Distribution centre of a Dutch wholesale business at sunset

Private equity · The Netherlands

Building resilient market leaders

We bring experience from over 100 private equity transactions and partner closely with founders and management teams of (niche) market leaders in wholesale and (IT) business services.

100+
Private equity transactions
€3M+
EBITDA per investment
50–75%
Typical majority stake

Introduction

Introduction to BlueMill

BlueMill is a Netherlands-based investor partnering with (niche) market leaders who have a proven market position. Our seasoned investment team brings experience from more than 100 private equity transactions.

At BlueMill, we believe the foundation of successful investing lies in collaboration. We partner closely with founders and management teams to support long-term sustainable growth, drive performance and create lasting value.

“We don’t simply buy companies. We take responsibility for what someone else has built.”

Thomas Wals · Managing Partner

Business owner in conversation with an investor in his warehouse

Our focus

What we invest in

We are deliberate about where we can genuinely add value. If your company fits one of these themes, we would be glad to start a conversation.

Growth

Profitable, growing and ambitious companies with sustainable margins.

  • We focus on profitable, growing and ambitious companies with sustainable margins
  • We invest in businesses that generate at least €3 million EBITDA
  • For smaller investments we invest via MKB Fonds

Wholesale & (IT) Business Services

Niche players with inherently recurring business models.

  • We have a preference for wholesalers and (IT) business service providers
  • We look for niche market positions and inherently recurring business models
  • Our industry focus lets us bring the right expertise and network

Founder Succession

Partnering with founder-led companies for the next growth phase.

  • We partner with founder-led companies to realise the next growth phase together
  • We facilitate phased business succession and provide liquidity to shareholders
  • We usually invest as a majority partner (50% – 75%)

For smaller investments we invest via MKB Fonds.

Portfolio

Investments

Lobeco logo

Lobeco

Wholesale · Fire & Security

Independent Benelux distributor of electronic security products — fire detection, intrusion, camera surveillance and access control — with over 50 years of specialist experience and a strong service offering.

Investment year: 2026Website
Baktotaal logo

Baktotaal

Online platform

The largest online platform for baking products in the Netherlands, with more than 13,000 unique products for consumers and businesses, shipped domestically and abroad from Goor.

Investment year: 2026Website
Visi Group logo

Visi Group

Wholesale · Graphic industry

The combination of AtéCé Graphic Products and Wifac: a leading supplier of consumables, presses and services to printing, packaging and media companies, building towards European leadership.

Investment year: 2026Website

Team

The people beside you

A close-knit team with deep operational and transaction experience. You always speak directly with the people who make the investment.

Portrait of Thomas Wals

Thomas Wals

Managing Partner

Portrait of Emiel Havinga

Emiel Havinga

Partner

Portrait of Ruben Weemers

Ruben Weemers

Operational Partner

Portrait of Rogier Veerman

Rogier Veerman

Senior Investment Manager

Portrait of Bernhard Coppens

Bernhard Coppens

Investment Manager

Portrait of Koen Cremers

Koen Cremers

Senior Investment Associate

Portrait of Jort Schouten

Jort Schouten

Investment Associate

Portrait of Youri Steenbergen

Youri Steenbergen

Investment Associate

Portrait of Dirk Bakker

Dirk Bakker

Junior Investment Analyst

Portrait of Robbert-Paul Roomberg

Robbert-Paul Roomberg

Investment Advisor

Portrait of Madri Pabbi

Madri Pabbi

Director Finance & Compliance

Portrait of Adrianne Soeroredjo

Adrianne Soeroredjo

Junior Finance Manager

Portrait of Cézanne Bergmans

Cézanne Bergmans

Investor Relations & Marketing, PR