Background

Riflebird is a closed group of private investors with a common long term investment approach of creating enduring profitability through own operational involvement or strategic reorientation.
Originated as a spin-off from Andlinger & Company (www.andlinger.com), Riflebird broadened its range together with likeminded private investors, creating a strong platform of investment and operational experience.


Strategy

Closed group of private investors.
No maximum holding period, open ended financial commitment.
No restrictions by fund policies or rules.
Flexible in investment selection, price structure, reps & warranties, transaction structure, etc.
Create value through own operational involvement, either through profitability improvement and/or growth.
Offer extensive business development experience and a broad network, supporting all of our portfolio companies.
Quick decision making, limited and efficient board meetings, common sense approach tailored to each individual company’s needs.


Investment focus


  • Innovation champions or strong niche players, preferably with potential to improve.
  • Turnovers € 20 – € 200 million.
  • Potential to establish proprietary know-how based on technology, sales network, asset base, distribution system, etc., resulting in high barriers to entry.
  • European or worldwide operations or potential to expand.
  • Special situations with potential for improvement:
    • initiation or reinforcement of international growth,
    • innovation through product re-engineering and design,
    • improvement or reorientation of sales strategy toward margin increase based on technological advantages,
    • pricing strategy improvement,
    • carve-out issues,
    • production efficiency and flow optimization,
    • lean production and operations, lean organization and organizational improvement,
    • plant lay-out improvement.


  • B2B or industrial client base.
  • Primarily industrial and/or technical companies.
  • Sectors of no interest: consumer goods, retail, consumer ready food, media, financial institutions.


  • Central and Northern Europe with focus on Benelux and Germany.


  • Enterprise value in the range of € 10 – 100 million.


  • 100 % ownership preferred, full control required.
  • Management participation preferred.
  • 50 % financing leverage preferred, or as appropriate for specific transactions.



Investments

Riflebird partners are or have been actively involved in an extensive number of industrial groups or companies, providing us with an extensive industrial network.
The most relevant or recent ones are listed hereunder.

Citrique Belge

Citrique Belge

Standardkessel Baumgarte

Standardkessel Baumgarte

Green Energy Hawaii

Green Energy Hawaii


Choice Genetics

Choice Genetics

Primus Laundry Group

Primus Laundry Group
  • A global supplier of industrial washing machines
  • Based in Gullegem, Belgium and Příbor, Czech Republic
  • Former Andlinger participation
  • www.primuslaundry.be

Eska

Eska
  • A global partner and supplier of graphic board solutions
  • Based in Groningen, the Netherlands
  • Andlinger participation
  • www.eska.com


Crown Van Gelder

Crown Van Gelder
  • A specialty paper producer
  • Based in Velsen, the Netherlands
  • Andlinger participation
  • www.cvg.nl

Sedis Logistics

Sedis Logistics

Llogs Internationale Expeditie

Llogs Internationale Expeditie
  • A specialty logistic services provider
  • Based in Roosendaal, the Netherlands
  • www.llogs.eu


Team

Francis Coucke, investment team member

Francis Coucke

Managing partner


General Strategy


Deal Selection
Filip-Ackerman, investment team member

Filip Ackerman

Managing partner


Transaction Management


Financial Structuring

Sylvia Gilis, investment team member

Sylvia Gilis

Managing partner


Head of acquisitions


Strategy & Sales
Hein Stoops, investment team member

Hein Stoops

Partner


Deal sourcing & Selection


Financial & tax management of or support to portfolio companies

Tim Beulens, investment team member

Tim Beulens

Partner


Manufacturing engineering


Operations management and lean production


Corporate M&A Management


Business Development


Brandaan Mombaers, investment team member

Brandaan Mombaers

Attorney Seconded to the Company


Legal & Compliance, Deal structuring


Legal management of or support to portfolio companies



Contact


[x_icon type=”home”] Ave Louise 222 / Box 6 – 1050 Brussels – Belgium

Sylvia Gilis

[x_icon type=”envelope”] sgilis@riflebird.be
[x_icon type=”phone”] +32 477 41 45 03

Hein Stoops

[x_icon type=”envelope”] hstoops@riflebird.be
[x_icon type=”phone”] +31 6 132 245 51