TINC Welcomes Infravest Partnership for Growth Ambitions
Deal News | Mar 10, 2025 | GIMV NV (ENXTBR:GIMB)
On September 19, 2024, Gimv NV announced a significant strategic cooperation involving its subsidiary, Infravest NV. In the transaction, WorxInvest acquired half of Gimv's interest in Infravest, with Gimv and Belfius also merging their stakes in a joint venture, TDP NV, into Infravest. This approval sets the stage for Gimv and WorxInvest each to hold a significant 40.8% interest in Infravest, while Belfius assumes a 18.4% minority stake. Originally announced on March 10, 2025, the collaboration marks a pivotal shift in the management of infrastructure assets, aiming to bolster the growth trajectory of TINC NV—a company where Infravest holds a notable 21.32% share. This revelation aligns with the broader strategic aims of Gimv and its partners to manage and develop a varied infrastructure asset portfolio.
Sectors
- Private Equity
- Infrastructure
- Financial Services
Geography
- Belgium – The article involves Belgian companies such as Gimv NV, TINC NV, and Belfius, indicating significant geographic relevance.
Industry
- Private Equity – This industry classification is relevant because the article discusses investments and stakeholder changes involving Gimv NV, a notable private equity firm.
- Infrastructure – The collaboration focuses on developing and managing a variety of infrastructure assets, making this classification pertinent.
- Financial Services – Belfius's involvement indicates the financial services industry's participation in the strategic cooperation.
Financials
- 40.8% – The percentage stake each held by WorxInvest and Gimv in Infravest post-transaction.
- 18.4% – The percentage stake held by Belfius in Infravest post-transaction.
- 21.32% – The percentage stake held by Infravest in TINC NV.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gimv NV | Selling Company | Company | A private equity investment firm involved in the strategic cooperation by selling part of its interest in Infravest NV. |
| WorxInvest | Bidding Company | Company | Acquired half of the interest of Gimv NV in Infravest, partnering in the strategic cooperation. |
| Belfius NV | Other Company | Company | Participated in the strategic cooperation, contributing their interest in TDP NV to Infravest. |
| Infravest NV | Target Company | Company | A subsidiary of Gimv NV and a major shareholder in TINC NV, involved in the strategic partnership. |
| TINC NV | Portfolio Company | Company | Infravest NV is the largest shareholder of this company; part of the overall strategic growth ambitions. |
| TDP NV | Other Company | Company | A joint venture incorporated by Gimv and Belfius, whose interests were included in the Infravest transaction. |