GIMV's business unit Corporate Investment focuses on management buy-outs and buy-ins (MBO/MBI) and expansion capital. In the case of expansion capital, GIMV takes minority stakes and thus leaves the shareholder structure of the investee company almost unchanged. With MBO/MBI, on the contrary, a new shareholding structure is created whereby GIMV itself can acquire the majority of the target company.

Our main criteria of selection are the following:

• the quality of the management
• the track record
• the existing growth prospects
• the innovative strength of the company
• the ability to take advantage of market tendencies and opportunities

We supply expansion capital to companies that are active in rather traditional sectors.

We support the growth of the companies, regardless the stage of the life cycle they are in, from start-up to pre-IPO. An investment of EUR 5 million in one or more phases is the minimum.

The financing of management buy-outs and buy-ins principally aims at mid-sized enterprises with a strong market position and/or growth potential. A target companies has to:

• have a turnover of between EUR 15 and 150 million
• be a division of a large concern or be privately owned
• have a first-class management

Our corporate investment activities are not limited to Belgium: only half of the investee companies is based in GIMV's home country. In the Netherlands – one of the most developed private equity markets in Europe – and Germany – the third largest venture capital market in the world – we are present with local business teams under the name of Halder.

The GIMV team is also active in the growth markets of Central and Eastern Europe. We manage funds invested in, amongst others, the Czech Republic, Slovakia, Russia.