Icelake Capital has acquired Studibo.

Service

Sell-side

Year

2025

Transaction

Icelake Capital, a private equity firm focused on sustainable growth, has acquired Studibo, a leading engineering consultancy that brings together the expertise of 11 experienced engineering and consultancy firms across various disciplines, including structural stability, building acoustics, and environmental & permitting services. With this acquisition, Icelake Capital is making its first entry into the Belgian market, strengthening its position in the construction and engineering sector. Studibo, which has experienced strong growth in recent years, is partnering with an investor dedicated to companies with a proven track record and high growth potential.

 

VDP acted as the exclusive advisor to the shareholders of Studibo, including the investment firm Tilleghem.

 

 

Studibo

Founded as a platform in 2023, Studibo has grown into a leading engineering consultancy within the Belgian construction sector. The company specialises in structural studies and engineering and has built an impressive portfolio of projects, ranging from residential buildings to complex infrastructure works. With a team of over 150 experienced engineers and technicians, Studibo provides high-quality and innovative solutions for architects, property developers, contractors, and private clients.

 

For more information: www.studibo.be

 

 

Icelake Capital

Icelake Capital is a Dutch-origin investment firm focused on value creation and sustainable growth across various sectors in the Netherlands and Belgium. The acquisition of Studibo aligns with its strategy of investing in companies with a strong market position and high growth potential, including through acquisitions. Icelake Capital provides strategic support and financial strength to accelerate Studibo’s further development.

 

For more information: https://icelake.com

 

 

Tilleghem

Tilleghem is an independent investment firm focused on sustainable value creation in mid-sized companies. As a shareholder of Studibo, Tilleghem has contributed to the company’s growth and professionalisation. The partnership with Icelake Capital marks the next step in Studibo’s strategic development, offering new opportunities for international expansion and innovation.

 

For more information: www.tilleghem.com