Gimv NV: history, ownership, mission, how it works & makes money

A Brief History of Gimv NV

Founded in 1980, Gimv NV, a Belgian investment company, has established itself as a prominent player in private equity and venture capital. Initially starting as a company focused on fostering entrepreneurship in Belgium, Gimv's strategy has evolved significantly over the decades, now encompassing investments across Europe, particularly in sectors such as healthcare, technology, and sustainable investments.

In the late 1990s, Gimv began to internationalize its investment portfolio. This period saw the company expand its reach into various sectors, enhancing its ability to identify and support high-potential companies. By 2001, Gimv had listed on the Euronext Brussels stock exchange, increasing its visibility and access to capital.

In 2013, Gimv reported a record net profit of €36.5 million, primarily driven by strong exits in its portfolio. The company highlighted its focus on early-stage investments, as well as scaling up and providing operational support to its portfolio companies.

Gimv’s assets under management reached approximately €1.6 billion by 2021. The company has continuously demonstrated a commitment to sustainability, launching the “Gimv Sustainable Growth” fund in 2020, targeting investments in companies making a positive impact on society and the environment.

In 2022, Gimv reported a revenue of €147 million, with a portfolio value increase of 15%, reflecting robust market performance and strategic investment decisions. The company’s approach includes a mix of minority and majority stakes, allowing them to adapt to various business models and market conditions.

For a detailed view of Gimv NV’s financial performance over the past five years, see the table below:

Gimv has also focused on collaboration with management teams to enhance value creation throughout its investments. For example, in 2022, it led a significant investment round for QCS, a digital transformation consultancy, further diversifying its technology portfolio. The company’s dedication to identifying high-growth opportunities remains a cornerstone of its operational strategy.

As of October 2023, Gimv NV continues to adapt its investment strategies to align with evolving market trends and consumer behaviors, staying committed to generating sustainable growth and maximizing the value of its portfolio while supporting innovative, high-potential companies across Europe.

A Who Owns Gimv NV

Gimv NV, a Belgian investment company specializing in private equity, is owned by a mix of institutional and individual shareholders. As of the most recent reports, the ownership structure reflects a diverse range of stakeholders, which is critical for its operational strategy and capital deployment.

The major categories of ownership include:

• Institutional investors
• Private individuals
• Company insiders

According to the latest financial data, the ownership breakdown is as follows:

Gimv NV’s total outstanding shares are approximately 10,000,000. The institutional investor segment is primarily composed of pension funds, mutual funds, and other large asset managers. Notable institutional shareholders include KBC Asset Management and Degroof Petercam Asset Management. Their investment strategies revolve around long-term capital appreciation and involvement in corporate governance.

Private individuals, often comprising high-net-worth individuals and family offices, prefer investing in Gimv for its reputation and track record in venture capital and private equity. The insider ownership percentage includes shares held by members of the board and executive management, which aligns their interests with those of other shareholders.

As of the most recent fiscal year, Gimv reported total assets of approximately €1.2 billion, which showcases its capacity to support diverse investments across various sectors, including healthcare, technology, and sustainable investments.

The company’s market capitalization stands at around €700 million, reflecting its valuation in the current market environment. Furthermore, Gimv's recent performance indicated a total return on investment of 12% over the past year, which is a significant marker of its robust portfolio management strategy.

Understanding the ownership structure of Gimv NV is crucial for stakeholders interested in the company’s strategic direction and potential growth opportunities in the European investment landscape.

Gimv NV Mission Statement

Gimv NV is a European investment company, founded in 1980, with a mission to create value through sustainable investment in growing companies. The firm specializes in providing equity and debt financing to SMEs (Small and Medium-sized Enterprises) across various sectors, including healthcare, technology, and sustainable development. Gimv focuses on supporting innovation and entrepreneurship, aiming to foster long-term growth for its portfolio companies.

The company clearly states its mission as “investing in the future” by emphasizing the importance of sustainability and social impact in its investment strategy. This is aligned with global trends toward Environmental, Social, and Governance (ESG) criteria that are becoming central to investment decisions.

As of 2023, Gimv’s Net Asset Value (NAV) stands at €1,265 million, reflecting an upward trend from the previous years, indicating a steady recovery and growth after the challenges posed by the pandemic. The investment portfolio has also expanded, reaching €802 million, with the company actively managing a total of 45 investments in various sectors.

Gimv’s commitment to fostering innovation leads to investments in companies that drive sustainable practices. The firm integrates ESG factors into its investment analysis, resulting in a robust portfolio that aligns with their mission. The dividend per share has shown a positive trajectory, with the latest figure at €1.50, highlighting their effort to return value to shareholders while pursuing growth.

The alignment with the European Green Deal and other sustainability initiatives demonstrates Gimv's proactive approach to responsible investing. This is evident from their increasing investments in green technologies and companies focusing on sustainable solutions, which are expected to rise as demand for ESG-compliant investments grows.

In conclusion, Gimv NV's mission statement encapsulates its dedication to sustainable investing and value creation through its strategic focus on innovation, growth, and impact. Its impressive financial metrics and steady growth affirm its effectiveness in realizing this mission.

How Gimv NV Works

Gimv NV is a Belgium-based investment company that focuses on private equity and venture capital. Founded in 1980, the firm specializes in growth capital investments in various sectors including healthcare, technology, and consumer goods. As of the fiscal year ending March 31, 2023, Gimv reported total assets amounting to approximately €1.1 billion.

The company operates primarily through three investment strategies: Private Equity, Venture Capital, and Infrastructure. Each strategy targets distinct opportunities, with Private Equity usually focused on established companies, Venture Capital on early-stage startups, and Infrastructure investments emphasizing long-term assets.

In the fiscal year 2022-2023, Gimv’s net profit was recorded at €42 million, translating to a profit per share of €2.14. The company’s return on equity (ROE) during this period stood at 6%.

Gimv’s investment portfolio includes around 35 companies across various sectors. The firm follows a rigorous selection process to identify investment opportunities that offer significant growth potential and a solid competitive advantage.

In terms of sectors, Gimv's focus areas include:

• Healthcare: Hospitals, medtech companies, and pharma.
• Technology: Software, IT services, and digital platforms.
• Consumer Goods: Food, fashion, and retail businesses.

As of August 2023, Gimv’s market capitalization stands at approximately €600 million. The company’s shares have seen a price increase of 15% over the past year, reflecting a positive market sentiment and strong performance of its underlying investments.

The firm also actively engages in co-investment opportunities with other private equity firms, enhancing its capital base and diversifying its risk profile. Furthermore, Gimv maintains a disciplined approach to exit strategies, typically through trade sales, private placements, or public offerings, maximizing returns for its investors.

Gimv is listed on Euronext Brussels under the ticker symbol GIMB. As of the latest update, the stock price is approximately €45 per share. The firm distributes dividends based on its profit-generating capacity, with a payout ratio around 30% in the last fiscal year.

In conclusion, Gimv NV operates as a multifaceted investment entity focused on delivering capital growth through strategic investments in diverse sectors, backed by solid financial performance and an established investment track record.

How Gimv NV Makes Money

Gimv NV, a Belgian investment company, generates revenue primarily through private equity investments, venture capital, and fund investments. The company's portfolio spans multiple sectors, including healthcare, technology, and consumer goods. As of the most recent fiscal year, Gimv reported a net profit of €28.5 million, representing a significant increase from the previous year's profit of €21.9 million.

The revenue model of Gimv is multifaceted, with returns coming from realized gains on investments, management fees from affiliated funds, and dividends from portfolio companies. In fiscal year 2022-2023, Gimv had total investment income of €58 million, of which realized gains accounted for €36 million.

In addition to direct investment returns, Gimv also benefits from its strategic partnerships and co-investment opportunities, which enhance its investment capabilities and broaden its portfolio's diversification. The company typically targets mid-market companies, aiming for investments ranging between €10 million to €30 million per deal.

Gimv’s investment strategy emphasizes growth-oriented sectors. In recent years, healthcare has become a focal point, with investments in companies such as OncoOne and AstraZeneca. The healthcare sector accounted for approximately 30% of Gimv's total portfolio value in 2023.

As of the end of the fiscal year 2022-2023, Gimv's total assets under management were reported at €1.2 billion, illustrating the scale of its operations within the investment landscape. The company also maintained a strong liquidity position with a cash balance of approximately €150 million.

With a disciplined approach, Gimv endeavors to achieve long-term capital appreciation while managing risks through a diversified investment strategy. This model has allowed the company to consistently outperform the market, with an average annual return of around 12% over the past five years.

Gimv continues to focus on innovation, with a specific interest in technology-driven companies, reflecting a trend towards digital transformation across industries. The technology sector now represents about 25% of its overall portfolio, with notable investments in firms such as Teamleader and Exadron.

The outlook for Gimv remains positive, bolstered by its robust investment framework and commitment to sectors poised for growth in the post-pandemic economy. As a recognized player in the investment landscape, Gimv's diversified approach equips it well to navigate the complexities of the financial markets and capitalize on emerging opportunities.