Degroof Petercam and Kumulus Partners: joint announcement

Wednesday, May 30, 2018 — Degroof Petercam is highly committed to its investment banking franchise serving in particular Family Business Owners in Europe (mainly in Belgium, France, Luxembourg and Spain). Under the new leadership of François Wohrer, it is further integrating its international platform to fully benefit from the strength of its 150 professionals (including 60 Corporate Finance experts) located in 7 European locations.

Henk Vivile, Head of Belgium M&A, together with his colleagues Johan Verstraeten, Bart Collier, Ruben Goeman and Ken Kerckhofs have decided to start a new challenge outside the group and set up Kumulus Partners, a new advisory firm focused on the mid cap M&A market.

In the short term Degroof Petercam and Kumulus Partners will continue to work together on the execution of a number of ongoing assignments.

 

Francois Wohrer, Group Head of Investment Banking at Degroof Petercam said:  "Henk and his colleagues have decided to set up their own corporate finance practice. As a bank of entrepreneurs for entrepreneurs, we are respectful of their ambitions which are in line with the strong entrepreneurial spirit the Bank instills in its staff members.”

Alexis Meeùs, CEO of Degroof Petercam Corporate Finance said: “It has been a pleasure to work with Henk, Johan, Bart, Ruben and Ken. They have contributed to the development of our activities in Flanders. We wish them good luck.”

Henk Vivile, Chairman and founding partner of Kumulus Partners: "After a combined 60 years of service at Degroof Petercam, my colleagues and I feel it is time to write a new chapter.  We are grateful to Degroof Petercam for the opportunities it has given us over all these years.  Now, together with my long standing colleagues and partners  Johan, Bart, Ruben and Ken, we have decided to set up our own M&A advisory practice aimed at the mid market opportunities.

 

About Degroof Petercam

Degroof Petercam is a reference financial institution with a history dating back to 1871. As an independent group owned by family shareholders with a long term commitment, we serve private and institutional investors.

Our clients benefit from a unique combination of services in private banking, institutional asset management, investment banking (corporate finance and financial intermediation) and asset services. We manage assets of ca 55 billion euro for private investors and families, corporates, pension funds, universities, insurance companies, governmental and non-profit organizations.

Headquartered in Brussels, we employ around 1 370 professionals through offices in Belgium, Luxemburg, France, Switzerland, Spain, The Netherlands, Germany and Italy.

 

About Kumulus Partners

Kumulus Partners is a newly incorporated advisory firm, established by Henk Vivile, Johan Verstraeten, Bart Collier, Ruben Goeman and Ken Kerckhofs, aimed at providing independent corporate finance advisory services to family owned businesses and investment funds.  The team combines strong track record, deep knowledge and international reach to mid cap M&A opportunities.  It has successfully advised on numerous transactions over many years.

 

For further information:

Degroof Petercam:  François Worher, Alexis Meeùs,
Bob De Leersnyder bob.deleersnyder@degroofpetercam.com or +322 662 87 03

Kumulus Partners: henk.vivile@kumuluspartners.com or +32 477 34 34 23
Website: www.kumuluspartners.com