Foreman Capital

Foreman Capital is an independent private equity firm based in Amsterdam, specializing in investments in mid-sized companies operating in trade, manufacturing, and service sectors across Northwest Europe. The firm primarily invests its own capital, complemented by funds from a select group of high-net-worth entrepreneurs, allowing for flexible and decisive action without externally imposed restrictions. Foreman Capital typically targets companies with an EBITDA between €2.5 million and €25 million, focusing on business-to-business entities involved in commercial services, trade, production, e-commerce, or software. Their investment approach includes various situations such as management buyouts (MBOs), management buy-ins (MBIs), successions, divestitures, turnarounds, and recapitalizations. The firm has a track record of over 25 years in supporting entrepreneurs and management teams in realizing growth ambitions and professionalizing their businesses. Foreman Capital's portfolio includes companies like Protection Group Denmark, DAKaccent, Authentic Cuisine Group, Xomnia, and Fitz. Their investment philosophy emphasizes a seamless collaboration with management, based on trust and responsibility, to drive sustainable growth and value creation. Foreman Capital's team acts as an active sparring partner, providing capital, expertise, and support to help companies achieve their next-phase ambitions, while leaving day-to-day operations in the hands of company management. This approach has led to successful transitions of founder-led enterprises to executive team-led organizations, facilitating further professionalization and growth. The firm's commitment to its portfolio companies is demonstrated by its co-investment strategy, where the entire team invests alongside the companies, aligning interests and fostering a strong partnership. Foreman Capital's focus on sustainable and motivated growth has resulted in a diverse portfolio across various industries, including business services, manufacturing, trade, e-commerce, software, construction, food distribution, data science, artificial intelligence, consulting, healthcare, logistics, media, technology, retail, education, telecommunications, energy, transportation, and real estate. Their investments span multiple countries, including the Netherlands, Denmark, Germany, United Kingdom, Belgium, France, Sweden, Norway, Finland, Austria, Switzerland, Luxembourg, Ireland, Poland, Czech Republic, Slovakia, Hungary, Slovenia, Estonia, and Latvia. This geographical reach reflects Foreman Capital's commitment to supporting companies in their growth journeys across Northwest Europe, leveraging its extensive network and expertise to drive value creation and operational excellence. The firm's investment strategy is characterized by a hands-on approach, working closely with management teams to implement growth acceleration, internationalization, leadership development, and M&A strategies. Foreman Capital's unique model of investing its own capital, combined with the expertise and commitment of its team, has established it as a trusted partner for companies seeking to realize their full potential and achieve sustainable success in their respective markets.

Foreman Capital's portfolio showcases a range of successful investments across different sectors. In the construction industry, the firm acquired D. van der Steen, a provider of municipal asphalt maintenance in the Netherlands, in 2019. The company was sold to a consortium of financial buyers in 2024. In the food distribution sector, Foreman Capital acquired the Asian foods wholesale division from Jan Rijcken Beheer BV (Rijcken Groep) in 2024, which continues to operate under the name Authentic Cuisine Group. In the data science and artificial intelligence domain, Foreman Capital invested in Xomnia, a consultancy organization specializing in these areas, in 2023. Additionally, the firm sold its portfolio company Fitz to Parcom in 2022, following a successful growth strategy. These transactions highlight Foreman Capital's ability to identify and support companies with strong growth potential across various industries.

Foreman Capital's investment philosophy centers on creating value through active collaboration with management teams, providing not only capital but also strategic guidance and operational support. The firm's focus on sustainable growth, professionalization, and value creation has led to a strong track record of successful investments and exits. By aligning interests through co-investment and maintaining a flexible investment mandate, Foreman Capital continues to be a significant player in the private equity landscape, supporting companies in their journey from good to great.