Search company, investor...

Predict your next investment

La Societe Federale de Participations et d'Investissement company logo
Asset/Investment Management
sfpi-fpim.be

Investments

54

Portfolio Exits

7

About 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.

Headquarters Location

SFPI-FPIM Avenue Louise 32 boîte 4

Brussels, 1050,

Belgium

02 548 52 11

Want to inform investors similar to La Societe Federale de Participations et d'Investissement about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest La Societe Federale de Participations et d'Investissement News

Belgium sells stake worth €2.17bn in French lender BNP Paribas

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.

CBI Logo

La Societe Federale de Participations et d'Investissement Investments Activity

investments chart

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

3

12/15/2022

Series A

Subscribe to see more

$99M

Subscribe to see more

10

11/16/2022

Series C

Subscribe to see more

$99M

Subscribe to see more

10

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

Subscribe to see more

Subscribe to see more

Amount

$29.1M

$7.09M

$4.11M

$99M

$99M

New?

Yes

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

2

3

10

10

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

$99M

3

6/29/2023

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

11/1/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

7/24/2020

IPO

Subscribe to see more

$99M

Subscribe to see more

10

5/13/2019

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

8/21/2023

6/29/2023

11/1/2021

7/24/2020

5/13/2019

Exit

Corporate Majority

Acquired

Acquired

IPO

Acquired

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

10

10

10

10

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

$99M

Corporate Majority

1

Date

2/7/2020

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

1

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.