
Investments
54Portfolio Exits
7About La Societe Federale de Participations et d'Investissement
La Société Fédérale de Participations et d'Investissement centrally manages the federal government’s shareholdings, cooperates with the government on specific projects and pursues its own investment policy in the interests of the Belgian economy.

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Latest La Societe Federale de Participations et d'Investissement News
Mar 2, 2023
Belgium acquired a stake in BNP Paribas in 2008. Belgium has reduced its shareholding in French financial services group BNP Paribas by selling shares worth €2.17bn, reported Reuters . SFPI-FPIM, a Belgian government-backed investment company, placed 33 million shares in the bank following an accelerated sale earlier this week. Shares of BNP Paribas were marketed at €64.96 apiece by investment banks. SFPI-FPIM, whose shareholding in the bank fell to 5.1% from 7.8%, said the divesture was part of its efforts to reduce its exposure to the financial services industry. “Following the transaction, SFPI-FPIM confirms its continued support of BNP Paribas and belief in the long-term strategy of the company,” the government-backed entity was quoted by the news agency as saying. The investment firm has agreed not to further dilute its shareholding in the bank for a period of 90 days. The divesture comes as bank valuations rise on the back of soaring interest rates, following years of poor returns, giving governments a chance to sell their stake in banks they bailed out during the financial crisis. Following the rescue of the Belgian financial services business Fortis, Belgium acquired a stake in BNP Paribas. In 2008, Belgium acquired Fortis in a €9.4bn deal and it sold 75% of it to BNP Paribas in exchange for the bank’s shares. Fortis got into trouble just before the credit crunch and the world financial crisis. It spent €24bn to purchase the Netherlands operations of ABN AMRO . Share this article
La Societe Federale de Participations et d'Investissement Investments
54 Investments
La Societe Federale de Participations et d'Investissement has made 54 investments. Their latest investment was in AbolerIS Pharma as part of their Series A on September 9, 2023.

La Societe Federale de Participations et d'Investissement Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/18/2023 | Series A | AbolerIS Pharma | $29.1M | Yes | 2 | |
7/3/2023 | Series C | OncoDNA | $7.09M | No | 2 | |
1/18/2023 | Series B - II | Synergia Medical | $4.11M | No | Invest BW, Investsud, La Societe Federale de Participations et d'Investissement, Newton Biocapital, Societe Fougeraise de Peinture Industrielle, TheClubDeal, and Undisclosed Angel Investors | 3 |
12/15/2022 | Series A | |||||
11/16/2022 | Series C |
Date | 9/18/2023 | 7/3/2023 | 1/18/2023 | 12/15/2022 | 11/16/2022 |
---|---|---|---|---|---|
Round | Series A | Series C | Series B - II | Series A | Series C |
Company | AbolerIS Pharma | OncoDNA | Synergia Medical | ||
Amount | $29.1M | $7.09M | $4.11M | ||
New? | Yes | No | No | ||
Co-Investors | Invest BW, Investsud, La Societe Federale de Participations et d'Investissement, Newton Biocapital, Societe Fougeraise de Peinture Industrielle, TheClubDeal, and Undisclosed Angel Investors | ||||
Sources | 2 | 2 | 3 |
La Societe Federale de Participations et d'Investissement Portfolio Exits
7 Portfolio Exits
La Societe Federale de Participations et d'Investissement has 7 portfolio exits. Their latest portfolio exit was Unifly on August 21, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/21/2023 | Corporate Majority | 3 | |||
Date | 8/21/2023 | ||||
---|---|---|---|---|---|
Exit | Corporate Majority | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 |
La Societe Federale de Participations et d'Investissement Acquisitions
1 Acquisition
La Societe Federale de Participations et d'Investissement acquired 1 company. Their latest acquisition was SABCA on February 07, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
2/7/2020 | Corporate Majority | 1 |
Date | 2/7/2020 |
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Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Corporate Majority |
Sources | 1 |