What stage does M80 Partners invest at?

M80 Partners invests at the Growth, Late Stage stages.

What is M80 Partners's typical check size?

M80 Partners typically writes checks of $11M – $66M.

Where is M80 Partners located?

M80 Partners is headquartered in Brussels, BE.

Does M80 Partners lead rounds?

Yes, M80 Partners leads investment rounds.

M80 Partners

Private equity

Brussels · Growth–Late Stage · 16 people tracked

★ Follow + Add to CRM ⤳ Find an introduction

✨ Fox Verdict

Investment thesis

M80 invests in mid-market companies across Benelux and France that are ready to challenge the status quo, typically in healthcare, business services and manufacturing. It targets companies with revenue of €25m-€300m, EBITDA of €5m-€30m and enterprise value of €25m-€250m, deploying €10m-€60m of equity as a significant shareholder or lead investor aligned with founders or families. The firm avoids real estate, R&D-based life sciences and pre-commercial technology. Its team of entrepreneurs, former CEOs, private equity and M&A professionals supports portfolio companies on strategy, sales growth and digitization, and integrates ESG considerations throughout its investment process.

Invests inAdvanced Manufacturing Enterprise Software Healthtech Sector AgnosticBelgiumBrusselsEuropeFranceLuxembourgNetherlands

Source: firm website, verified Aug 7, 2026.

Stage

Growth–Late Stage

Check

$11M – $66M

Brussels, BE

Leads rounds

Leads

Instruments

Equity

Tracked investments

Team · 16 people

from the firm's website

Peter Maenhout· Partner/CEO

Founder and CEO of M80, previously a managing director at Gimv where he ran the €609m Gimv-XL fund and Gimv's Belgian private equity and Consumer platform activities. He has held senior roles at Amber Capital, Petercam and Generale Bank.

Carl Annicq· Partner

Digital transformation leader who served as CIO at Raet and led a benchmark lean transformation at Euroclear. He co-founded enterprise transformation consultancy Nova Reperta and began his career at JP Morgan and Ubizen.

Geert Vanderstappen· Partner

Veteran Belgian private equity professional who began in investment banking at BNP Paribas Fortis, co-founded SME buyout fund BOF, and founded Pentahold, an evergreen investment structure for five families.

Jehanne de Walque· Partner/CFO

CFO of M80 with deep financial markets experience, including 15 years as an analyst at Puilaetco and Dexiam. She previously worked with Silicon Valley startups at Pacific Crest Group and led finance for NewTree America.

Pieter Vermeersch· Partner

Serial entrepreneur who founded an OTC healthcare company while studying and spent five years at McKinsey. He built and led Le Pain Quotidien's global franchise network from New York and later became CEO of Le Pain Quotidien Belgium.

Xavier Dura· Partner· Francein

Experienced CEO of lifestyle and FMCG companies in France, including leading two management buy-outs at cosmetics retailer Nocibé and serving as CEO of Wolf Lingerie. He was part of the founding team of children's retailer Okaïdi.

François Bouchat· Principal

Started his career in the public sector advising executives on M&A, financing and tax, focused on the energy sector, before earning an MBA at Kellogg and interning in investment banking at Credit Suisse and Marathon Capital.

Bart Van Hoe· Investment Manager

Started as a research assistant at Vlerick Business School, then worked in TMT client coverage at ING before joining PMV's corporate loans team, working on corporate and acquisition debt transactions and business development.

Eva Van Raefelghem· Associate

Started in strategy consulting at Arthur D. Little focusing on energy transition and telecom, and later worked in financial analysis at Swift.

Julie Geeraert· Associate

Began her career as a strategy consultant at Boston Consulting Group in Brussels, focusing on growth strategies and operational efficiencies across sectors.

Nicolas Pétré· Financial & Reporting Analyst

Began his career in M&A and private equity across Brussels and London, focusing on deal execution and origination in the media and technology sectors.

Paul-Elliott Testelin-Loosdregt· Investment Manager

Gained early experience in equity research at Kepler Chevreux and investment banking at Natixis.

Raphael Cwajgenbaum· Investor Relations

Has over 12 years advising European mid-market private equity firms on primary and secondary capital advisory and co-investments, previously serving as Executive Director at Moelis and working at Lazard's Private Capital Advisory group.

Thibaut Oosterlinck· Investment Manager

Spent most of his career in M&A and investment banking at BNP Paribas in Brussels and Paris, advising large-cap and mid-cap companies and working within the M&A Execution Group and Transportation Industry team.

Tijl Van Ootegem· Analyst

Started his career in private equity, with experience in corporate finance, fixed income and private banking.

Ward Coolman· Investment Manager

Began his career in corporate finance with M&A experience, focusing mainly on valuation models.

What they invest in

from 17 of 24 portfolio companies

Cloud Computing ×5Enterprise Software ×5Advanced Manufacturing ×4AI & Machine Learning ×4SaaS ×3Construction Tech ×2Consumer ×2Cybersecurity ×2

HQs:France×4Belgium×3Netherlands×1

Investments · 24 tracked

founders shown can be your intro path

Accès Visionacces-vision.com

Accès Vision operates a network of 44 ophthalmology centers across France offering eye care services such as OCT scans, visual field tests, contact lens fitting, laser capsulotomy and iridotomy.

HealthtechMedical Devices

Acumen

Brussels-based EU public affairs and strategic communications firm serving multinationals and trade associations.

Acumen Public Affairsacumenpa.comin 𝕏

Acumen is a public affairs and communications agency offering integrated policy advisory and communications services.

GovTech

Apricoaprico-consult.com

Aprico Consult (operating as Yuma) is a consulting firm that helps organizations with AI transformation by combining strategy, architecture, data, AI, software, cloud, security, and design in one integrated approach.

AI & Machine LearningCloud ComputingEnterprise Software

B12 Consultingb12-consulting.com

B12 Consulting (operating as Yuma) is a consulting firm that helps organizations adopt AI by combining strategy, architecture, data, AI, software, cloud, security and design in one integrated approach.

AI & Machine LearningCloud ComputingEnterprise Software

Baltic Innovation Fund 3eif.orgin 𝕏

The European Investment Fund (EIF) provides debt and equity financing to European SMEs and infrastructure projects across their development stages, channelling funding through funds and intermediaries.

FintechImpact & Social Good

BPSOLUTIONS

Mission-critical IT solutions provider, part of the Yuma group.

Eurodommageseurodommages.fr

French wholesale insurance broker specialising in non-standard vehicle risk; invested 2018 and exited 2025.

Gandigandi.netin 𝕏

Gandi is a domain name registrar and web hosting provider that also acts as an SSL/TLS certificate authority, offering PaaS web hosting for small and medium-sized businesses and IaaS services, plus corporate domain portfolio management.

Cloud ComputingCybersecuritySaaSParis, FR

Pierre BeyssacLaurent ChemlaDavid NahmiasValentin LacambreArnaud Franquinet(CEO)

Gerantisgerantis.be

Gerantis provides property management services for co-owners associations and private owners, handling common-area management, tenant follow-up, technical maintenance, and legal obligations, supported by a digital platform called Dobby for financial reporting and decision-making.

PropTechSaaS

Groupe Reliance

French operator of nurseries, micro-nurseries and leisure centers for children (formerly Rigolo Comme La Vie), rebranded after acquiring the Plume network in 2025.

HSU Groephsu-facility.nl

HSU is a professional cleaning services provider with over 200 locations across the Netherlands and new sites in Ghent and Antwerp, Belgium.

Enterprise Software

LASEAlasea.comin

LASEA develops laser micromachining systems and advanced manufacturing technologies, working on optical design, laser engineering, and related software.

Advanced ManufacturingDeep TechHardwareLiège, BE

Axel Kupisiewicz(CEO & Founder)Stéphane Bussa(Chief Commercial Officer)Yannick Leclercq(Chief Services Officer)Jean-François Colson(Chief Operating Officer)Xavier Bruyère(Chief Financial Officer)

Le Pain Quotidienlepainquotidien.com

Le Pain Quotidien is a bakery-restaurant chain serving fresh bread and meals made from natural ingredients, with communal-table dining and a "Better Choices" line of nutritionally balanced dishes.

ConsumerFoodTech

Alain Coumont

Luminisluminis.euin

Yuma (Luminis) provides AI transformation consulting and services, combining strategy, architecture, data, AI, software, cloud, security and design to help organizations apply AI for better decision-making and business value.

AI & Machine LearningCloud ComputingCybersecurity

Multi Asset Managerarchive.org

Naturacarenaturacare.com

Naturacare is a full-service CDMO (contract development and manufacturing organization) that designs, develops, and produces natural health products and dietary supplements for both humans and animals.

Advanced ManufacturingBiotechHealthtechWellness & FitnessMontaigu, FR

Rigolo Comme La Vierigolocommelavie.orgin 𝕏

Rigolo Comme La Vie operates nurseries and micro-nurseries (crèches) focused on early childhood care and parental support, working as a public-service mission for local authorities and companies.

ConsumerImpact & Social Good

SD Worxsdworx.com

SD Worx is a European HR and payroll provider offering payroll and reward, human capital management, and workforce management solutions to employers of all sizes.

Enterprise SoftwareHR TechSaaS

Spantechspan-tech.com

Spantech International manufactures custom modular buildings for industries including live entertainment, soundstages, industrial warehousing, aviation, and sports, offering an integrated engineering, production, and installation service.

Advanced ManufacturingCircular EconomyConstruction Tech

Theumatheuma.comin

Theuma manufactures interior door sets and door systems for residential and commercial construction, including lightweight sliding walls and steel frames.

Advanced ManufacturingConstruction TechNew Materials

Total Design

Leading Dutch digital design and branding agency founded in 1963, part of the Yuma group.

XPLUS

Enterprise IT architecture advisory firm supporting digital transformation, part of the Yuma group.

Yumaweareyuma.com

Yuma is a consultancy that helps organizations adopt AI by combining strategy, architecture, data, cloud, security, software and design into one integrated approach.

AI & Machine LearningCloud ComputingEnterprise Software

Frequently asked questions

What stage does M80 Partners invest at?: M80 Partners invests at the Growth, Late Stage stages.
What is M80 Partners's typical check size?: M80 Partners typically writes checks of $11M – $66M.
What sectors does M80 Partners focus on?: M80 Partners focuses on Advanced Manufacturing, Enterprise Software, Healthtech, Sector Agnostic.
Where is M80 Partners located?: M80 Partners is headquartered in Brussels, BE.
Does M80 Partners lead rounds?: Yes, M80 Partners leads investment rounds.

Similar investors

8VC

8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.

$100K – $50M

Northstar Ventures

Northstar Ventures is a UK venture capital firm based in the north of England that invests in early and later stage high-growth companies tackling global challenges, with a focus on climate tech and healthy ageing.

$38.1K – $1.3M

Innovation Industries

Innovation Industries is a deep tech investor backing companies with ground-breaking technologies aimed at addressing fundamental global challenges, providing support to help them scale and maximize environmental, social, and economic impact.

$2.2M – $54M

TrueLight Capital

True Light Capital is a Greater China-focused asset manager headquartered in Singapore, investing across private and public equities and funds. It operates as an independent, wholly-owned subsidiary of Temasek.

Sun Capital Partners

Sun Capital Partners is a private equity firm focused on operational improvement, partnering with founders and management teams to enhance efficiency and drive sustainable growth.