Leuven based Venture Capital and Private Equity providers plan joining forces

Leuven, Belgium: 23 December 2010 - Quest Management, managing director of the Euronext Brussels quoted privak Quest for Growth announces today that it has the intention to merge with the also Leuven based Capricorn Venture Partners, managing director of pan-European venture capital funds.

Capricorn Venture Partners NV and Quest Management NV announce that their respective boards of directors have proposed to merge both companies. Capricorn Venture Partners will submit an application to the Belgian regulator, the Banking, Finance and Insurance Commission to obtain a license for asset management and investment advice. Following the granting of the license and the approval of the proposal to merge by the shareholders of the two companies, Capricorn Venture Partners will acquire the activities and the personnel as well as all other assets and liabilities of Quest Management. The merged company will assure the continuity of the advice to and the daily management of the different funds and investment companies.

More info on the press release.

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