Search recent transactions where the target is based in Belgium. Disclosed and estimated figures are kept separate, and every record links back to a supporting source where available.
| Target | Buyer / Investor | Sector | Geo | Transaction size | EV / EBITDA |
|---|---|---|---|---|---|
| Twikey | Smile Sail | Financial Technology (Fintech) (NEC) | $30.2M – $40.8M | 11× – 14× | |
| APO2370 BV | Victor Duyts, Isabeau Steemans, Katrien Schellekens | Hospitals, Clinics & Primary Care Services | $4.0M – $5.4M | 5× – 6× | |
| Fourtold | Excellera, Intermediate Capital Group (ICG) | Professional Information Services (NEC) | $9.2M – $12.4M | 6× – 8× | |
| Hippodrome de Wallonie | Event Video Sport | Horse & Dog Race Tracks | $0.5M | 3× – 4× | |
| Blanckaert Accountancy | Vandelanotte | Corporate Accounting Services | $1.2M – $1.6M | 6× – 7× | |
| Project ONE petrochemical facility | INEOS Group | Commodity Chemicals (NEC) | $4,865M | 9× – 12× | |
| Azelis Group NV | UBS Group AG | Specialty Chemicals (NEC) | $251M – $339M | 8× – 11× | |
| cApStAn Linguistic Quality Control | Enovate | Miscellaneous Educational Service Providers | $5.8M – $7.8M | 6× – 8× | |
| TechWolf | SAP | Programming Software & Testing Tools | $200M | n/m | |
| Marie’s Corner | Shape Group, Nicolas Bindels, Hadrien Bindels, Youri Tolstoy | Luxury Furnishing | $24.0M – $32.0M | 5× – 7× |
Bins are observed deal frequencies across disclosed transactions. Use as a directional reference, not a target valuation.
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