KBC Private Equity NV		[t] +32 (0)2 429 36 45
		Havenlaan 12		[f] +32 (0)2 429 05 25
address		1080 Brussels - Belgium		[e] info@kbcpe.be

Investment criteria

Company profile

KBC Private Equity targets performing, medium-sized companies in diverse sectors. These companies usually demonstrate a positive EBITDA of at least €1.5 million. Special attention is paid to companies which have built up a leading position in a specific (niche) sector and which have identified growth opportunities. Specific criteria apply for investments in the biotech industry.

By investing in specialized funds in which KBC Private Equity can take an active management role, the venture capital segment can be served.

Amounts involved and participating interests

KBC Private Equity generally invests between €2 million and €50 million in companies via equity and/or mezzanine finance. In the case of development finance operations, KBC Private Equity usually takes a minority stake. A majority stake is taken more often in the case of buy-outs.

Management

The individual capabilities of each manager and the complementarity and determination of the entire management team are the key quality criteria for each investment project.

Liquidity

KBC Private Equity has an investment horizon of no more than 5 to 7 years for most of its investment projects. Before taking a participating interest, therefore, KBC Private Equity discusses with the other shareholders about eventually selling its stake and makes the relevant arrangements.

Transparency

KBC Private Equity requires proper business reports to be drawn up on a regular basis. Coherent group structures and financial flows are essential conditions for taking a participating interest.

Schematic representation of the investment criteria