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.