Ghent, Belgium – October 10, 2024 – Last night Sofico proudly received an award at the BVA Private Equity Awards. Following the majority investment by private equity firm Astorg earlier this year, this honor recognizes the success of Sofico’s partnership with private equity investor Apheon, whose backing has been instrumental in driving the company’s sustained growth, strategic expansion, and long-term value creation.
The BVA Private Equity Awards aim to reward and celebrate high-performing Belgian companies backed by private equity or venture capital, showcasing private equity’s role in supporting the growth and development of Belgian businesses. Companies are judged on criteria such as financial performance, leadership strength, strategic focus, and contributions to society.
A focused approach to growth and innovation
Sofico’s dedication to its niche in the automotive finance and mobility services sector has been key to its success, establishing a leading market position with above-market growth and healthy margins. Its strategic focus has allowed Sofico to scale internationally while maintaining its distinct DNA and delivering innovative, customer-focused solutions that drive success for their clients.
Authentic leadership and a culture of growth
Also part of the judging criteria are leadership style and company culture. The team at the Ghent-based software supplier has been instrumental in creating an authentic and progressive environment that nurtures growth and innovation. Their long-term vision and ongoing commitment to talent development shape a workplace that attracts and empowers professionals. By actively recruiting recent graduates and investing in the next generation, Sofico is building a dynamic, future-focused workforce that drives digital transformation across the automotive finance sector.
Global presence and innovative execution
A big part of Sofico’s continued success lies in its ability to scale its operations internationally. With offices across Europe, Asia-Pacific, and the Americas, the company has successfully scaled its business to meet the growing global demand for its software solutions. Their innovative approach has helped them cement their leadership in the market. “We have always prioritized innovation and continuous improvement, whether it’s expanding our product suite or entering new markets. Our growth is not just a reflection of financial success, but also of the relationships we’ve built with our clients, employees, and stakeholders,” said Gémar Hompes, CEO of Sofico.
The power of partnership with Apheon
Sofico’s growth journey has been strongly supported by Apheon, a private equity firm that partners with visionary businesses to accelerate their growth and value creation. Apheon’s investment and strategic guidance have enabled Sofico to navigate key phases of expansion, helping the company achieve its ambitious goals while maintaining its core values. Apheon’s collaborative approach and long-term focus on sustainable growth have been crucial in ensuring Sofico continues to lead and innovate in a competitive market.