Sofindev Management achieves strong first closing for its Sofindev IV Fund and realizes first transaction through investment in Fedrus Invest Groep
Sofindev, a leading Belgian private equity investor specialized in buyouts and growth capital for small and mid-sized companies in the Belgian market, is pleased to announce that it has secured aggregate commitments in excess of €60 million for its new independent fund, Sofindev IV.
Sofindev IV has already realized its first transaction. On May 28, 2015, Sofindev IV has closed the investment in Fedrus Invest Groep, in which it acquires a significant minority stake. Fedrus Invest Groep is Belgium’s leading player in the wholesale of specialty building materials with a focus on EPDM and the distribution of roof building materials to the professional roofer via the APOK branded distribution network.