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Private Equity | Aerospace, Defense & Security | TMT

S&T’s European growth in space and defense technology has been fueled by Active Capital Company

August 2025 — S&T Corporation B.V. (S&T) has secured a majority investment from Active Capital Company B.V. (Active Capital), marking a new phase of international growth and product innovation for the Dutch leader in space, defense and earth observation technologies.

Founded in 2000 and headquartered in Delft, S&T transforms satellite data into mission-critical solutions across space and science, defense and security, environment and sustainability and high-tech consulting. With a team of over 100 specialists, the company serves prominent clients including ESA, EUSPA, TNO and various national ministries of defense. Operating from offices in the Netherlands, Norway and Italy, S&T has established a leading position in space data analytics and in pioneering projects focused on security and sustainability. As geopolitical dynamics shift and defense budgets increase, S&T is exceptionally well-positioned to tap into the growing demand for innovative defense technologies. Its strong track record in satellite data analytics and mission-critical applications provides a solid foundation to capture emerging opportunities in this expanding market.

Active Capital invests in ambitious, technology-driven European companies. With a track record of over 35 successful investments, the firm brings extensive experience in supporting accelerated growth, succession planning and corporate carveouts. Active Capital’s involvement extends beyond providing capital, partnering with its portfolio companies to offer operational expertise that drives sustainable, long-term value.

Our role in the transaction

Oaklins’ team in the Netherlands acted as the exclusive M&A advisor to S&T’s shareholders. The sale of S&T underlines Oaklins’ strong international track record in the space, defense and high-tech industries, highlighting its capability to unlock significant value in this dynamic and fast-moving sector. Leveraging deep sector expertise and an extensive network, the team ensured a smooth and successful transaction process.

Parties
“Partnering with Active Capital is an exciting step forward for S&T. Their operational experience, financial strength and strategic insights enable us to accelerate innovation, enhance our product portfolio and expand our impact in the dynamic European space and defense landscape. We look forward to shaping the future together. I would also like to thank Oaklins for their excellent guidance throughout this process, their industry expertise and commitment have been invaluable.”

Roland Hooghiemstra

CEO, S&T Corporation B.V.

Talk to the deal team

Jan-Pieter van Doorn

Director
Amsterdam, Netherlands
Oaklins Netherlands

Frederik van der Schoot

Managing Partner
Amsterdam, Netherlands
Oaklins Netherlands

Sebastiaan Quint

Senior Associate
Amsterdam, Netherlands
Oaklins Netherlands

Julia Krips

Associate
Amsterdam, Netherlands
Oaklins Netherlands

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