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NPM Capital

Europe, Noord-Holland, The Netherlands, Amsterdam

Description

NPM Capital is a distinguished private equity firm operating primarily in the Benelux mid-market, headquartered in Amsterdam, the Netherlands. As an integral part of SHV Holdings N.V., a large, privately-owned Dutch conglomerate with a rich history, NPM Capital benefits from a stable and long-term investment philosophy. The firm specializes in providing various forms of capital, including buy-out, growth, and replacement capital, to established companies. Their unique position within a family-owned enterprise allows them to adopt a patient, strategic approach to value creation, often extending beyond typical private equity fund cycles.

The firm targets companies with strong market positions, sustainable growth potential, and robust management teams. NPM Capital explicitly states its focus on businesses with an enterprise value typically ranging between €50 million and €500 million. They are active across diverse sectors, including Business Services, Food & Agri, Industry & Technology, Healthcare, and Consumer. The firm typically seeks to acquire majority or significant minority stakes, indicating a deep commitment to their portfolio companies' strategic direction and operational development. This approach means their equity investments, or first cheques, are substantial, reflecting their desire for meaningful influence and partnership.

Leveraging the financial strength and extensive network of SHV Holdings, NPM Capital is known for its ability to provide flexible and tailored capital solutions. Their investment horizon is notably long-term, typically spanning 5 to 10 years, which distinguishes them from many traditional private equity funds with shorter hold periods. This extended timeframe allows them to support complex transformations and long-term growth initiatives, fostering sustainable value creation rather than quick exits. Their commitment to partnership and long-term vision makes them a preferred investor for family-owned businesses and entrepreneurs seeking patient capital and strategic guidance.

Investor Profile

NPM Capital has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 21 rounds, about 84% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in The Netherlands, Belgium, United States.
  • Strong thematic focus on Manufacturing, E-Commerce, Software.
  • Led 1 rounds in the past year.
  • Typical check size: $16.2M – $324M.

Stage Focus

  • Private Equity (88%)
  • Series C (4%)
  • Series B (4%)
  • Series Unknown (4%)

Country Focus

  • The Netherlands (92%)
  • Belgium (4%)
  • United States (4%)

Industry Focus

  • Manufacturing
  • E-commerce
  • Software
  • Consumer Goods
  • Retail
  • Information Technology
  • Delivery Service
  • Grocery
  • Hardware
  • Product Design
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does NPM Capital frequently co-invest with?

De Hoge Dennen Capital
Europe, Noord-Holland, The Netherlands, Laren
Co-Investments: 2
F
Europe, Vilniaus Apskritis, Lithuania, Vilnius
Co-Investments: 1
Co-Investments: 2

What are some of recent deals done by NPM Capital?

NTS Group

Eindhoven, Noord-Brabant, The Netherlands

NTS Group engages in the production and sales of mechatronic systems and mechanical modules.

IndustrialManufacturingPrinting
Private EquityFeb 14, 2025
Picnic

Amsterdam, Noord-Holland, The Netherlands

Picnic is a fast-growing tech company that has developed a mass-market home delivery system for fast moving consumer goods

Consumer GoodsDelivery ServiceE-CommerceGroceryRetail
Series CNov 28, 2019
Amount Raised: $220,229,876
Ohpen

Amsterdam, Noord-Holland, The Netherlands

Ohpen is a cloud-based core-banking engine

BankingFinanceFinancial ServicesFinTechInformation TechnologyLending
Private EquityApr 18, 2019
Oxbo International Corporation

Byron, New York, United States

Oxbo International develops, manufactures, distributes and supports mechanized solutions for agricultural niche markets

AgricultureMachinery ManufacturingManufacturing
Private EquityAug 3, 2018
Suitsupply

Amsterdam, Noord-Holland, The Netherlands

Suitsupply is a mens fashion brand that is retailed through an online store.

FashionMen'sShopping
Private EquityNov 27, 2017
Ultimaker

Geldermalsen, Gelderland, The Netherlands

Ever since Ultimaker started shipping its first Ultimaker 3D printers in May 2011, the company took a prominent position within the

3D PrintingHardwareSoftware
Private EquityOct 25, 2017
Picnic

Amsterdam, Noord-Holland, The Netherlands

Picnic is a fast-growing tech company that has developed a mass-market home delivery system for fast moving consumer goods

Consumer GoodsDelivery ServiceE-CommerceGroceryRetail
Series BMar 28, 2017
Amount Raised: $108,163,886
Hendrix Genetics

Boxmeer, Noord-Brabant, The Netherlands

Hendrix Genetics is a company in animal breeding.

Food and BeverageFood DeliveryFood Processing
Private EquityJul 27, 2015
The IT Channel Company

Leusden, Utrecht, The Netherlands

The IT Channel Company is an effective mix of companies that significantly improves channels in IT and telecom.

Information ServicesInformation TechnologySoftware
Private EquityMay 24, 2013
FibreMax

Joure, Friesland, The Netherlands

FibreMax is a manufacturer of lightweight synthetic cables for applications in offshore mooring, mining, crane industry, heavy lift.

Industrial ManufacturingManufacturing
Private EquityMay 7, 2013