Ergon Capital Partners
Ergon (“ECP”) was created in 2005 as a private equity fund operating in the mid-market segment.
It invests between EUR 20 million and EUR 70 million in companies operating in niche markets in the Benelux, Italy, Spain, France, Germany and Switzerland, holding positions that are dominant and sustainable over the long term.
Sienna Capital & Ergon
ECP I was founded in 2005 with shareholders consisting of GBL and Parcom Capital, a subsidiary of ING. The first fund had EUR 150 million in assets. In 2007, these same shareholders backed a second fund, ECP II, in the amount of EUR 275 million. In 2010, GBL supported a third fund of EUR 350 million, ECP III. The size of ECP III has been increased by EUR 150 million, raising the size of the fund to EUR 500 million. Sienna Capital receives certain favourable financial terms for its support of Ergon.
Financial year 2016
During the year, ECP completed the sale of its participation in Stroili. Furthermore, ECP III invested in Looping and DIH and sold De Boeck and Larcier. In July 2016, the size of ECP III was successfully increased by EUR 150 million bringing the total commitment to EUR 500 million.