newsflash - May 2011

AAC Capital Partners and Management acquire Desotec - Press release

Amsterdam, Roeselare, 29 April 2011 - AAC Capital Partners, a leading Northern European mid-market buy-out firm, today announced that is has acquired a majority stake in Desotec NV and Desotec International bvba ("Desotec") from the company's founders. Desotec's management team, led by CEO Joost Desmet, will invest alongside AAC Capital Partners, whilst the company's founders retain a significant minority interest. Investment in Desotec represents AAC Capital Partner's first platform acquisition in Belgium.