BVA Private Equity & Venture Capital Award
In 2018 the BVA granted for the first time ever its Private Equity & Venture Capital Awards.
Our aim is to reward and celebrate high-performing Belgian companies that are backed by a private equity or venture capital investor, thus highlighting private equity as an asset class supporting the development and growth of Belgian businesses.
The direct financial return for the private equity investor does not constitute the decisive factor for selecting the award winners. Our goal is rather to underscore the performance of companies as well as the close and swift interaction between management team and the private equity or venture capital investor.
The PE industry encompasses a broad spectrum of companies that face challenges and opportunities throughout their lifetime. By creating three award categories, we reflect the three major archetypes in our industry; Venture, Growth and Buy-out.
On October 11, 2018 the winners of the first Awards were made public.
2018 Venture Company Nominees: Multiplicom, Ogeda and Silverfin
Winner: Multiplicom (now part of Agilent Technologies Inc.) develops, manufactures and commercializes molecular diagnostic solutions, provided as kits, which enable personalized medicine.
2018 Growth Company Nominees: Collibra, Destiny and Intelligent
Winner: Intelligent, a European leader in managed services and outsourcing for complex and critical applications on scalable cloud-platforms.
2018 Buy-out Company Nominees: Desotec, Lineas and Newpharma
Winner: Desotec, a leading European provider of mobile filtration technology through a unique and circular service concept.
- Venture company of the year, defined as a company backed by a venture capital firm, where the investment was primarily aimed at developing an innovative product or service, at scaling-up the company or accelerating the go-to-market process;
- Growth company of the year, defined as a company backed by a private equity firm, typically through a minority investment, that is looking to expand and improve operations or enter new markets in order to accelerate its growth;
- Buy-out company of the year, defined as a company backed by a private equity firm holding a majority or a controlling stake, and financed through a mix of equity and debt.
- A long-list of companies, nominated by the BVA members and selected industry observers, is compiled by the BVA (April-May)
- The jury selects three nominees in each award category (June)
- Each nominee completes a concise company presentation template (July-August) and the CEO gives an in person presentation to the jury, who elects the winner in each category (September)
- The name of the winners are disclosed at the occasion of BVA Awards Ceremony & Cocktail (October)
The jury will be asked to assess the awards against the following criteria.
For the Growth and Buy-out Company of the Year:
- Building an attractive, distinctive business which stands out from others in its sector;
- Skilled execution of particular projects, including product innovation, acquisition, capital investment, international expansion, marketing innovation;
- Evidence of great and authentic leadership, including development of a strong, progressive culture and wider contribution to society;
- Overall evidence of growth, including profit growth and returns on exit.
- Evidence of a bold, decisive plan, well executed. Positive impact on employment and the local economy (in case of business transformation)
For the Venture Company of the Year:
- Particular focus on bringing to market new and high impact innovations;
- Evidence of skill in the way innovations have been translated into products, for example partnerships, regulatory hurdles overcome, technical challenges navigated;
- Financial success to be judged not by reference to profitability: external validation still essential but more likely to be by revenue growth, significant contracts and external investment from respected investors at increasing valuations.
A jury composed of industry experts, entrepreneurs and BVA board members will draw a shortlist and finally select the winners.
Jan Alexander is head of Fund Investments within Participatie Maatschappij Vlaanderen (PMV), a regional investment company. Jan joined PMV in 2013. Between 2001 and 2013, he was legal counsel with KBC Private Equity. Jan is familiar with seed, early stage, growth and buy out investments. Jan started his career at DLA Piper.
Jan holds board positions at funds managed by Gimv, Vectis, Volta, V-Bio, Fortino and LSP. He is the current chairman of the Belgian Venture Capital & Private equity Association.
Jan holds a law degree from the KU Leuven.
Jean-Pierre di Bartolomeo
Jean-Pierre Di Bartolomeo is chairman of the Board of Directors of SOWALFIN, BVA Board Member since 2005 and BVA Chairman during 2013-2014. His activities on behalf of the Walloon Government (e.a. he is in charge of the Guarantee Fund for the Walloon Region) contribute to his expertise in the field of SMEs’ financing solutions. Mr. Di Bartolomeo’s professional background includes management and financial consulting (DELOITTE & TOUCH – PRICE WATERHOUSE COOPERS), loan activities at the FWPMI (SRIW Group), creation and management of the SIAW (loans to SMEs in the Agricultural-and-Food Industry) and management of holding companies at the SOCIETE EUROPEENNE DE BANQUE (COMIT Group, Luxembourg). Mr. Di Bartolomeo graduated from the University of Liège (Finance) and holds a Master Degree in SMEs’ financing (DURHAM UNIVERSITY Business School, UK).
Guy Mampaey joined Gimv in 1981 and became responsible for the Buy-Out and Growth Department in 1989. Under his leadership, specific funds were set up for SMEs (KAMOFIN), start-ups (Take-Off Funds) and investments in Central and Eastern Europe (Fund New Europe). He was part of the steering committee at Gimv’s IPO in 1997 and the acquisition of Halder in 2000. He also set up a European relationship network with buy-out funds through investments in third party funds.
He is former chairman of the BVA (Belgian Venture Capital and Private Equity Association).
Guy invested in and supported companies in their business building, buy and build strategy and exits (IPO and trade sale) in various sectors and business phases. He was a director of DEME, EBT (European Bulk Terminals), BMT, VCST, H. Essers and Zonen, Westerlund. Today he is chairman of Incendin (Ecochem International), Sureca (Contraload), Vectis Participations II and director at Grandeco and PAI (Port of Antwerp International). His broad experience is useful in the further development of the various Gimv platforms.
Guy obtained a master’s degree in Applied Economics from the University of Antwerp.
Raf Moons is Head of BNP Paribas Fortis Private Equity, the captive private equity branch of BNP Paribas Fortis. Raf joined Fortis Private Equity in 1999 focusing on seed and early-stage investments. In 2011 he was appointed Investment Director in the Direct Investment team of BNPPF PE. Before being active in Private Equity, Raf worked at Imec as industrial advisor in the business development department and started as scientific researcher at Imec/KU Leuven. Besides within BNPPF PE, he currently holds board positions at Studio 100, Het Anker, Epimède and Gemma Frisius-Fonds.
Raf holds a Ph.D. in Physics from the KU Leuven and obtained an MBA at Vlerick (KU Leuven).
Jos B. Peeters
Dr Jos B. Peeters is Founder and Chairman of the Executive Committee of Capricorn Venture Partners, an independent European manager of venture capital and equity funds. investing in innovative European companies with technology as competitive advantage. Capricorn Venture Partners is based in Leuven, Belgium, and licensed by the FSMA (the Financial Services and Markets Authority in Belgium). Currently it is managing its Capricorn Sustainable Chemistry Fund, Capricorn ICT Arkiv Fund, Capricorn Health-tech Fund and Capricorn Cleantech Fund, is the management company of Quest for Growth, quoted on Euronext Brussels, and investment manager to the Quest Cleantech and Quest+ Funds.
Jos is regarded as one of the pioneers of the European venture capital industry, being active in this area since 1985. He is a founder and director of EASDAQ, which is relaunching as Equiduct, a regulated market for secondary trading in Europe.
Jos has a PhD in Physics from the University of Leuven. He was co-founder and first chairman of BVA, and is past chairman of Invest Europe, the European association for private equity, venture capital and infrastructure (previously EVCA).
Baron Pierre H. Rion is MSc (Civil electrical engineer electronics-IT), graduated from the University of Liège in 1982, After having launched his first IT company in 1984, he took over the reins and destiny of IRIS .The optical-character recognition (OCR) developed by the company has since become an international standard. Since 1995, Pierre Rion has developed a vocation as a Business Angel devoted to boosting the regional economy. He is – or has been – an active investor in ventures like Pairi Daiza, DCinex, Belrobotics, the E-Capital fund and in about ten other Walloon SMEs. He was also chairman of the Cluster TWIST and the Board of EVS Broadcast Equipment for 13 years. Today, he chairs the Boards of Cluepoints, Belrobotics-Yamabiko Europe and Banque CPH and is among others a director of Multitel, FNRS and Nivelinvest. Since 2015, he chairs the “Conseil du Numérique wallon” as well as the jury of the digital investment fund W.IN.G (Wallonia Innovation and Growth) within the framework of the “Plan Marshall 4.0”. He also was awarded the prize of Economic Leader of the year 2016 at the Lobby Awards.
Conny Vandendriessche is founder and owner of the House of HR (1/3 shareholder, 2/3 P.E. Naxicap). They are active in the staffing, recruitment and consultancy business.
The House of HR has 11 brands, more than 500 offices and is active in 10 countries. Their most popular brand is Accent jobs. The group has a consolidated turnover of € 1.6 billion.
After 20 years of operational leadership within Accent jobs, Conny started a new passion, Stella P. Stella P. only focuses on shaping and/or redefining advisory boards or boards of directors. They are looking for external board members that will provide a surplus value for companies.
Conny holds board positions at JBC, Televic, House of HR,Orac…