€ 900  million invested since 2001

€ 900 million invested since 2001

34 buyouts & >100 add-on acquisitions

34 buyouts & >100 add-on acquisitions

27 exits realised

27 exits realised

About us

AAC Capital is a Benelux private equity firm actively supporting successful entrepreneurs and management teams in accelerating growth and thereby realising their international growth ambitions.

 

In partnership with management, we invest in healthy medium-sized Benelux companies that are active in growing markets. We provide growth capital, support management during key strategic choices and make our international network available.

 

Our investment professionals invite entrepreneurial managers to think big. We inspire and coach. We are enthusiastic and accessible. Matter-of-fact but direct. We communicate in the we form: management and AAC become one team.

 

Since 2001, we have invested over € 900 million in 34 platform investments in the Benelux, to which we have added more than 100 companies.  We are proud of our track record in achieving sustainable growth in the last 19 years. Entrepreneurship is in our DNA. We invest ourselves.

 

In 2013, AAC was the first Benelux mid-market private equity fund to sign the Principles for Responsible Investment to promote responsible investment and promote transparency in the private equity and financial industries.

Why AAC

We are matter-of-fact, open, success-driven and straightforward. We work closely with the management of companies and are straight and fair under all circumstances. We have an excellent track record in terms of value building and growth of companies, possess the necessary experience and knowledge and also have a comprehensive international network of specialists, managers, supervisory directors and advisors who provide us and management with support.

"AAC has supported us in sharpening and implementing our strategy and using their network to further help Desotec. In recent years we have grown even harder than planned and are now market leader in Europe."

Mario Hertegonne, CEO Desotec

Investment strategy

We invest together with enterprising successful managers in the following situations:

  • Buy-and-build/consolidation: Accelerate the growth of a platform in a fragmented industry through a series of targeted acquisitions
  • Internationalisation: Accelerate the international growth of a Benelux champion
  • Transition of family companies/founders: Partnership based on good balance and mutual respect, where the family/founder partially steps down and remains as a (minority) shareholder
  • Corporate carve-outs: Carve out a division or part of a larger organisation and operate more effectively by being more entrepreneurial

In most cases, we invest together with existing management (management buy-out) but we are also open to talented managers who want to run another company (management buy-in). AAC seeks to achieve a majority position or controlled minority position. We have specific interest and experience in business services and niche consumer goods.

 

We apply the following investment criteria:

  • Ambitious management 
  • Market with structurally healthy growth prospects
  • Scalable business model
  • Significant growth opportunities, autonomous and/or via buy-and-build
  • Headquarters in the Netherlands or Belgium
  • Business models that contribute to the United Nations Sustainability Goals