Vendis reinforces its team
Vendis Capital Management (“Vendis”), a leading small to mid-market private equity investor specialized in the European consumer sector, is pleased to announce the appointment of two new members of its team. Vincent Braams joins the firm as Partner and will be based in the Netherlands. Catherine Jully, a French national, joins as Investment Analyst.
The appointments follow Vendis’ successful first close on its second fund, Vendis Capital II, at €125 million. The fund has a target of €150 million and follows the same strategy as its predecessor fund, seeking to build value in small to mid-market differentiated consumer companies in attractive sub-segments of the market.
Vincent Braams joins the Vendis team with over 20 years experience in the consumer sector, of which 17 years at established multinationals Nestlé and FrieslandCampina, and 4,5 years as CEO of private equity owned Smartwares (non-food consumer products), where he significantly grew the company through 11 buy-and-build transactions. Vincent will be based in the Netherlands and will facilitate the continued development of Vendis there, together with Michiel Deturck (Founding Partner) and Arjan Elderhorst (Investment Manager) who also cover the Dutch market.
Catherine Jully joins Vendis as Investment Analyst. She worked previously as Analyst at Accurary, a financial consultancy firm, in Paris. She has a master in Finance from HEC Paris and a Bachelor in Law from Versailles University.
“We are very pleased to have both Vincent and Catherine on board,” comments Michiel Deturck, Founding Partner at Vendis. “Vincent, who joins as Partner, comes with tremendous sector experience, both in the food and beverage segment, and in non-food consumer products. The addition of Vincent is an important step for Vendis to even better cover the Dutch market while strengthening at the same time our value added towards our current and future portfolio companies. The appointments of Vincent and Catherine reflect Vendis’ ambition to be the leading consumer-sector specialist investor in the European small to mid-market.”