Utrecht, 30 December 2024: Valcon, a leading European digital transformation service provider specialising in data, consulting and technology, is delighted to announce its partnership with Rivean Capital, a pioneer in European mid-market private equity, who will acquire a majority stake, subject to ACM approval (the Netherlands Authority for Consumers and Markets) and the advisory process with Valcon’s Dutch works council. This strategic collaboration is set to accelerate Valcon’s growth and the firm’s ability to help organisations across Europe achieve transformative business outcomes.
Rivean Capital’s investment underscores its confidence in Valcon’s ability to drive impactful transformation across different industries and will support Valcon to further expand its services, invest in cutting-edge solutions and strengthen its position as a trusted partner for organisations navigating complex business challenges. Rivean Capital will replace Waterland as the existing majority investor, with the latter continuing to invest as a minority shareholder.
Geert van den Goor, CEO of Valcon commented: “We are thrilled to join forces with Rivean Capital in this exciting new chapter for Valcon. This partnership marks a significant milestone in our journey to become the benchmark for digital transformation in Europe. With Rivean’s support, we are well-positioned to amplify our impact and achieve our ambitious goals for organic and acquisitive growth. And Waterland’s re-investment as a minority shareholder is a testament to its continued belief in our business.”
Hidde Vedder, Partner at Rivean Capital said: “We are delighted with the opportunity to partner with Valcon’s management team and contribute to Valcon’s further expansion in NorthWestern Europe. Valcon has a great reputation for delivering transformative results for its clients and we are excited to be working with them to provide support to further scale their operations and unlock new opportunities in the European market.”
Wouter Roduner, Managing Partner at Waterland commented: “It’s been a great journey partnering with the Valcon team. The team has consistently delivered growth – it is always looking to develop its capabilities, such as the addition of AI, to meet client needs. Waterland is therefore committed to continue to support Valcon on the next stage of its growth cycle.”
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About Valcon
Valcon is a digital transformation service provider which is the trusted partner for European enterprises to enable their competitive edge for tomorrow. Its 1600 skilled professionals have expertise in creating value for its clients by by providing profound data, business transformation and technology capabilities. Valcon works with large organisations across multiple industries, including financial services, retail, public, industrials and infrastructure. For more information, please visit www.valcon.com
About Rivean Capital
Rivean Capital is a leading European private equity investor in mid-market transactions with operations in the DACH region, Benelux and Italy. Rivean Capital has assets under management in excess of €5bn and offices in Amsterdam, Brussels, Frankfurt, Zug and Milan. Since its inception in 1982, Rivean Capital has supported more than 250 companies in realising their growth ambitions. For more information, please visit www.riveancapital.com
About Waterland
Waterland is an independent private equity investment company that supports companies in realizing their growth plans. With substantial financial resources and industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland operates out of 13 offices across Europe and currently has approximately EUR 14 billion in equity funds. For more information, please visit www.waterlandpe.com
Contacts
Valcon
Lucy Clark
+44 (0) 7984184461
Rivean Capital
Maikel Wieland (Head of Investor Relations & Co-Investments)
+41 43 268 20 30