The brush cutter industry in Benelux encompasses companies that manufacture and sell lawn care equipment, specializing in brush cutters, trimmers, and related tools. This industry sees a range of operators from established machinery manufacturers to innovative startups. Many companies are increasingly prioritizing eco-friendly products, as consumers demand machines that blend efficiency with sustainability. Automation and smart technology integrations are becoming common, paving the way for higher efficiency in landscaping and agriculture. As urban green spaces grow, the demand for reliable and professional-grade equipment in Benelux is set to surge in the coming years.


The roster of investors includes a mix of private equity and venture capital firms, headquartered across major cities like Amsterdam, Luxembourg, and Brussels. These investors vary in size, with many employing teams of 11-500 professionals. Most firms were founded between the late '90s and early 2000s, reflecting a modern approach to investment. In 2024, they engaged in a range of funding activities, from Mutares Benelux's 16 deals to ABN AMRO Bank's strategic investments. This landscape indicates a robust interest in sectors related to outdoor machinery, notably brush cutters.


Top 13 Brush Cutter Investors in Benelux


1. Mutares Benelux

  • Website: mutares.com
  • Type: Private Equity
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2021
  • Headcount: 51-200
  • Number of deals in 2024: 16
  • LinkedIn: mutares-benelux

Mutares Benelux, a private equity firm based in Amsterdam, was founded in 2021 and specializes in acquiring and managing companies in transition. The firm focuses on providing operational support and consulting services to enhance profitability and growth across various sectors, including automotive, technology, and retail. Notably, Mutares has made strategic acquisitions that strengthen its portfolio in relevant industries. One significant transaction is the acquisition of SABO Maschinenfabrik from John Deere, which specializes in lawn and garden equipment, including brush cutters. This acquisition, completed in June 2020, highlights Mutares' commitment to the gardening and landscaping sector. Other acquisitions, such as Royal De Boer and GDL Anläggning & Miljö AB, further demonstrate Mutares' strategy to bolster its Goods & Services segment, which may encompass companies involved in outdoor equipment and services.


2. Triton Partners


Triton Partners is a private equity investment firm based in Luxembourg, founded in 1997. The firm specializes in private equity and credit investments in European mid-market businesses, focusing on sectors such as Business Services, Industrial Tech, and Healthcare. Triton provides operational expertise and capital to help companies unlock their full potential, partnering with management teams to address challenges and drive growth. Notably, Triton has been involved in several acquisitions relevant to the industrial sector, including the acquisition of Royal Reesink Group, a distributor of machinery and equipment, which could encompass brush cutter products. Other significant transactions include the acquisition of Dunkermotoren GmbH and Battenfeld-cincinnati, both of which are involved in industrial technology, further showcasing Triton's commitment to investing in sectors that may intersect with the brush cutter industry.


3. NPM Capital

  • Website: npm-capital.com
  • Type: Private Equity
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 1948
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: npm-capital

NPM Capital is a private equity investment firm based in Amsterdam, Netherlands, founded in 1948. The firm specializes in supporting medium-sized and large family-owned enterprises in the Benelux region, providing both capital and strategic advisory services to foster growth and sustainability. NPM Capital operates across various sectors, including technology, education, and outdoor equipment. Notably, they have been involved in several transactions that may align with the brush cutter industry. For instance, their acquisition of Oxbo International Corporation in 2018, which manufactures agricultural machinery, and Dieseko Group B.V. in 2013, known for its construction machinery, highlight their engagement in sectors that could relate to brush cutters. Additionally, their investment in Kramp Groep, a company that supplies parts and equipment for agriculture and horticulture, further emphasizes their relevance in the outdoor machinery space.


4. Cvc

  • Website: cvc.com
  • Type: Private Equity
  • Headquarters: Luxembourg
  • Founded year: 2005
  • Headcount: 1001-5000
  • Number of deals in 2024: 16
  • LinkedIn: cvc-capital-partners

CVC Capital Partners is a prominent private equity firm based in Luxembourg, founded in 2005. It specializes in private equity, credit, secondaries, and infrastructure, managing approximately €193 billion in assets for over 1000 clients, including pension funds and institutional investors. CVC has a diverse portfolio, with notable transactions including the acquisition of Hozelock in 1999, a company known for its garden and outdoor products, which may encompass brush cutters. Additionally, CVC's investment in Asplundh Tree Expert Co in 2017 highlights their engagement in the tree care industry, which often utilizes brush cutters for maintenance. Other acquisitions, such as Betafence and Radwell International, showcase CVC's broad investment strategy, but their specific involvement in outdoor and gardening sectors makes them a relevant player in the brush cutter market.


5. ABN AMRO Bank N.V.

  • Website: abnamro.nl
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 1991
  • Headcount: 10001+
  • Number of deals in 2024: 3
  • LinkedIn: abn-amro

ABN AMRO Bank N.V. is a prominent financial services institution based in Amsterdam, Netherlands, founded in 1991. It offers a comprehensive range of banking products, including personal accounts, loans, mortgages, investment management, and insurance, catering to both individual consumers and businesses. Notably, ABN AMRO Fund acquired STIGA S.p.A. on November 11, 2003, a company recognized for its outdoor power equipment, including brush cutters. This acquisition highlights ABN AMRO's involvement in the brush cutter industry. Additionally, the bank has participated in various funding rounds, such as Barge Master's private equity round in 2015 and Colibri Energy's Series A in 2023, showcasing its diverse investment portfolio, although these transactions are less relevant to the brush cutter sector.


6. Synergia Capital Partners


Synergia Capital Partners is a private equity investment firm based in Veenendaal, Utrecht, Netherlands, founded in 1999. The firm specializes in providing growth capital and management buy-outs to mid-sized enterprises, primarily in the Netherlands. They support businesses in their international expansion and professionalization efforts across various sectors, including food, agriculture, industry, software, services, and healthcare. Notably, Synergia has been involved in transactions with companies like Van Wamel, which raised funds in 2017 and is associated with agricultural machinery, and Oxbo International Corporation, which raised funds in 2010 and operates in the agricultural sector. These transactions indicate Synergia's engagement with industries that may overlap with the brush cutter market, particularly in agricultural applications.


7. Brabantse Ontwikkelings Maatschappij (BOM)


The Brabantse Ontwikkelings Maatschappij (BOM) is a venture capital firm based in Tilburg, North Brabant, Netherlands, founded in 1983. BOM acts as a development agency that supports startups and scale-ups in the Brabant region, offering various programs aimed at enhancing business growth. They provide funding, expertise, and networking opportunities to facilitate success in competitive markets. Notably, BOM has participated in investments such as AvL Motion, which raised €1 million to develop an autonomous selective asparagus harvesting robot, showcasing their interest in agricultural technology. Additionally, they invested in Trabotyx, further indicating their engagement in innovative sectors. BOM's focus on sustainable food and energy aligns with the broader agricultural technology landscape, which may include brush cutter innovations.


8. Future Food Fund

  • Website: futurefoodfund.com
  • Type: Venture Capital
  • Headquarters: Utrecht, Utrecht, Netherlands
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 5
  • LinkedIn: future-food-fund

Future Food Fund is a venture capital firm based in Utrecht, Netherlands, specializing in food and agriculture technology investments. Founded in 2016, the firm focuses on early-stage startups in Western Europe, providing capital, expertise, and a network to help these businesses innovate and create sustainable food systems. Their mission is to drive environmental impact through strategic investments in the food and agriculture sector. Notably, Future Food Fund has invested in AvL Motion, which is developing an autonomous selective asparagus harvesting robot, showcasing their commitment to agricultural innovation. Additionally, they participated in a €2 million Series A funding round for Phenospex, a startup focused on developing new technologies in agriculture, including robotics and automation. These transactions highlight their active role in advancing agricultural technologies that could intersect with the brush cutter industry.


9. Astanor

  • Website: astanor.com
  • Type: Venture Capital
  • Headquarters: Luxembourg
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 10
  • LinkedIn: astanor-venture

Astanor is an impact investment firm based in Luxembourg, founded in 2017, that specializes in the agrifood tech sector. They focus on supporting innovative companies that aim to create sustainable food systems through strategic guidance and investment. Astanor has been involved in several significant transactions, including a Series C investment of $133 million in Monarch Tractor on July 22, 2024, and a Series B investment of $61 million in the same company in November 2021. Monarch Tractor is known for its electric tractors and agricultural machinery, which are relevant to the brush cutter industry. Additionally, Astanor led a €6 million Series A funding round for MagGrow, an agri-technology company, further demonstrating their commitment to advancing agricultural technologies. Their expertise in agrifood tech positions them as a valuable investor in sectors related to agricultural tools and machinery, including brush cutters.


10. Ergon Capital


Ergon Capital is a private equity firm based in Brussels, Belgium, founded in 2005. The firm specializes in investment management and sustainability consulting, partnering with families, entrepreneurs, and management teams to enhance business value while promoting ESG initiatives. Ergon Capital operates across various sectors, providing strategic support to its portfolio companies. A notable transaction includes the acquisition of Summa, a company in the digital cutting tools market, which aligns with the brush cutter industry. This acquisition reflects Ergon's commitment to supporting growth in sectors related to cutting tools, indicating their potential relevance to the brush cutter market.


11. Pitchdrive

  • Website: pitchdrive.com
  • Type: Venture Capital
  • Headquarters: Antwerp, Flanders, Belgium
  • Founded year: 2018
  • Headcount: 11-50
  • Number of deals in 2024: 16
  • LinkedIn:

Pitchdrive is a venture capital firm based in Antwerp, Flanders, Belgium, founded in 2018. The firm specializes in early-stage investments, providing funding and mentorship to startups across various sectors, including B2B SaaS and e-commerce. Notably, Pitchdrive participated in a seed round for BOOM Brush, raising $1,120,442 on July 22, 2019. This investment highlights their willingness to support innovative business models, even in niche markets like brush products, showcasing their commitment to fostering entrepreneurial success in diverse industries.


12. Bencis


Bencis is a private equity investment company based in Amsterdam, Netherlands, founded in 1999. The firm specializes in providing capital and strategic support to business owners and management teams across various sectors, including manufacturing and healthcare. Bencis aims to help businesses achieve their ambitions and enhance their market presence through growth investments. A notable transaction in their portfolio is the acquisition of Oppermann & Fuss (O&F), a distributor of mobile crushers and screeners, announced on November 15, 2022. This acquisition highlights Bencis's involvement in the machinery sector, which may relate to the brush cutter industry, as both involve equipment used in landscaping and construction.


13. V-Bio Ventures

  • Website: v-bio.ventures
  • Type: Venture Capital
  • Headquarters: Ghent, Flanders, Belgium
  • Founded year: 2015
  • Headcount: 1-10
  • Number of deals in 2024: 6
  • LinkedIn: v-bio-ventures

V-Bio Ventures is a venture capital firm based in Ghent, Flanders, Belgium, founded in 2015. The firm specializes in life sciences investments, focusing on innovative companies in therapeutics, diagnostics, and sustainable agriculture. By providing capital and expertise, V-Bio Ventures helps these businesses transform scientific innovations into impactful products, addressing unmet needs in healthcare and agriculture. One of their notable transactions includes a €6.5 million Series A investment in RootWave, a UK startup that is developing technology for automated agricultural weeders. This investment highlights V-Bio Ventures' interest in agricultural technology, particularly in solutions that could enhance efficiency and sustainability in farming practices, which is relevant to the brush cutter industry.



Brush Cutter Insights: Key Investors in Benelux


InvestorHeadquarterSizeFoundedDeals 2024
Mutares BeneluxAmsterdam, North Holland, Netherlands51-200202116
Triton PartnersLuxembourg201-50019976
NPM CapitalAmsterdam, North Holland, Netherlands11-5019481
CvcLuxembourg1001-5000200516
ABN AMRO Bank N.V.Amsterdam, North Holland, Netherlands10001+19913
Synergia Capital PartnersVeenendaal, Utrecht, Netherlands11-5019990
Brabantse Ontwikkelings Maatschappij (BOM)Tilburg, North Brabant, Netherlands51-200198310
Future Food FundUtrecht, Utrecht, Netherlands1-1020165
AstanorLuxembourg11-50201710
Ergon CapitalBrussels, Brussels, Belgium11-5020050
PitchdriveAntwerp, Flanders, Belgium11-50201816
BencisAmsterdam, North Holland, Netherlands11-5019990
V-Bio VenturesGhent, Flanders, Belgium1-1020156


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