Company lists · Data refreshed September 2026

Top 25 Lower middle market pe firms based in Belgium

RevenueBase identified 53 lower middle market pe firms headquartered in Belgium as of September 2026 and tracks 714 professional contacts across them, including 315 with verified work emails. Brussels is the largest hub.

This list covers lower middle market pe firms headquartered in Belgium, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 20, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 20, 2026 86% judged on-target in blind review
53Companies
714Contacts tracked
315Verified emails
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The 25 largest lower middle market pe firms based in Belgium

Ranked by team size
Top 25 of 53 lower middle market pe firms based in Belgium, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to lower middle market pe firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 202651-200188 contacts →

Indirect evidence

“Sofina is a Belgium-based investment company listed on the Brussels stock exchange and a supportive partner of entrepreneurs and families managing growing companies.”

Source: RevenueBase Database · checked Sep 20, 2026
2Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 202611-5062 contacts →

Indirect evidence

“Cobepa is an independent, privately held investment company with offices in Brussels and New York.”

Source: RevenueBase Database · checked Sep 20, 2026
3Indirect evidenceKontich, BelgiumHQ checked Sep 20, 20261,001-5,00049 contacts →

Indirect evidence

“Alcopa is a family-owned investment firm headquartered in Belgium.”

Source: RevenueBase Database · checked Sep 20, 2026
4Indirect evidenceDiegem, BelgiumHQ checked Sep 20, 202611-5031 contacts →

Indirect evidence

“Founded in 2009, Vendis Capital is an independent private equity firm specializing in the consumer goods sector in Europe.”

Source: RevenueBase Database · checked Sep 20, 2026
5Partial evidenceLoverval, BelgiumHQ checked Sep 20, 202611-5028 contacts →

Partial evidence

“We are a private investment company originally founded by Albert Frère and a preeminent player on the European investment market.”

Source: RevenueBase Database · checked Sep 20, 2026
6Indirect evidenceGhent, BelgiumHQ checked Sep 20, 202611-5026 contacts →

Indirect evidence

“At WAD Capital, our commitment is unwavering in the quest to empower a new generation of entrepreneurs to navigate the European SME landscape with confidence and innovation.”

Source: RevenueBase Database · checked Sep 20, 2026
7Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 202611-5025 contacts →

Indirect evidence

“Core Equity Holdings is an investment firm targeting long-term private equity investments.”

Source: RevenueBase Database · checked Sep 20, 2026
8Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 202611-5023 contacts →

Indirect evidence

“Kharis Capital is a private equity firm that drives continued growth and innovation in consumer businesses through long-term direct investment partnerships.”

Source: RevenueBase Database · checked Sep 20, 2026
9Indirect evidenceBelgiumHQ checked Sep 20, 20261-1021 contacts →

Indirect evidence

“Finco is an established, independent private equity player in Belgium.”

Source: RevenueBase Database · checked Sep 20, 2026
10Indirect evidenceAntwerp, BelgiumHQ checked Sep 20, 20261-1019 contacts →

Indirect evidence

“Down2Earth Capital is an independent private equity fund established in 2013.”

Source: RevenueBase Database · checked Sep 20, 2026
11Indirect evidenceDiegem, BelgiumHQ checked Sep 20, 202611-5018 contacts →

Indirect evidence

“Sofindev is a leading independent private equity firm, specialised in buyout and growth capital for small and mid-sized companies in the Benelux region.”

Source: RevenueBase Database · checked Sep 20, 2026
12Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 202611-5017 contacts →

Indirect evidence

“Established in 2009 and headquartered in Brussels, Syntagma Capital is an investment management company that invests in businesses able to benefit from its hands-on operational…”

Source: RevenueBase Database · checked Sep 20, 2026
13Indirect evidenceGent, BelgiumHQ checked Sep 20, 20261-1016 contacts →

Indirect evidence

“Tilleghem is een bedrijf dat onderneemt en investeert.”

Source: RevenueBase Database · checked Sep 20, 2026
14Indirect evidenceNazareth, BelgiumHQ checked Sep 20, 202611-5015 contacts →

Indirect evidence

“Backed by entrepreneurs, run by entrepreneurs: Maxus is a pioneering private equity platform, backing the next generation top small and mid-cap fund managers.”

Source: RevenueBase Database · checked Sep 20, 2026
15Indirect evidenceGhent, BelgiumHQ checked Sep 20, 202611-5012 contacts →

Indirect evidence

“Dovesco is a family empowered investment group.”

Source: RevenueBase Database · checked Sep 20, 2026
16Indirect evidenceGent, BelgiumHQ checked Sep 20, 20261-1012 contacts →

Indirect evidence

“Integra is a private equity fund that offers its investors an integrated platform for private equity investments.”

Source: RevenueBase Database · checked Sep 20, 2026
17Indirect evidenceKontich, BelgiumHQ checked Sep 20, 202611-5012 contacts →

Indirect evidence

“Companions is an investment company that co-invests in established SMEs together with ambitious leaders and motivated teams.”

Source: RevenueBase Database · checked Sep 20, 2026
18Indirect evidenceGhent, BelgiumHQ checked Sep 20, 20261-1010 contacts →

Indirect evidence

“3d investors is een familiebedrijf.”

Source: RevenueBase Database · checked Sep 20, 2026
19Indirect evidenceSint-eloois-winkel, BelgiumHQ checked Sep 20, 20261-109 contacts →

Indirect evidence

“Robur Capital was set up in January 2016 by four single-minded entrepreneurs with more than 80 years’ professional experience between them.”

Source: RevenueBase Database · checked Sep 20, 2026
20Indirect evidenceZwijndrecht, BelgiumHQ checked Sep 20, 20261-107 contacts →

Indirect evidence

“Think2Act is a Belgium based investment firm focused on Belgian and Dutch SME companies.”

Source: RevenueBase Database · checked Sep 20, 2026
21Partial evidenceAalter, BelgiumHQ checked Sep 20, 20261-107 contacts →

Partial evidence

“Vectis is een onafhankelijk private equity fonds, actief sinds 2004 en één van de vroege spelers in de Belgische kmo-markt.”

Source: RevenueBase Database · checked Sep 20, 2026
22Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 20261-105 contacts →

Indirect evidence

“Backed by several long standing Belgian Family Offices, Top Tier Access makes investments into the very best performing Private Equity Managers.”

Source: RevenueBase Database · checked Sep 20, 2026
23Indirect evidenceBrussels, BelgiumHQ checked Sep 20, 20261-105 contacts →

Indirect evidence

“E-Capital is an independent private equity investment firm located in Brussels and Luxemburg.”

Source: RevenueBase Database · checked Sep 20, 2026
24Indirect evidenceKnokke, BelgiumHQ checked Sep 20, 20261-104 contacts →

Indirect evidence

“MK3 is an entrepreneurial investment firm focused on supporting the growth and continuity of established, profitable small and mid-sized companies across Europe.”

Source: RevenueBase Database · checked Sep 20, 2026
25Indirect evidenceWaregem, BelgiumHQ checked Sep 20, 20261-103 contacts →

Indirect evidence

“Abacus Investments, member company of holding Abacus Group, is a privately held investment fund, focussing on small and midsize listed companies in Europe as an involved minority…”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 25 of 53 lower middle market pe firms based in Belgium

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Lower middle market pe firms based in Belgium at a glance

As of Sep 20, 2026
44.1%Verified-email coverage
13.5Average contacts per company
1-10Median size (employees)
17.0%Largest-city concentration · Brussels
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
36
11-50
12
51-200
3
1,001-5,000
1

Email recency for this list is measured worldwide rather than for Belgium, so it is reported there. Company counts and contact totals on this page are exact for Belgium, over 53 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among lower middle market pe firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Belgium whose own description of what they do matches “lower middle market pe firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names lower middle market pe firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among lower middle market pe firms, and records with no verified work email. Companies headquartered outside Belgium are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every listed company carries at least one verified work email, 315 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 20, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names lower middle market pe firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many lower middle market pe firms are there based in Belgium?

RevenueBase identified 53 lower middle market pe firms headquartered in Belgium as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Sofina, headquartered in Brussels, tops this list with the largest team on record.

Which city has the most lower middle market pe firms?

Brussels leads with 9 headquartered companies, followed by Antwerpen (2) and Gent (2).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 315 verified decision-maker contacts tracked across these 53 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 20, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.