Project Orion

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 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.