The Belgian M&A Awards 2022

We celebrated in style at Maison de la Poste last night, thanks to all the Belgian Dealmakers for your enthusiasm.

 

Ansarada is the proud sponsor and supporter of the Dealmakers of Belgium for this 5th edition. How wonderful to see the M&A Community gathered to celebrate the hard work and successes of the past year. Four hundred dealmakers (re)connecting and enjoying the gala dinner, joined afterwards by party guests and discovering all together the six winners of this fifth edition. Congratulations to the Belgian M&A Community.

Six fantastic winners of the Belgian M&A Awards 2022:

1. Best Large Cap Corporate Deal: Carpenter Corporation acquires Engineered Foams business of Recticel

 

Comments Panel of judges

The acquisition of the Engineered Foam business of Recticel by the American Carpenter Corporation, through a rare white-knight M&A strategy, was (together with the sale of the Bedding division) part of the defence strategy of Recticel against the hostile bid by Greiner. The jury considered this an exceptional situation and praises the way Recticel handled these transactions. The entire operation was very complex, with a strategic reorientation, carve-outs and the necessary approval of the shareholders.

 

2. Best Mid Cap Corporate Deal: STADSBADER NV acquires BAM Contractors

Comments Panel of Judges

The jury honours the acquisition of BAM Contractors by Stadsbader Group. Stadsbader Group is a family-owned group in the construction sector with a fine track record, buying assets from an international specialist in infrastructure works. The deal was quite complex and leads to a significantly higher turnover and a much more diverse offering for Stadsbader.

 

3. Best Large Cap Private Equity Deal: Bain Capital acquires House of HR from Naxicap Partners

Comments Panel of Judges

Naxicap Partners sold its stake in House of HR to Bain Capital. According to the panel of judges, this was a mega deal that scores well on many different levels: value creation, leadership, shareholder value and deal complexity.

 

4. Best Mid Cap Private Equity Deal: Prophix acquires Sigma Conso from Fortino Capital Partners

Comments Panel of Judges

The acquisition by Prophix of CPM software manufacturer Sigma Conso is the winner in this category. Fortino Capital Partners invested barely a year and a half in the company, but created a lot of added value during that period, leading to an unsolicited offer that everyone felt good about. thinks Deliverect might be the next Belgian unicorn.

 

5. Best Venture Capital Deal - Technology: Collibra

Comments Panel of Judges

The acquisition by Prophix of CPM software manufacturer Sigma Conso is the winner in this category. Fortino Capital Partners invested barely a year and a half in the company, but created a lot of added value during that period, leading to an unsolicited offer that everyone felt good about. thinks Deliverect might be the next Belgian unicorn.
 

6. Best Venture Capital Deal - Life Sciences: Precirix

Comments Panel of Judges

Precirix is a spin-off from the VUB, led by female CEO Ruth Devenyns. After a somewhat slower start in the beginning, this company is now well advanced in the development of highly accurate substances to fight cancer. Of the three nominees in this category, this company is the furthest along in its journey. As a result, it achieved one of the biggest fundings of the year.

We thank our partners House of Executives België