Sofina Société Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments. Within direct investments, it specializes in growth capital, early, startup, later stages, mature, emerging growth, mid venture, late venture, industry consolidation, and LBO investments. The firm primarily invests in portfolio of companies that engages in digital transformation, consumer & retail, education, healthcare, energy and services, e-commerce, consumer goods, digital, satellite operations, industry, finance companies, and financial services worldwide. It also invests in the media, communications, insurance, property development sectors. The firm typically invests in European based companies with a global exposure, and it also has a particular focus on companies based in Western Europe and Asia such as in India, China and South East Asia and also in the United States. It invests between 75 million ($84.81 million) and 300 million ($339.2 million) in companies with an enterprise value between 250 million ($282.7 million) and 4500 million ($5088.41 million) in minority investments, and 15 million ($16.96 million) and 50 million ($56.54 million) in companies operating in emerging markets or fast growing sectors. It invests in privately owned and listed companies. It invests in private companies to support growth, finance acquisitions, give liquidity to existing shareholders/families, support sales processes, and make minority investment alongside shareholders controlling shareholders and in listed companies for replacement of existing shareholder, long term support of controlling shareholders, and delisting. Within fund of funds, the firm focuses on private equity, venture capital and growth equity funds, and selected relationships in buyout and special situations. It also manages funds in the fields of private equity and hedge funds. It typically invests in the US, Europe and Asia, and also concentrates on emerging markets. The firm makes between 10 million ($11.31 million) and 40 million ($45.23 million) commitments in funds. The firm prefers to hold a minority ownership equity in its portfolio companies and also seeks board seat. The firm also prefers majority stake and co-invests. It typically holds its investments for ten to twelve years. Sofina Société Anonyme was founded in 1980 and is based in Brussels, Belgium with additional offices in Luxembourg and Singapore.

Dannie Heineman

Sofina Société Anonyme

Sofina is a Belgium-based investment company listed on the Brussels stock exchange and a supportive partner of entrepreneurs and families managing growing companies. 
Sofina invests both directly and through Private Equity funds. Its geographical scope is Europe, the United States, and Asia (www.sofinagroup.com).

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Sofina

We are looking for Investment Interns for our Luxembourg (https://lnkd.in/ekNpjNVU) and Singapore (https://lnkd.in/eH7Z9n83) offices.

The latest edition of our biannual newsletter is available. https://lnkd.in/ea4ZmB2S

Syndicate One is starting 2024 with a bang 💥

We are launching the next iteration of our angel investment network: bigger, better and bolder! 🚀 

💰 With €4.8 million in fresh capital from institutional investors, families, and a whole generation of Belgian entrepreneurs (first close)

🤝 With 10 new team members bringing deep knowledge and experience from Deliverect, Collibra, N26 & other scale-ups

🇧🇪 With a renewed belief that together we can bring systemic change to the tech ecosystem in Belgium

Our deepest thanks for our investors and backers' trust and commitment.

We could not have dreamed of a better support to achieve the mission that matters to us all: reinforcing the cycle of entrepreneurial success in Belgium.

(Links to our official press release and news coverage in the comments)

A big thank you to our supporters, including many institutional investors such as Sofina, SFPIM, Wallonie Entreprendre and finance&invest.brussels, as well as leading families and family offices like Balcaen, Vlerick, Berghmans, De Clerck, Hannecart, Vindevogel, Leysen, Van Thillo and Rolin.

We're also psyched that the Belgian entrepreneurial and investment community is backing us in such a big way. 🙏🏼 

Major kudos to our new investors, Jeroen De Wit (Teamleader), Stephane Kurgan (Index Ventures, ex-King), Stijn (Stan) Christiaens (Collibra), Pieterjan Bouten (Showpad), Martijn Theuwissen (DataCamp), Sebastien Deletaille (Rosa), Olivier Verdin (AppTweak), Quentin Nickmans (Hexa), Matthias Geeroms (OTA Insight, now Lighthouse), Cedric D. (Alan), Michel Akkermans (ex Clear2Pay), Guillaume V. (Soil Capital, former Darts-ip), Alex Cardon (Dogchef, ex-Qustomer), Sam Heymans (Lizy), Bart BECKS (Euractiv), Tim Dierckxsens (Venly) and more!

Finally, a warm LinkedIn welcome to our new team members! 

Welcome aboard,

Laurens De Beyter (N26)
Tiny De Waele (Deliverect)
Pierrine Carlier (ex-Proxyclick and Cheqroom, Javry)
Dieter Wachters (ex-Collibra, Raito)
Sibylle Greindl (ex-Accountable)
Cédric Cops (Mediahuis Ventures)
Andy Gijbels, PhD (Start it Accelerate | KBC)
Martin Schmitz (DataCamp)
Pauline Brunel (Blackfin)
Nico Vereecke (BITKRAFT Ventures)

Onwards and upwards!

Congratulations Oviva for reaching this milestone.

Congratulations to the Biobest Group team for their transformative acquisition of Biotrop. Delighted to be part of the journey.

We have published our Half-year report 2023. Please click here to read it in English https://lnkd.in/ev3UrYg8, here to read it in French https://lnkd.in/eB9HdRua, and here to read it in Dutch https://lnkd.in/edUbivC9

The 12th edition of our biannual newsletter is available. https://lnkd.in/d8jyjKva

Great news today on the progress of Sofina in its sustainability journey! 
2/2: proud to count Felix Capital among our core European GPs, Felix Capital who became BCorp certified 
#SDGcontributor #BCorp

Great news today on the progress of Sofina in its sustainability journey!
1/2: proud to be invested in everdrop who became BCorp certified
#SDGcontributor #BCorp

Sofina’s Board and co-workers welcomed more than 50 shareholders at our office this afternoon. All voting items of the EGM and AGM were approved with a near unanimity of the votes. During the meetings, the Board and management reiterated their belief in and commitment to the Company’s strategy. The press release relating to the meetings is available here: https://lnkd.in/dMdYFd63 and the presentations here: https://lnkd.in/dK-3wRQM

Metric
Company Name	Sofina Société Anonyme
Symbol	SOF
MSH ID	COM:SOFINAGROUP
Market	STOCKS
Sector	Financial Services
Industry	Asset Management
Country	BE
Stage
Employee Count	87
Website	sofinagroup.com
LinkedIn	sofina
Founders

Metric
Market Cap	7.42B
Enterprise Value
Monthly Web Traffic	5.57K
Web Traffic Growth	-0.11
Valuation
Raised Capital

Metric
Revenue	529.00M
Revenue (LTM)
Revenue (NTM)
Gross Profit	525.61M
EBITDA	-101.89M
Operating Income	-101.89M
Net Income	-110.13M
EPS	-3.30
Diluted EPS	-3.30
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	1
Operating Profit Margin	0.42
EBITDA Margin	-0.19
Net Profit Margin	0.41
Return on Equity	0.05
Return on Assets	0.04
Return on Capital Employed	0.04

COM:SOFINAGROUP

Sofina

Last Close

221.80

25/11 09:24

Market Cap

7.02B

Beta: -

Volume Today

3.25K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-3.88
P/B Ratio	0.78
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	85.60
EV Multiple	850.41K

Metric
Days Sales Outstanding	-165.49
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle	43.74
Cash Conversion Cycle	43.74
Asset Turnover	0.12

Metric
Operating Cash Flow	321.40M
Free Cash Flow	320.93M
Cash Flow to Debt	0.64
Operating Cash Flow/Sales	0.61
Free Cash Flow Yield	-0.26

Metric
Cash & Equivalents	209.49M
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization	0.07
Debt to Assets	0.09
Current Ratio	884.35
Quick Ratio	899.88

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue	-0.01