Patient capital,
deployed deal by deal.

Seru Capital is a multi-family office and private equity investor, partially investing its own capital alongside entrepreneurs in the Netherlands and the UK. We commit to each transaction on its own terms, without external pressure and or a fixed exit timeline.

Approach

Hands-on investors with an operator mindset, unconstrained by fund timelines

Entrepreneurial & fast

  • A lean, two-person investment committee with a senior team involved in every portfolio development, so we can act swiftly when opportunities arise
  • A streamlined structure that enables fast decision-making and rapid execution
  • Quick access to further equity and debt financing when a portfolio company needs it

Patient capital

  • A multi-family office partially investing its own capital, so we operate without external pressure or fixed exit timelines
  • We support companies over the long term and stay flexible as strategies and markets evolve
  • Our focus is sustainable value creation, not short-term returns

Growth acceleration

  • Active support for both organic expansion and acquisitive growth strategies
  • Extensive international buy & build experience to help companies scale strategically
  • Additional capital and strategic guidance so portfolio companies can pursue ambitious growth plans with confidence

Investment criteria

What a transaction needs to fit.

Location

  • Focus on target companies headquartered in the Netherlands
  • Internationalization potential, organically and/or through buy & build
  • Existing portfolio companies in the Netherlands (2) and the UK (2)

Market

  • Driven by fundamental growth trends
  • Clear consolidation rationale; buy & build makes sense
  • Genuine consolidation potential; buy & build is possible

Performance

  • Growing revenues and healthy cashflows
  • LTM EBITDA between €2.5m and €10.0m
  • No turnaround situations

Management

  • Partnership mindset
  • Solid track record
  • Committed and invested alongside us

Investment horizon

  • Market-driven investment period — markets can evolve rapidly
  • A temporary shareholder without exit pressure and no time limits
  • Both long-term and shorter-term funding possible

Stake & governance

  • Focus on majority equity stakes; significant minority stakes by exception
  • Willing to team up with other investors, such as family offices and private equity firms
  • Co-control rights as an active shareholder

Investment themes

Trends with long-term demand, not cycles.

Ageing population

Demographic shifts are driving sustained demand for healthcare, assisted living, home care and age-friendly products and services, creating long-term, resilient growth opportunities across essential sectors.

Private healthcarePreventive careLeisureLongevity industryHome automationRevalidation

Outsourcing & automation

Rising labor costs and talent shortages are accelerating the adoption of outsourced services and automation, enabling companies to focus on their core business and improve efficiency, scalability and margins through technology-driven solutions.

Business process outsourcingSovereign cloud computingRoboticsLogistics optimizationComplianceTesting, inspection & certification

Sustainability

Regulatory pressure, consumer preferences and cost economics are pushing businesses toward sustainable models in energy efficiency, circular solutions and environmentally responsible products that combine impact with profitability.

Building insulationRenewable energyBio-based materials & packagingWaste management & recyclingProtein transitionWater management & conservation

Portfolio

Companies we've backed

Seru Capital's investment team also manages the private equity investments of Gryphion, the fund through which most of the current portfolio is held.

Since 2024 · HQ Netherlands

LeefEnergieBewust

LeefEnergieBewust (LEB) helps households, companies and public organizations make their residential, commercial and public buildings more sustainable. LEB installs and maintains insulation, PV systems, batteries, air conditioners, heat pumps and EV chargers throughout the Netherlands, alongside energy certification and sustainability advisory services — operating under the labels Rouwenhorst Isolatie, Bestisol, Helder Zon, BeSolar and 12MNDN.

Since 2024 · HQ United Kingdom

Welbeck Health Partners

Welbeck Health Partners (WHP) is a healthcare clinic focused on private ambulatory healthcare services, spanning 13 specialist groups and more than 300 healthcare consultants. Founded in 2016 by leading UK and US healthcare specialists, WHP opened its flagship center at One Welbeck Street, London, in 2019, and is currently adding centers in Oxford and Cambridge, both expected to open in 2026.

Since 2025 · HQ Netherlands

Brisker

Brisker is a market-leading HR services provider focused on employer-of-record and agency-of-record services for the flexible labor market in the Netherlands and Belgium. Through its proprietary IT system, Brisker manages the administrative processes and risks of flexible labor for temporary employment firms, freelancers, SMEs and large corporates — processing more than 20,000 unique employee records annually under its brands Pay for People and Tentoo.

Since 2018 · HQ Italy

Marina Development Corporation

Marina Development Corporation (MDC) focuses on regenerating existing urban waterfronts in the Mediterranean into high-end lifestyle destinations for local and international demand. MDC is currently developing more than 200,000 m² of residential and commercial area across two key locations in Italy — Marina di Ventimiglia and Marina di Pisa — including high-end residences, hotels, restaurants, marinas and public venues and parks.

Since 2019 · HQ United Kingdom

Cinesite

Cinesite is one of the world's leading independent digital entertainment studios, producing award-winning visual effects and feature animation for movie and episodic content studios and broadcast and streaming media platforms. Cinesite is active globally, with offices in the UK, Canada, Germany and India.

2019–2026 · HQ Netherlands · Recent exit

Emsere

Emsere is a one-stop shop for medical equipment rental and support services for clinical trials, helping customers reduce the total cost of ownership of medical equipment and handling all related logistics and support. Emsere is active globally, serving more than 10,000 medical trial sites in over 100 countries from offices in the Netherlands, the United States and Singapore. Emsere was acquired by Antin Infrastructure Partners in January 2026.

Team

A small, senior team that is continuously involved

Portrait of William Ford

William Ford

Chief Investment Officer

William is Chief Investment Officer at Seru Capital and Gryphion, responsible for investment strategy. He was previously a Principal at Waterland Private Equity Investments for more than 13 years, involved in a range of portfolio companies and investment opportunities, and responsible for coordinating debt financing across the group. Before joining Waterland, William worked at Dutch investment bank NIBC.

He holds Masters degrees in Business Administration and European Law from the University of Groningen, an MPhil in Finance from Judge Business School, University of Cambridge, and is a CFA Charterholder.

william@serucapital.nl
Portrait of Alec van Eijk

Alec van Eijk

Investment Manager

Alec van Eijk is an Investment Manager at Seru Capital and Gryphion, where he helps execute the investment strategy and supports their portfolio companies. Before joining Gryphion, Alec held M&A and corporate development roles at private equity-backed companies, including five years at GTS, a Waterland Private Equity portfolio company, and an earlier position at Sentia. At GTS, he led the group's M&A activities and executed internal value-creation initiatives.

Alec holds a Master's degree in Finance & Investments from Rotterdam School of Management and a Bachelor's degree in Economics from the University of Groningen. During his studies, he also completed an internship at Dutch investment bank NIBC.

alec@serucapital.nl

Contact

Get in touch with us on possible opportunities

Alec van Eijk

Confidential · No obligation

Send us a short note. William or Alec will reply personally, usually within two working days.

Email the team →