Ergon Capital Partners IV Takes Minority Stake in Sofico

Astorg Mid‑Cap Acquires 51% Stake in Sofico

November 21, 2023

Software

Astorg Mid‑Cap will invest a 51% stake in Sofico in partnership with Sofico founders Gémar Hompes and Piet Maes and existing investor Apheon, with the founders and Apheon significantly reinvesting and remaining involved. Sofico, headquartered in Ghent, is a leading software provider for the automotive leasing and mobility industry, employs over 500 experts, serves major global leasing customers, and will use the partnership to accelerate product development, services expansion and M&A; financial terms were not disclosed and the deal is expected to close in Q1 2024.

Ergon Acquires Majority Stake in TMC

June 20, 2019

IT Services

Ergon Capital Partners IV (Ergon) has acquired a majority stake in TMC, the Netherlands-based provider of technology expertise and R&D services, from funds advised by Gilde Buy Out Partners. The founders and TMC management will reinvest alongside Ergon to accelerate the company's international growth and further develop its high-tech engineering services.

L Squared Capital Partners Makes Growth Investment in Ergo

November 4, 2025

Consulting

L Squared Capital Partners has made a significant growth investment in Ergo, a New York–headquartered geopolitical and strategic intelligence firm. The capital will support Ergo's organic growth, expand its go-to-market initiatives (including the Flashpoints Forum membership), and enable strategic acquisitions while Ergo's management retains a significant ownership stake.

Warburg Pincus Makes Minority Investment in Softeon

October 17, 2019

Software

Warburg Pincus has made a minority growth investment in Softeon, a Reston, Virginia-based provider of supply chain and warehouse management software. The investment will fund Softeon’s expansion of sales and marketing, geographic presence, and product innovation; financial terms were not disclosed.

IK Partners Leads Investment in Sofia Développement

February 23, 2022

Software

IK Partners’ IK Small Cap III Fund has agreed to invest in French e‑health software provider Sofia Développement, joining existing shareholders Extens, Capital Croissance and Bpifrance. The capital will finance accelerated organic growth, product expansion toward a fully integrated digital practice management solution and future acquisitions; management will reinvest alongside the investors.

Ergon Acquires Majority Stake in Satlink

January 4, 2022

Environmental Services

Ergon Capital Partners V (Ergon) has acquired a majority stake in Satlink, a Madrid‑headquartered provider of satellite-based hardware and proprietary data‑analytics solutions for maritime sustainability. Sellers include Artá Capital and founder Faustino Velasco, who will remain involved as Chairman while Artá stays on as a minority shareholder; Ergon will support Satlink's international growth and continued product development.