Private Equity Cycle 2025

About

Are you curious about the world of private equity and eager to gain insight into a high-level combination of strategy and finance? The Private Equity Cycle is the biggest private equity event in the Netherlands, connecting top students with the industry’s leading firms. The event consists of six in-house days and two Private Equity Dinners with three firms present at each dinner.  Are you interested in experiencing what it is like to work in the dynamic field of private equity?  Don’t miss this unique opportunity and apply now!

Program

May 7th – HAL Investments

May 8th – PE dinner with Rivean, Egeria, & 3i

May 9th – Holland Capital

May 12th – Torqx Capital Partners

May 13th – Mentha Capital

May 14th – Gilde Healthcare*

May 15th – PE dinner with Main Capital, IceLake & Parcom

May 16th – Gimv

In-house days will start at 13:00 and end around 18:00 with drinks. The dinners will start at 17:30 and end around 23:00.

Who are we looking for?

This project is designed for students from all backgrounds in the final stage of their Bachelor or Master’s study. An economics-related study background is not a requirement for participation in the event. Therefore, we welcome students from all fields of study who have an affinity with finance.

*Please note fluency in Dutch is required for all days except the in-house day with Gilde Healthcare.

How to apply?

You apply for each day separately and you can apply for a maximum of five days. To apply successfully, please submit a single PDF file containing your CV + University Grades + High School Grades in the following format: CV [first name] [last name]. After applying, you will receive an additional application form through e-mail that MUST be completed to finalize your application. Without completing this last step, your application will not be considered.

After the application deadline, all applications will be sent to the participating companies. They will make a selection of the students that will be invited for the event. As you apply for each day individually, you will only particpate on a specific day of the Cycle if you get selected by the specific company of that day. This means you might not be selected for all the days you applied for. If selected by the participating firm(s), you will receive more information in April.

Application for a maximum of 5 days is allowed. If you exceed the maximum, additional applications will not be considered.

Participating companies

HAL Investments

HAL Investments will give selected students a behind-the-scenes opportunity to be introduced to the challenging world of HAL Investments and Private Equity. HAL Investments is a listed, long-term investment company with a net asset value of €14,99 billion and holds significant positions in a number of listed and non-listed companies in a wide range of industries such as Boskalis (100%), Coolblue (56%), FD Mediagroep (100%), Prodrive Technologies (47%). HAL’s strategy focuses on increasing value through long-term involvement in these companies. 

During the inhouse event on May 7th 2025 you will be given an insight into various aspects of Private Equity and long term investing. Members of the HAL Investments team will take you on an interesting journey to give you a sneak-peak at what is part of their day-to-day business. 

Rivean

Rivean Capital has been on the frontier of mid-market private equity in Europe since 1982, having supported more than 250 companies in realizing their growth ambitions. With assets under management of €5bn, Rivean is amongst the largest and most active dedicated mid-market funds in Europe today. With our team of 40+ investment professionals, we invest in mid-market leading companies (sweet spot Enterprise Value of €100 – €500m) along our 3 investment themes: Internationalization, Digitization and Sustainability. We are active in all major industries, including manufacturing, pharma, consumer goods, food & beverages, IT and engineering. We focus on value creation through our in-house Portfolio Enhancement Program, helping successful companies to achieve accelerated growth, a.o. through buy-and-build, international expansion and large-scale capex investment projects. Rivean operates on global scale through platform investment operations and international add-on M&A activity but is firmly rooted in localculture through our pan-European set-up. Our offices are in the Netherlands (HQ: Amsterdam), Belgium, Germany, Italy and Switzerland.

Egeria

We are Egeria: an independent investment company, aimed at long-term value growth through entrepreneurial partnerships. We have over 25 years of investment experience. Egeria consist of four practices – across four fields of interest, experience, and expertise which share a common focus on attractive, sustainable growth potential, whether in businesses, real estate, or social projects. 

We are pragmatic and no-nonsense investors who do not shy away from a challenge. In fact, that is when we thrive. We believe in growth, and we believe in cooperation. Whether this means working together with entrepreneurs, management teams, architects, or our vast network of industry experts, we aim to be value-adding partners every step of the way. 

Our origin lies in Private Equity, which is still at the core of our business today. Egeria is an active partner that aims to accelerate growth, both organically and through acquisitions. We invest in healthy businesses in the Netherlands, the DACH region, and North America with an enterprise value of up to €500 million, with the underlying principle that management is a co-owner. Our interest lies in businesses with growth potential that are active in a market with attractive prospects. Our investment horizon spans between 5 and 7 years, on average. 

We have a solid backbone of institutional investors, families, and team commitment. Egeria encourages growth initiatives that drive sustainable value creation rather than short-term gains. The common denominators we seek in our investments include strong market positions, sustainable business models, and committed teams. That is what boldly building together means to us. 

We’ve crafted a very active and intensive holding model. By working together, openly and with intensity, we enhance and complement the expertise of entrepreneurs and management teams. We empower entrepreneurs and management teams on their journeys to improvement and growth. Through investments, add-on acquisitions, international expansion, and a strong focus on digitization, we enable their success. 

3i

3i is a publicly listed (FTSE 100) investment company with complementary businesses, Private Equity and Infrastructure, specialising in core investment markets in northern Europe and North America with over 75 years’ experience. As proprietary capital investors we have a long-term, responsible approach. We create value through thoughtful origination, disciplined investment and active management of our assets, driving sustainable growth in our investee companies.  

Through our Private Equity business comprised of c.60 investment professionals across offices in 7 countries we invest in mid-market companies with an enterprise value between €100m – €500m by taking a majority stake. Our current Private Equity portfolio of c.€33bn AUM consists of 26 companies present in over 70 countries. Access to both 3i’s balance sheet and external capital allows us significant flexibility in how we finance deals and the length of our investment hold period. Our typical investment holding period is 3-5 years, although we may hold investments for longer depending on the strategy for the investment. We focus on four core sectors: Consumer & Private Label, Healthcare, Industrial and Services & Software. In each we have a proven track record and a deep international network of contacts.  

In the Benelux, we operate with a team of 10 investment professionals together managing a portfolio of 8 companies including Action, Royal Sanders, BoConcept and Basic-Fit. In the past years we completed the acquisitions of European Bakery Group, Mepal, Yanga, Konges Slojd and VakantieDiscounter as well as the divestment of Nexeye (Hans Anders). 

Holland Capital

Holland Capital is one of the longest standing private equity firms in the Netherlands. They have been successfully and responsibly investing in promising small and medium-sized Dutch and German businesses with growth ambitions for more than 40 years. With a clear investment strategy, they anticipate long-term trends in attractive growth markets, focusing on Healthcare, Technology and Agrifood.

In recent years they have invested in more than 180 entrepreneurs. Currently they have EUR 500m under management. Their funds come primarily from experienced entrepreneurs from the Healthcare, Technology and Agrifood tech sectors, as well as family offices and institutional investors.

The culture at Holland Capital is ambitious, entrepreneurial and open. ”Our close-knit team consists of about 35 young, proactive and motivating professionals who work hard, but also regularly have fun together. We have the option to work out at the gym just around the corner, take a boat ride on the Holland Capital boat during the summer months, and we regularly end the week at our local pub, DOK”.

Torqx Capital Partners

Torqx is a leading investment firm managing over €350m of committed capital that makes investments in leading companies headquartered in the Netherlands and Belgium. We invest in companies across many different industries, but mostly in situations where we can partner with founders and management team members to drive significant growth and profit improvement by implementing focused operational and strategic initiatives. Our fund is backed by highly reputable, international, institutional investors and the Torqx team itself (as second largest investor).  

Our team consists of 10 investment professionals with world-class business backgrounds, a down-to-earth approach, and complementary skills and expertise. We distinguish ourselves through a no-nonsense approach to create more momentum (“torque”) in our portfolio companies by assisting management teams in fine-tuning plans and realizing key initiatives. Not spreadsheets, but entrepreneurship and building even stronger companies are central to us. We like to form close partnerships with entrepreneurs and management teams to accelerate profitable growth and to realize an even better result from joint ownership. For more information about Torqx, please refer to www.torqxcapital.com. 

Mentha Capital

Mentha is a private equity firm focusing on profitable SMEs headquartered in the Netherlands, Belgium and Denmark characterised by sustainable growth opportunities, both organically and through buy-and-build and internationalisation. More specifically, partnerships are entered into with inspired management teams of companies with an EBITDA of €3m to €18m, mostly within the focus areas of technology, business services, consumer, health & wellbeing and advanced manufacturing. With 20 portfolio companies and about 25 (add-on) acquisitions per year, Mentha has built a strong track record and also launched its first Impact Fund in 2024. Mentha’s corporate culture can best be described as authentic, down-to-earth and human. The entrepreneurial team – residing in Amsterdam-North, Antwerp and Copenhagen – consists of over 35 professionals with diverse personalities and backgrounds.

Gilde Healthcare

Gilde Healthcare is a specialized healthcare investor managing over €2.6 billion across two fund strategies: Private Equity and Venture & Growth. The Private Equity franchise of Gilde Healthcare invests in profitable healthcare companies in North-Western Europe, with the aim of growing the business to the next level with our active support and buy & build strategies.  

The Private Equity investment focus covers a broad range of healthcare companies, such as CROs & CDMOs, specialized medical product businesses, Healthcare IT, specialty pharma, outsourcing services and healthcare clinics. Our mission is to invest in companies that enable better care at lower cost. 

The Private Equity team has offices in Utrecht, The Netherlands and Frankfurt, Germany. 

Main Capital

Main Capital Partners is a leading software investor with more than €6 billion in assets under management and more than 20 years of experience in helping software companies grow. The firm works closely with management teams as a strategic partner and has 85 employees across offices in The Hague, Düsseldorf, Stockholm, Antwerp, Paris, and an allied office in Boston. In this dynamic environment, you will have the opportunity to gain international experience and be part of a fast-growing team. Main manages a portfolio of approximately 50 software companies, employing over 15,000 people.  

By working closely with the management teams in its portfolio as a strategic partner, Main helps these companies achieve profitable growth and helps create larger outstanding software groups.  

Main provides Enterprise Software companies with the right knowledge and guidance along their profitable growth journeys. Main’s mission is to drive innovation, increase value, and contribute positively to the entire software ecosystem. It is Main’s belief that in doing so, they will lay the foundation for a better future for the software industry and society at large. 

At Main we are always seeking new ambitious talent to strengthen our young, dynamic, and fast-growing organization. Together, we work hard to achieve excellence and strive to create an inclusive environment where everyone has the equal opportunity to reach their potential. Aside from that, we also know how to have fun and often come together to bond over some drinks and team-building activities. 

IceLake

IceLake is a private equity firm investing in business services companies with an experienced and entrepreneurial management team. These companies have a size of €5 – €30m+ EBITDA at entry with strong market positions and that benefit from our support in executing their growth strategies, such as buy & builds and international expansion. After investing in a company, IceLake works together with management to create strategic and operational plans and provide the support necessary to realize these plans. We have an outstanding track record of successfully partnering with business owners and management teams in a collaborative setting, thereby creating significant added value. IceLake is a fast-growing firm with offices in Amsterdam (HQ), Munich and Brussels. 

Parcom

Founded in 1982, Parcom is a Dutch investment company that helps entrepreneurs and management teams achieve their ambitions and supports them in phases of sustainable growth or transformation. Parcom combines thorough and sound analysis with pragmatic and creative solutions. Parcom believes that people make the difference and works ‘hands-by’ alongside the management teams of its partner companies. 

Parcom’s partner companies, operating in various sectors, include HEMA, Robin Radar, and Elektramat.. Based in Amsterdam, the Parcom investment team is locally-entrenched.  

Parcom also has in-house capital markets and operating teams. For more information see www.parcom.com. 

Gimv

Gimv is a European investment firm listed on Euronext Brussels, specializing in five strategic platforms: Consumer, Healthcare, Smart Industries, Life Sciences, and Sustainable Cities. With a portfolio of over 60 companies generating €4 billion in revenue and employing 20,000 people, Gimv focuses on societal trends like digitalization, energy efficiency, and sustainable growth. 

With 45 years of experience, Gimv invests in ambitious and innovative companies across the Benelux, France, and DACH regions from its offices in the Netherlands, Belgium, France, and Germany. Investments range from €10 to €150 million, supporting strong management teams with solid market positions and significant growth potential through a flexible, long-term approach.