M80 has acquired Luminis
September 2022 — Belgian private equity fund M80 has acquired a majority stake in Luminis. M80 offers to software and technology company Luminis the opportunity to further expand its strategy and market position internationally. Luminis becomes part of a platform that also includes XPLUS, a Belgian expert in enterprise IT architecture. M80 plans to make further selective acquisitions in Europe in the coming months with the aim of bringing together a portfolio of best-in-class digital transformation specialists.
M80 is the management company of M80 Capital, a private equity fund established in November 2018, investing in companies in Belgium, the Netherlands, France and Luxembourg. Founded by Peter Maenhout, the investment team consists not only of seasoned private equity professionals, but also entrepreneurs, former CEOs and digital pioneers. The company focuses on growth companies in the IT, healthcare, consumer, business services and industry sectors. The M80 team invests in companies it can help digitally transform to accelerate sales and improve operations.
Founded in 2002, Luminis offers customers high-quality solutions in the field of cloud and data. The company has partnerships with Amazon Web Services and Microsoft, among others. In addition, Luminis is the initiator and driving force of the IT training program Accelerate with Thales, Bosch and the Dutch Tax Authorities. Luminis has 150 employees and has offices in Amersfoort, Amsterdam, Rotterdam, Arnhem and Apeldoorn in the Netherlands, and provides its services to customers such as Thales, Alliander, Huuskes, BDR Thermea, bol.com and The Learning Network.
Our role in the transaction
Oaklins’ team in the Netherlands initiated this transaction and acted as the exclusive M&A buy-side advisor to M80. This transaction emphasizes our strong track record and expertise in the fast-moving IT services sector.
Carl Annicq
Partner, M80
Talk to the deal team
Frederik van der Schoot
Oaklins Netherlands
Related deals
Dan Group Alarm Syd has been sold to Varna Security
Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.
Learn moreLivlande Agro has been acquired by Merito Partners
Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.
Learn moreCensus Group has acquired Lecklé Oy
Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).
Learn more