Acquisition financing of the acquisition of Software Improvement Group

GIM is a Belgian provider of geospatial data engineering, geospatial artificial intelligence and spatial application development. Clairfield Belgium acted as exclusive financial advisor to the shareholders of GIM on the sale to Merkator. The new group becomes a leading provider of geospatial services and products, with a large customer base (500+) in the Benelux.

Belgian Mobile ID recently closed a EUR 24.7m fundraising with six of its existing shareholders and FPIM-SPFI, as a new shareholder owned by the Belgian government who acquires 20% of the shares through its EUR 14.5m investment. Clairfield Belgium has successfully advised Belgian Mobile ID in the fundraising and the selection of the new shareholder. Belgian Mobile ID offers digital identification, authentication and signing services through its mobile application itsme®. The proceeds will be used to further nurture growth in both domestic and international markets. It was recently announced that itsme® serves as authentication means to log in to the CovidSafe.be application launched by the Belgian government, allowing Belgians to consult their Covid certificate.

Clairfield Benelux advised the shareholders of FrontMen and NonDutch in attracting an investor. Independent investor Auxilium Capital acquired Front Men and NonDutch, fast-growing consultancy organisations helping blue-chip customers build state-of-the-art customer facing enterprise applications.

Intersaction acquired PQR and 2ML from Gilde Equity Management Benelux and other sellers. Clairfield Benelux advised private equity investor Intersaction and co-investors Luc Brandts and Robert Pijselman on the arrangement of bank facilities for the acquisitions of PQR and 2ML. PQR is an IT infrastructure specialist, focused on designing, supplying, implementing and migrating workspaces, datacenters and cloud solutions for mid- and large sized organisations. 2ML is an IT managed services company, specialised in IT outsourcing, cloud services and datacenter services.

Clairfield Benelux advised private equity investor Intersaction and co-investors Luc Brandts and Robert Pijselman on the arrangement of bank facilities for the investment in 5W Storage Services. 5W Storage Services is a fast growing IT company providing specialised IT services and solutions for the protection and security of data. The company is active in the design and maintenance of IT infrastructure, mobile security, and disaster recovery systems.

Clairfield Benelux advised Recruitee in attracting growth financing for a further expansion of the business. Recruitee is a fast-growing online recruitment platform with a focus on small- and medium sized enterprises (SMEs).

Clairfield Benelux advised the shareholders of Blink Holding in attracting growth capital from BeLeave Capital for further expansion of the company. Blink Education develops innovative digital teaching methods, designed to increase the involvement of pupils in the learning process. Blink Education is the first educational publisher to offer methods that can be used entirely in a digital environment.

Huawei acquired 100% of M4S, a subsidiary of Option International and injected capital into the Option International Research division. The transaction was executed by Clairfield and Allen & Overy

Side acquired by EastNets Europe. We adviced EastNets Europe through the complete buy process