For over 19 years, the Nederlandse Vereniging van Participatiemaatschappijen (NVP) has been monitoring, together with the Corporate Finance team of PwC, the most important developments in the Dutch private equity and venture capital market.
Since 2007, data are based on PEREP_Analytics, a pan-European data collection, supported by Invest Europe, NVP and 20 other European private equity and venture capital industry associations. In 2016 this system was superseded by the European Data Cooperative (EDC), the first truly pan-European data collection exercise. The EDC is a non-profit organisation. The EDC platform is jointly owned and operated by the private equity and venture capital associations across Europe and serves as a single data entry point for their members and other contributors across Europe bringing together 3,500 firms, 7,500 funds, 65,000 portfolio companies and 250,000 transactions.
Using one platform with a standardised methodology allows us to have consistent, robust pan-European statistics that are comparable across the region.
As a result the EDC produces the most trusted and comprehensive overview of private equity and venture capital markets available, enabling us to better inform fund managers, investors, policymakers, regulators and other stakeholders.
By using a questionnaire and reliable public sources, the research covers around 95% of investments by Dutch parties as well as around 95% of investments in Dutch companies. Members as well as non-members of the NVP contribute to the research. This may be completed with publicly available information before extensive auditing.
The NVP receives extensive support from PwC Advisory's Corporate Finance Team for several months a year in gathering, processing and presenting these data. Because of this support and the resulting above-average response-rate of all private equity and venture capital firms in The Netherlands, the quality of the NVP study ranks among the best of Europe. The NVP would like to thank PwC Advisory for the support they have lent to this study for more than 19 years.
Normally, debt is not taken into account in this study. Only in very few cases will transaction values be presented. Because usually only the actual equity investment by the private equity or venture capital firm is presented, the data in this report significantly differ from those in other studies.
Better information about previous transactions becomes available continually. Therefore some data may be restated and therefore deviate from previously published data.
The funds included in the statistics are:
The following funds are excluded from the statistics:
This document provides the conversion table from Invest Europe sectoral classification to NACE codes.
Fundraising methodologyDirect private equity investment funds that primarily focus on investments in Europe are monitored. Funds raised are recorded in the country of the advisory team that is raising/managing the fund (“industry statistics”).
Investment MethodologyIndustry statistics are an aggregation of figures according to the country of the private equity firm’s office in charge of the investment. At European level, this relates to investments made by European private equity firms regardless of the location of the target company.
Market statistics are an aggregation of figures according to the location of the portfolio company. At European level, this relates to investments in European companies regardless of the location of the private equity firm.
Equity value: The amount of capital invested to acquire shares in an enterprise. The equity value includes equity, quasi-equity, mezzanine, unsecured debt and secured debt provided by the firm.
Divestment methodologyIndustry statistics are an aggregation of figures according to the country of the private equity firm’s office in charge of the divestment. At European level, this relates to divestments made by European private equity firms regardless of the location of the target company.
Market statistics are an aggregation of figures according to the location of the portfolio company. At European level, this relates to divestments of European companies regardless of the location of the private equity firm. Divestment amounts (including write-offs) are recorded at cost (i.e. the total amount divested is equal to the total amount invested before).
Market (MK)- versus industry (IND)-analysis
These figures distinguishes between data regarding Dutch private equity and venture capital firms (industry analyses, IND) and investments in Dutch companies by (local or foreign) private equity firms (the market analysis, MK).
Trend report (from 2007) with:
Size of investments, divestments and fundraising
Regional development funds
Corporate Venture Capital
Extra splits on size of investments
Capital under management and number of Dutch general partners.
Transaction values buyouts [adendum May 2018]
Geographical origin of investments [ademdum May 2018]
Definition list and sector description.
[All industry analyses]
Please contact Felix Zwart of the NVP for further clarification of these data. The NVP will never disclose data that can be traced back to individual cases.