Dealert Deals Belgium
Country · Belgium

Recent M&A deals in Belgium

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.

Deals in this slice
1,136
Public & account-only records combined
Year range
2026
Across the visible recent transactions
Shown below
10
Up to 10 recent records, newest first
Account benefit
Full
All records, filters & exports
Recent transactions

Public snapshots in Belgium

Target Buyer / Investor Sector Geo Transaction size EV / EBITDA
Proxy Delhaize Lichtervelde Emiel Bruggeman, Billy Deprez Supermarkets & Convenience Stores $2.6M – $3.5M 5× – 6×
Azelis Group NV UBS Group AG Specialty Chemicals (NEC) $120M – $162M 8× – 11×
AutoRepairGroup Intera Partners-backed Suvia Group Automotive Body Parts $47.0M – $63.5M 6× – 8×
BP Interieur Design BV Key employees, internal management team, strategic investors Home Furnishings (NEC) $4.2M – $5.7M 5× – 6×
Mareteam BV Frachtcontor Junge Marine Logistics $6.7M – $9.1M 6× – 8×
AutoRepairGroup Suvia Group, Intera Partners Auto & Truck Manufacturers (NEC) $47.5M – $64.3M 6× – 8×
Kempische Rijscholen Groep, Otto, Fury Via Partners, network of investors Miscellaneous Educational Service Providers $7.3M – $9.9M 5× – 7×
Act With Care Esprit ICT, Avedon Capital Partners Home Healthcare Services $9.0M – $12.0M 6× – 8×
Amadeus Alychlo, Marc Coucke Food Retail & Distribution (NEC) $11.0M – $14.9M 5× – 7×
V2i Phenna Group Testing Laboratories $7.8M 6× – 8×
Showing 10 of 1,136 records in this slice. Create a free account for the full view.
Valuations

Valuation multiples in Belgium

Bins are observed deal frequencies across disclosed transactions. Use as a directional reference, not a target valuation.

Mature companies

EV / EBITDA

5.5×
18
6.0×
35
6.5×
29
7.0×
38
7.5×
35
8.0×
28
8.5×
34
9.0×
20
9.5×
13
10.0×
17
10.5×
11
11.0×
2
11.5×
4
12.0×
7
12.5×
3
13.0×
5
13.5×
1
14.0×
5
14.5×
2
15.0×
5
15.5×
2
16.0×
2
16.5×
2
17.0×
4
17.5×
1
18.0×
2
20.0×
4
Mean
8.91×
Median
8.18×
P25
7.00×
P75
9.71×
P90
13.13×

EV / EBIT

7.0×
1
7.5×
19
8.0×
28
8.5×
23
9.0×
27
9.5×
25
10.0×
29
10.5×
28
11.0×
33
11.5×
11
12.0×
11
12.5×
13
13.0×
15
13.5×
5
14.0×
6
15.0×
4
15.5×
2
16.0×
5
17.0×
6
18.0×
2
18.5×
5
19.0×
2
19.5×
1
20.0×
7
21.0×
3
22.5×
1
24.0×
3
25.0×
2
25.5×
1
26.0×
3
26.5×
1
27.0×
1
29.0×
2
29.5×
1
Mean
11.91×
Median
10.69×
P25
9.19×
P75
12.77×
P90
18.37×

EV / Revenue

0.5×
56
0.8×
70
1.0×
60
1.3×
26
1.5×
25
1.8×
14
2.0×
12
2.3×
4
2.5×
9
2.8×
10
3.0×
4
3.3×
5
3.5×
3
3.8×
1
4.0×
2
4.3×
4
4.5×
3
4.8×
2
5.0×
2
5.3×
2
5.5×
5
6.0×
4
6.5×
3
7.0×
2
Mean
1.67×
Median
1.14×
P25
0.81×
P75
1.91×
P90
3.46×
Early-stage & growth companies

EV / Revenue

1.0×
4
1.3×
3
1.5×
2
2.5×
1
3.0×
3
3.3×
1
3.5×
1
3.8×
4
4.3×
1
4.5×
3
4.8×
1
5.0×
1
5.3×
1
5.5×
1
5.8×
3
6.0×
4
6.3×
1
6.5×
2
7.0×
1
7.3×
3
7.5×
4
8.0×
7
8.3×
5
8.5×
1
8.8×
3
9.0×
2
9.3×
4
9.5×
1
10.0×
7
10.5×
4
10.8×
2
11.0×
1
12.0×
3
12.3×
1
12.5×
1
13.0×
2
13.3×
3
13.5×
1
13.8×
3
14.0×
4
15.0×
4
15.3×
2
15.8×
1
16.0×
7
17.0×
1
18.3×
1
18.8×
2
20.0×
3
22.0×
2
22.5×
1
22.8×
2
24.0×
1
26.0×
1
Mean
11.63×
Median
9.75×
P25
6.34×
P75
15.00×
P90
22.00×

Looking at a different slice?

Use the directory on the recent deals hub to switch between countries, sectors and sub-sectors. A free account unlocks the structured filters that go beyond the public view.

Browse the directory Create a free account