Apheon

Private Equity Belgium ·Founded 2005

Overview

Apheon is a pan-European mid-market private equity investment company managing approximately €2.5 billion in assets from select European institutional investors and families. The firm specializes in providing 'patient and friendly capital' to entrepreneurs and management teams, focusing on companies with a sustainable competitive position in attractive niche markets across Europe. Apheon operates in sectors such as Retail & Consumer Goods, Healthcare & Pharmaceuticals, Industrial & Chemicals, and Media & Online Media, with a geographical focus on Belgium, Netherlands, Luxembourg, France, Germany, Italy, and Spain. The firm's investment strategy involves equity investments ranging from €25 million to €75 million, targeting companies with EBITDA between €10 million and €60 million and a turnover between €20 million and €100 million. Apheon is advised by Ergon Capital Advisors, with offices in Brussels, Amsterdam, Paris, Munich, Milan, and Madrid. Since its inception in 2005, Apheon has raised over €3.0 billion, invested in 36 companies, and completed approximately 105 add-on acquisitions, with a total aggregate transaction value exceeding €6.0 billion. In June 2023, the firm rebranded from Ergon Capital Partners to Apheon, reflecting its strategic evolution and commitment to sustainable finance. The rebranding aligns with Apheon's core values of Partnership, Entrepreneurship, Respect, and Responsibility, which have been integral since the firm's founding. The new identity aims to position Apheon for continued success in a dynamic and ever-changing market, emphasizing its long-term perspective and hands-on approach to private equity investments.

Investment Focus

  • Sustainable competitive position
  • Attractive niche sectors
  • Headquartered in Benelux, Italy, Spain, France, or Germany
  • Emphasis on ESG development during investment period
  • Companies with a sustainable competitive position in attractive niche markets
  • EBITDA between €10 million and €60 million
  • Turnover between €20 million and €100 million

Portfolio Companies

TMCHaudecoeurHittech GroupDolciaria AcquavivaGolmarMillbioCain FoodsVanreuselBeltasteSoficoRubio MonocoatGolmar ItaliaAdventec Consulting

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Frequently asked questions about Apheon

What sectors does Apheon invest in?

Apheon invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Telecommunications, and is based in Belgium. Apheon is listed as a private equity in the ConnectSafely investor database.

What stage does Apheon invest at?

Apheon backs companies at Growth and Buyout, writing cheques of 25M - 75M.

Which regions does Apheon invest in?

Apheon invests across Germany, France, Italy, Spain, Luxembourg and Netherlands.

What companies has Apheon invested in?

Apheon's portfolio includes TMC, Haudecoeur, Hittech Group, Dolciaria Acquaviva, Golmar, Millbio, Cain Foods and Vanreusel.

Last updated · Source: ConnectSafely investor database