Active Capital Company

About Active Capital Company

Active Capital Company is a hands-on operational lower mid-cap private equity firm with €184 million of assets under management across 4 funds as of December 2024, headquartered in Amsterdam with a German office in Munich. The firm was founded by entrepreneurs Dick Zeldenthuis and Albert Hartog and is positioned around hands-on industrial operating experience, operating as an independent partner-led platform. The current portfolio comprises 10 companies with approximately 3,700 employees across 11 countries.

Investment thesis

Active Capital Company deploys capital through four funds, targeting operational active-transformation and full-potential buyouts of lower mid-cap companies with revenues of €10-100 million, creating value via geographic expansion, innovation and sustainability. The deeply hands-on operational model embeds the investment team in portfolio companies approximately four days per week applying standardised ACC improvement playbooks. Sector focus spans industrial goods and services, production and manufacturing, technical wholesale and business services. Geographic deployment is the Netherlands and Germany.

Recent activity

Recent realised exits include lifting and rigging equipment services (2026), with approximately 11 total exits to date. Recent acquisitions include automation and robotics (2025). The platform continues active deployment across the Benelux and German lower mid-cap mandate. Detailed buyer names and multiple data available on Pro at €49/month.