The European Investment Fund has committed EUR 25 million of European
Commission resources into Holland Private Equity (HPE).
In the past 12 months HPE has raised more than EUR 100 million, being well on its way
to hit the target size of EUR 150 million within the first half year of 2011.
Since January 2010, HPE is backed by APG through the seeding platform IMQubator
(IMQ). IMQ is the cornerstone investor of HPE with EUR 25 million. The other investors
in HPE are institutional investors from Europe and the USA.
HPE invests growth capital in small and medium sized (SME) technology companies in
the Benelux and Germany. These companies have typically EUR 20 million turnover, a
good management team and the ambition to grow to more than EUR 100 million
HPE provides EUR 10-15 million per company (equity only, no leverage) as expansion
capital, as well as the expertise to facilitate this growth. HPE has a team of 12
professionals to assist the management teams closely with growth related issues. In
return HPE acquires a significant minority stake (typically 20-40%) to become the
largest outside shareholder in the company.
HPE has invested EUR 10 million in Airborne (www.airborneinternational.com) in The
Netherlands to facilitate its growth in flexible composite tubulars for the oil & gas
industry. HPE has also invested EUR 10 million in SFC Energy (www.sfc.com) in
Germany to enable its international expansion.
HPE has its head office in Amsterdam in the APG Tower and a rep office in Düsseldorf.