Valcon Partners with Rivean Capital for European Growth
Deal News | Dec 31, 2024 | Consultance.eu
Amsterdam-based Rivean Capital has acquired a majority stake in Valcon, a consulting firm originally founded as First Consulting in 2006. Waterland, which previously held a majority stake and helped Valcon grow significantly since 2019, will remain an investor with a minority stake. With Rivean's investment, Valcon aims to become the leading firm for digital transformation across Europe by expanding its services and operations. This partnership is expected to bolster Valcon’s market presence in Northwestern Europe, where it already operates with a team of over 1,600 consultants across the Netherlands, Denmark, the United Kingdom, Sweden, Germany, and Croatia. According to Valcon's CEO Geert van den Goor, the ambition is to leverage Rivean's support for achieving organic and acquisitive growth. Hidde Vedder, partner at Rivean Capital, expressed optimism about scaling operations and unlocking new opportunities in the European market with Valcon, citing the firm's reputation for delivering transformative client results.
Sectors
- Private Equity
- Consulting Services
- Digital Transformation
Geography
- Netherlands – Valcon is headquartered in the Netherlands and has been a leading consultancy in the Dutch market.
- Europe – The strategic expansion supported by Rivean Capital focuses on Northwestern Europe.
Industry
- Private Equity – Rivean Capital, a private equity firm, has acquired a majority stake in Valcon.
- Consulting Services – Valcon, a consulting firm, is the target company undergoing investment for future growth.
- Digital Transformation – Valcon aims to become the leading firm in digital transformation across Europe.
Financials
- Undisclosed – The financial terms of the majority stake acquisition by Rivean Capital in Valcon have not been disclosed.
- Over 5 billion – Rivean Capital's assets under management exceed 5 billion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rivean Capital | Bidding Company / Buyer | Company | A private equity firm with assets under management exceeding 5 billion, now the majority stakeholder in Valcon. |
| Valcon | Target Company | Company | A consulting firm founded as First Consulting in 2006, expanding its footprint across Europe. |
| Waterland | Selling Company / Vendor | Company | A minority stakeholder that has re-invested in Valcon after previously holding a majority stake. |
| Geert van den Goor | Chief Executive Officer | Person | CEO of Valcon, overseeing the firm's strategy and expansion goals. |
| Hidde Vedder | Partner | Person | Partner at Rivean Capital, responsible for partnership relations with Valcon. |