- Add-on: Bolster Investment Partners supports Optima Cycles in acquiring Leeflang Poedercoating, strengthening its expertise in powder coating for electric bike frames in the Netherlands.
- Add-on: UI Investissement backs TAKOMA in acquiring Excellens Formation, a French training organization specializing in civil service and nonprofit sectors.
- Acquisition: Business Growth Fund (BGF) invests in Paperchase Accountancy, a UK-based provider of accounting services for the hospitality sector.
- Exit: Mimir Invest sells Si-Glass, a Norwegian producer of safety and laminated glass, to Beslagsspecialisten, a specialist in construction and hardware equipment.
Bolster Investment Partners
Add-on: Leeflang Poedercoating Joins Electric Bike Manufacturer Optima Cycles
Backed by Bolster Investment Partners, Optima Cycles (€74 million of revenue in 2022, North Holland / NLD), a company which manufactures and distributes high-quality electric bicycles under the Dutch ID and Lovens brands, has acquired Leeflang Poedercoating (South Holland / NLD), a company specializing in the powder coating of bicycle frames and components, as well as steel doors, door handles, table legs and much more. Optima thus reinforces the quality and flexibility of its products by integrating this powder coating expertise into its production process for electric and cargo bikes. Following this transaction, Leeflang will now operate under the name Optima Cycles Coating.
Bolster Investment Partners, press release
UI Investissement
Add-on: TAKOMA Acquires Civil Service Training Organization Excellens Formation
Majority-owned by UI Investissement and supported by Esfin Gestion, TAKOMA (c. €20 million of revenue in 2022, Île-de-France / FRA), a company specializing in the creation of personalized training content in the fields of digital learning, marketing and communication, information management and on-site training, acquires Excellens Formation (€5 million of revenue in 2024, Île-de-France / FRA), a professional training organization serving civil service personnel and associative organizations. This merger will allow TAKOMA to strengthen its presence in the civil service training market and expand its offering with the digital learning expertise of Excellens Formation.
UI Investissement, press release
Business Growth Fund (BGF)
Acquisition: BGF Invests in Provider of Accounting Services for the Hospitality Sector Paperchase Accountancy
Business Growth Fund (BGF) announces a minority investment in Paperchase Accountancy (London / ENG), a specialist accountancy services company for the hospitality sector, offering a full range of services including day-to-day financial management, strategic consulting, financial analysis and fundraising support for a variety of establishments, including Michelin-starred restaurants, fast-food chains, hotels and other customer experience businesses. This investment will enable Paperchase to leverage advanced technologies and strategic data to better serve its customers and accelerate growth.
Business Growth Fund, press release
Mimir Invest
Exit: Mimir Invest Sells Safety and Laminated Glass Producer Si-Glass
Mimir Invest announces the sale of Si-Glass (Western Norway / NOR), a company specializing in the production of tempered and laminated safety glass for the construction, industrial, marine and offshore sectors, to Beslagsspecialisten (Western Norway / NOR), a company specializing in the supply of hardware, including screws, bolts, building accessories and domestic plumbing equipment. Under Mimir’s leadership since 2020, Si-Glass has strengthened its market position, improved its operations and enriched its customer offering. This sale will transform the company and prepare it for a new phase of growth.
Mimir Invest, press release