Project Orion

Project Pedal is an established Belgian specialist in bicycle retail and service, based in West Flanders. The company combines the sale of new bicycles with technical advice, repair shop services, bike fitting, and the sale of parts and accessories.The company has strong local roots and positions itself as a high-quality, service-oriented player in the premium bicycle segment. Thanks to the combination of a recognizable retail concept, a specialized repair shop, and a loyal customer base, Project Pedal offers an attractive foundation for further commercial development.Its activities are primarily focused on bicycle sales, supplemented by recurring revenue from maintenance, repairs, and the sale of related products. The company benefits from strong brand positioning, a well-designed store concept, and an integrated customer approach that spans both sales and after-sales service.The current shareholder wishes to prepare for the company’s succession and is seeking a suitable party that can support the further expansion of the business. The proposed transaction involves the transfer of 100% of the shares, for which a structured transition period is recommended.Scope of the transaction: transfer of 100% of the shares.→ Average revenue: approx. EUR 1.4m→ Normalized EBITDA: approx. EUR 220k 

Project Power is a profitable Belgian retailer of major home appliances, operating from two brick-and-mortar locations in the Brussels-Leuven region, supplemented by a well-established online sales operation and a limited B2B/trading operation. The company focuses on appliances from established brands and combines regular inventory with opportunistic purchases of, among other things, overstock, end-of-line models, and new appliances with minor cosmetic or packaging damage. Thanks to this flexible purchasing strategy and its accumulated sourcing expertise, Project Power is able to position itself competitively on price while maintaining attractive product margins. The company operates a multichannel sales model in which its two brick-and-mortar stores are complemented by a substantial online store and selective B2B/trading activities. The customer base is highly diversified, and the company has a core group of returning suppliers, with purchase volumes allocated flexibly based on availability, expected sales value, and margin potential.  Project Power is characterized by a lean and hands-on organizational structure. The current shareholders are actively involved in purchasing, sales, and day-to-day operations and are supported by two full-time employees and external freelance support. The shareholders are willing to work with the buyer to establish an appropriate transition period to facilitate a smooth transfer of operations.  Further growth opportunities include a more structured use of CRM and digital marketing, further development of the online sales channel, and selective geographic expansion. 

Project Playground isa profitable Belgian childcare group with four locations in East Flanders and a total capacity of 92 spots for infants and toddlers. The company operates primarily under the income-based fee system (IKT), in which parental contributions are supplemented by subsidies from Opgroeien. As a result, Project Playground has a defensive and predictable revenue profile within a highly regulated sector. The company has an experienced team of 17 people. Thanks to local responsibility at each location and central operational support, Project Playground operates largely autonomously. Day-to-day operations are supported by an in-house digital childcare platform designed for staff scheduling, occupancy management, daily attendance tracking, billing, and parent communication, among other functions. In addition, Project Playground distinguishes itself through a fully all-inclusive childcare concept, which includes hot meals and care products. The shareholders are seeking a suitable buyer who can support the continuity and further growth of Project Playground. Scope of the transaction: acquisition of 100% of the shares, with the option to acquire additional real estateNormalized revenue FY25: approx. €1.6mNormalized EBITDA FY25: approx. €264k