Quinz has advised Gimv in the acquisition of a minority stake in Projective Group

Projective Group consists of Projective, a consulting firm specialising in operational, regulatory and digital change trajectories in financial services with offices in Amsterdam, Frankfurt, Paris and London; and Exellys, a technology talent incubator that recruits, trains and matches young talent with its customers’ technology needs.

Gimv is a European investment company, listed on Euronext Brussels. With 40 years' experience in private equity, Gimv currently has EUR 2 billion of assets under management. The portfolio contains around 50 portfolio companies, with a combined turnover of EUR 2.5 billion and 14,000 employees.

The current partners and shareholders of the Projective Group will remain on board and retain the majority of the shares. Projective Group wants to accelerate its European expansion, with a particular focus on buy-and-build. With Gimv, Projective Group brings in a long-term partner with a strong investment capacity.

The Quinz deal team was led by Klaas Thibaut and included Wout Hooyberghs and Cody Demuytere. The deal value remains confidential.

More information about this deal on the website of De Tijd and Gimv.