Amsterdam and Hamburg-based Endeit Capital, a venture capital firm that invests in growth-stage companies in Europe, has announced that its founder Hubert Deitmers and partner Martijn Hamann will now be the sole owners of the investment company.
Founding partner sells 50% of his shares
Co-founder of Endeit Capital, Joop van den Ende, has sold his 50 per cent stake to Deitmers and Hamann after 15 years in the company. And with this development, Deitmers and Hamann now own 75 per cent and 25 per cent of the shares in Endeit Capital, respectively.
Joop van den Ende, who has been closely involved in the development and management of Endeit Capital since the firm’s inception, comments, “At this stage of my life, I am happy to transfer my share of responsibilities to my partners. Next to that, I would like to continue to co-invest. In this respect, co-ownership is not ideal from a governance perspective. Since 2006 I have enjoyed working with my former Endemol colleagues Hubert and Martijn on the growth of European tech scale-ups. I am extremely proud of what we have been able to achieve for our portfolio companies.”
He further adds, “Endeit Capital is the leading investor in tech scale-ups in the Netherlands and the DACH countries. We have helped more than 30 companies with their further growth, with many successful exits. It is great to see that many entrepreneurs in whom we have invested are now investing in our funds themselves. Endeit is very active, with great new projects on the horizon, and I am happy to remain involved in them as an investor. The period in which we worked together was wonderful. However, now it is time for other things.”
About Endeit Capital
Endeit Capital is a growth capital provider with a focus on European scale-ups based in the Netherlands and Germany. The firm focuses on technology companies that take the leap from the start-up phase to scale-up.
Endeit invests in its portfolio companies as well as provides operational advice. The firm’s partners also support in the areas of expansion, internationalisation, and buy & build.
Talking about Joop, Managing Partner and co-founder Hubert Deitmers, says, “Joop’s wisdom, style, insights, knowledge, and personality were indispensable in getting Endeit Capital initially off the ground and in shaping it in a way that sets us apart from other investment companies. Joop is the personification of what we call our We Care philosophy: a focus on the business as well as the people within our portfolio companies and on doing business fairly.
He further adds, “We are enormously indebted to Joop, and it is with a heavy heart that we say goodbye to him as co-owner of our company. However, we are delighted that he remains involved as an investor. There are some great, new developments ahead of us, and we are taking these on with great energy and enthusiasm.”
Endeit Capital typically invests in tech companies engaged in sectors such as digital media, edtech, e-commerce, and mobile. They provide mid/later-stage growth capital typically between €3M – €12M to European companies with international growth potential.
Endeit is a co-signer of the United Nations Principles for Responsible Investment. The company has already invested more than €250M in 35 companies. Its notable portfolio companies include Unruly, Blis, Roamler, Paylogic.