Rivean Capital to become majority shareholder of Valcon

Valcon has become the latest European consultancy to take on backing from a private equity firm. Rivean Capital will back the transformation advisory brand, as it looks to accelerate growth across the continent.

Geert van den Goor, CEO of Valcon commented, “This partnership marks a significant milestone in our journey to become the benchmark for digital transformation in Europe.”

Valcon is a north-western European consulting, technology and data company, which seeks to combine premium consulting with deep technology and data knowledge for its clients. Its 1,750 professionals have helped the consultancy to enjoy significant growth over the last five years, with the firm  has offices that span the Netherlands, Denmark, Sweden, the UK, Serbia and Croatia.

Looking ahead, Valcon hopes its partnership with Rivean Capital, a European mid-market private equity firm, will accelerate its growth, and the firm’s ability to help organisations across Europe achieve transformative business outcomes. Van den Goor added that with Rivean’s support, Valcon is “well-positioned to amplify our impact and achieve our ambitious goals for organic and acquisitive growth”.

Rivean Capital will replace Waterland as the existing majority investor, though Waterland will continue to invest as a minority shareholder. The deal is still subject to ACM approval (the Netherlands Authority for Consumers and Markets) and the advisory process with Valcon’s Dutch works council.

Wouter Roduner, managing partner at Waterland added, “It’s been a great journey partnering with the Valcon team. The team has consistently delivered growth - it is always looking to develop its capabilities, such as the addition of AI, to meet client needs. Waterland is therefore committed to continue to support Valcon on the next stage of its growth cycle.”