Brussels, 20 January 2025 – Altares Dun & Bradstreet, the market leader in business data in the Benelux and France, has announced the acquisition of Companyweb, a leading player in business and credit information. With this step, Altares strengthens its leading position in the Benelux region and expands its services to the SME segment in Belgium.
Companyweb, previously owned by private equity firm Sofindev and its founders, has built a solid reputation in providing financial insights to thousands of Belgian customers. After a successful partnership of almost seven years between Sofindev and Companyweb, the company is ready to embark on a new growth phase. The acquisition by Altares Dun & Bradstreet allows Companyweb to continue building on its ambitions with the strength of a global market leader in business data at its side. The day-to-day management will remain in the hands of the current team, Ilse Getteman and Pieter Van de Wiele.
Synergy and growth
Companyweb will continue to operate independently within the Altares Group, while retaining its own brand identity. The acquisition will give it access to Altares Dun & Bradstreet’s expertise in data acquisition, data science and advanced technologies such as machine learning and artificial intelligence (AI). This will strengthen Companyweb’s growth path and help the company serve its customers even better.
Ilse Getteman, Managing Director at Companyweb, shares her enthusiasm: “We are incredibly proud of what we have achieved in recent years. This acquisition offers us the right partner to materialize our growth ambitions. The discussions with Altares Dun & Bradstreet were constructive and inspiring, and with their data knowledge we can further grow Companyweb and support our customers even better.”
Eric Van Droogenbroeck and Jan Camerlynck, Managing Partners at Sofindev: “We are extremely proud of the successful evolution Companyweb has made since our entry in 2018, which has more than doubled in size over that period. Ilse and Pieter have done a tremendous job in developing Companyweb’s qualitative business and credit information platform, which has been the driver behind their ever increasing customer base. We wish them and Altares Dun & Bradstreet all the best in their future cooperation.”
David Verheecke, Managing Director at Altares Benelux, is also delighted: “Companyweb is a fantastic company that has proven itself in recent years. They provide valuable financial insights to thousands of Belgian customers, especially in the SME segment. Their expertise fits perfectly with our focus on larger companies. Together we can take the data market in Belgium to new heights.”
Luc Querton, President of Altares Group, highlights that “the addition of Companyweb to our group is a natural milestone in Altares’ positioning as a trusted business insight solutions provider. We are determined to keep asserting our brand and increasing our market footprint further.”
This acquisition is a strategic move by Altares Dun & Bradstreet, supported by private equity partner Naxicap Partners. In the coming period, the parties will finalize the remaining details of the acquisition. The transaction is expected to be completed by mid-March. The financial details of the transaction remain confidential.
About Altares Dun & Bradstreet
Altares Dun & Bradstreet is the Benelux market leader in the collection, processing and delivery of business enterprise data. As a business data specialist and partner of Dun & Bradstreet's (NYSE:DNB) global network, they offer their customers access to data from more than 500 million companies in 220 countries. Altares Dun & Bradstreet's data cloud solutions deliver insights that enable clients to mitigate risk, increase revenue, reduce costs and thus improve business performance. Learn more on: https://www.altares.be/en/
About Companyweb
Companyweb is a leading Belgian company specializing in providing insights into the financial health of businesses. Using innovative technologies and extensive data, Companyweb offers tools and information that help thousands of customers better manage risks and make smart business decisions. More information on https://www.companyweb.be/en
Source: Members News
Write a comment