Aquis

Ridge is an established roofing and facade specialist serving both private homeowners and property management companies. The company specializes in roofing and facade work, insulation, and asbestos removal. The company operates primarily in West Flanders and has strong local roots. Every day, operational crews and the company’s own fleet of machinery and vehicles depart from the central warehouse to various job sites. The client portfolio consists mainly of private customers and regular property management companies with whom long-term relationships have been established. Thanks to its strong reputation and word-of-mouth referrals, the company maintains a consistently well-filled order book. The team consists of about 15 employees, including a small administrative core and four to five operational crews, each led by experienced foremen. The various crews operate largely autonomously, ensuring efficient operations and strong execution capabilities.

Project Robura is a specialized niche contractor active in technically complex demolition, concrete, and foundation work. The company is based in East Flanders and primarily works as a subcontractor for professional contractors and construction firms in Belgium.The company has over 35 years of experience and distinguishes itself through its technical expertise, flexible operations, and strong reputation in preparatory construction work. Thanks to its long-standing client relationships, experienced operational team, and trusted subcontractors, Robura has a stable commercial foundation.The team consists of 4 permanent employees, supplemented by 2 trusted subcontractors who can be called upon for additional capacity and flexibility. The experienced operational team has an average of over 10 years of experience per employee.Average revenue: approx. 581k EURAverage normalized EBITDA: approx. 112k EUR

Project Picea involves an established supermarket in East Flanders, operated under the brand name of a well-known supermarket chain. The business has strong local roots and a stable, loyal customer base.The store offers a wide range of everyday food products, including general groceries, beverages, frozen foods, fresh produce, and non-food items. Picea distinguishes itself in particular through its strong selection of fresh products, including bread, fruits and vegetables, deli meats, cheese, meat, and in-house preparations from the butcher shop.In addition, the store serves a clear community function thanks to supplementary services such as lottery ticket sales and a postal service. These additional services increase customer foot traffic and strengthen the store’s position as a local hub for daily shopping and practical services.The business is supported by the commercial and logistical structure of a larger supermarket organization, while retaining the flexibility and customer focus of a locally rooted independent operation. The team consists of a stable core of permanent employees, supplemented by flexi-job workers.

Project Attire is an independent premium multi-brand retail concept on the Belgian coast, specializing in casual and high-end designer brands for men, women, and children. Thanks to a strong brand identity, an exclusive shopping experience, and a loyal customer base, the company has positioned itself as an established player in the premium fashion segment. With a retail space of over 650 m², a scale that is hard to match, and stable financial performance, the company combines a strong level of recurring revenue with attractive opportunities for further growth.

Distributor of POS and ordering software packages for hospitality and retail businesses in Flanders.

Project Taste is a Michelin-starred restaurant and has been an established fixture on the Belgian coast for over 10 years, a region with a demonstrably strong demand for high-quality fine dining. The restaurant has a highly differentiated positioning within the Belgian fine dining segment and operates at a consistently high occupancy rate.The chef, the beating heart of Taste, will remain on board and intends to continue actively contributing to the restaurant’s further strategic growth.Revenue: ±1.14 million EURNormalized EBITDA: ±250k EUR

Project Medicus operates two separate pharmacies in the province of Antwerp. The pharmacies are managed by two directors, both licensed pharmacists, with over 30 years of experience. Both pharmacies have a loyal and stable customer base and staff.Depending on interest in the real estate, the transaction can be structured as a business asset sale or a share transaction.Revenue: 2.8 million EURNormalized EBITDA: 365k EUR 

Project Orion is an established installation company specializing in sectional doors and loading docks (B2B) located in northern France. 

Project Oase is a private sauna and wellness complex in Flanders offering a wide range of high-quality, uniquely designed sauna facilities, including Finnish saunas, hot tubs, heated pools, and infrared cabins. The complex is open daily and caters exclusively to a private (B2C) clientele.The company combines a stable, recurring revenue stream with strong profitability (average normalized EBITDA margin of 31.3%). Hygiene, service, and customer satisfaction are at the core of its operations.Day-to-day operations are managed by the manager, supported by a permanent and reliable team of 10 employees, supplemented by a flexible pool of students and part-time workers who are primarily deployed on weekends.The transaction involves the acquisition of both the operating company and the holding company, including the real estate currently privately owned by the manager but used for business purposes.The average normalized EBITDA of the operating company amounts to EUR 400k.