Munich/Amsterdam/Brussels, 15 November 2019 – Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity firms, has agreed to acquire Amadys NV (“Amadys” or “the company”), headquartered in Brussels. Amadys is a leading provider of passive network equipment solutions to all utility segments in Belgium and surrounding countries. Equistone acquires the company from the management and the investment fund Vectis Private Equity. The existing management team, led by CEO Hein Wilderjans, will continue to run the company following the acquisition. The management team will reinvest and will retain a sizable minority share in the company. The transaction is expected to complete in early 2020. The financial terms of the transaction are undisclosed and the acquisition remains subject to clearance from the relevant competition authorities.


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