Private Equity, but a little different

Partners for entrepreneurs who want to grow together

More than investors — we are operators and tech experts who have built, scaled, and improved ourselves

Operators at work
Technology and innovation

Private equity with AI execution power

Capital with added value

We connect your business with investors who bring relevant industry expertise

Hands-on execution

From plan to practice. We help you deliver

Buy & build as growth engine

Targeted acquisitions, tight integration, more firepower

Technology & AI as accelerator

AI that lands in operations, efficiency that enables growth

Is your company at a crossroads?

Many ideas that get stuck in execution?

Do you have more growth opportunities than your organization can handle today? Are you looking for a partner who helps prioritize and execute?

How will technology impact your organization?

Do you see the potential of AI, but want no experiments — only concrete applications that save time or money?

Grow by acquiring your competitors?

Do you come across interesting acquisition opportunities, but lack the time or deal experience to lead them well?

Thinking about business succession and the next phase?

Are you proud of what you've built, but thinking about the next phase — without losing what makes your company special?

Where we're at our best

Strong foundation

B2B companies with a proven business model and positive cash flow.

Benelux-rooted

A solid home base in the Benelux, with ambition to grow further.

EBITDA €2–8m

Companies in the scale-up phase: large enough for acceleration, entrepreneurial enough for impact.

Growth ambition

Acceleration through internationalization, professionalization, buy-&-build or smart AI applications.

Typical sectors

Business servicesProfessional servicesHR & recruitmentReal estate servicesIndustrial servicesLogistics & supply chain

We are Transformation Capital

Hands-on investors in healthy Dutch B2B companies that want to grow. Our team consists of enthusiastic, entrepreneurial professionals who get energy from helping businesses grow.

Menno van de Waterbeemd

Menno van de Waterbeemd

Commercial & strategy

Gert Jan Hubers

Gert Jan Hubers

Entrepreneurship & network

Mika Bots

Mika Bots

Finance & strategy

Sophie Frohn

Sophie Frohn

Process & operations

Jeroen Slor

Jeroen Slor

Technology & AI

The team

You've built an impressive business. We help you take the company to the next step in its development

Transformation Capital is a spin-off from Nimbus, Europe's most successful hands-on investors, now focused on growth with extra in-house tech and AI expertise.

Questions, answered.

Concretely: we have an in-house operations team that increases the execution power of your organization. We sit at the table, think along, and build the tools that make the difference ourselves. No endless meetings with external developers — we take it on directly.