Bencis Capital Partners has acquired Geo Square NV
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On the 1st of April 2021, De Cronos Group sold its position in Geo Square to Bencis Capital Partners.
Geo Square is primarily active in sectors including government, utility, large industry, construction, transport and service companies, where it offers a complete range of services, products and solutions.
Bencis is an independent investor that has supported entrepreneurs and management teams in realising their growth ambitions for over 20 years, both organically and through acquisitions. The participating interest in Geo Square is an investment by Bencis VI, Bencis’ sixth fund through which it raised €575 million by the end of 2020.
Geo Square, the Belgian expert in geoinformation services, is to join forces with investment company Bencis to further realise its strategic growth plans, strengthen its position in the Benelux and expand to other Western European markets.
JBR
