed at the next general meeting of Gimv[4]. WorxInvest is the majority shareholder of SD Worx.

Activities

Gimv considers itself more than just a provider of capital, it also acts as an active shareholder. Gimv identifies entrepreneurial and innovative companies with high-growth potential. Gimv’s five investment platforms are: Consumer, Life Sciences, Healthcare, Smart Industries and Sustainable Cities.[5] Because of the available capital and the need for diversification, Gimv prefers to work with companies that have capital needs of between € 5 million and € 75 million. The companies must be based in the Benelux, France or German-speaking countries. Gimv employed 93 people at 31 March 2024[6].

Governance

Term Chairman
1980 - 1999 Raynier van Outryve d'Ydewalle
1999 - 2011 Herman Daems
2011 - 2016 Urbain Vandeurzen
2016 - 2024 Hilde Laga
2024 - present Filip Dierckx
Term CEO
1980 - 2001 Gerard Van Acker
2001 - 2008 Dirk Boogmans
2008 - present Koen Dejonckheere

References

  1. ^ "Gimv Annual Report 2023-2024". 2024-09-16.
  2. ^ "Gimv welcomes WorxInvest as new reference shareholder". Retrieved 2023-11-30.
  3. ^ "Acquisition of VPM stake by WorxInvest finalised". Retrieved 2024-05-21.
  4. ^ "Report of the Gimv general meeting". Retrieved 2024-06-26.
  5. ^ "Gimv investment platforms". 2024-09-16.
  6. ^ "Gimv Annual Report 2023-24". Retrieved 2024-09-16.

Official website

  • v
  • t
  • e
Private equity and venture capital
Investment types
  • Buyout
    • Leveraged
  • Venture
  • Mezzanine
  • Growth
  • Secondaries
  • Equity co-investment
History
Terms and
concepts
Buyout
Venture
Structure
Investors
Related
financial terms
Authority control databases Edit this at Wikidata
  • VIAF


Stub icon

This bank, insurance, or other financial services corporation article is a stub. You can help Wikipedia by expanding it.

  • v
  • t
  • e