Centric acquires majority stake in Twelve LawyersM&ASebastiaan WitkamTrack Record

Centric acquires majority stake in Twelve

Twelve, the leading Dutch FinTech company specializing in point-of-sale (PoS) and order management in the foodservice and hospitality sector, has been acquired by Centric, a prominent provider of IT software and services. This strategic move marks an important milestone for both organizations, combining in-depth market knowledge and a shared vision for the future of retail technology. Centric, together with investment vehicle Spacetime, will support founder and newly appointed CEO Willem van Kralingen in strengthening Twelve's services and accelerating its European growth strategy. We advised Willem van Kralingen and 5K Ventures on this transaction.
Sebastiaan Witkam
23 September 2025
Gridspertise acquires Energyworx HomepageLawyersM&ASebastiaan WitkamTrack RecordWillem Beek

Gridspertise acquires Energyworx

Gridspertise, a technology company jointly controlled by Enel and CVC Capital Partners enabling grid modernization through intelligent solutions has acquired Energyworx, a pioneer in cloud-based Energy Data Management solutions, headquartered in the Netherlands, from its shareholders, EDP Ventures, SET Ventures and OWV Beheer B.V. We advised EDP Ventures, SET Ventures and OWV Beheer on this transaction.
Sebastiaan Witkam
23 September 2025
Arrive acquires majority stake in Be-Mobile HomepageM&ASebastiaan WitkamWillem Beek

Arrive acquires majority stake in Be-Mobile

Arrive, a global leader in digital parking and mobility solutions, has acquired Proximus Group’s majority stake in Be-Mobile. Be-Mobile is a Benelux market leader in driver companion apps, mobility payments, and traffic data services. The company is best known for its platforms 4411, with over 1 million active users generating 4 million monthly parking sessions, and Flitsmeister, which serves a driver community of approximately 3 million active users. Olym acted as Dutch counsel to Proximus Group on this transaction.
Willem Beek
19 June 2025
Blubrake raises EUR 12 million LawyersSebastiaan WitkamTrack RecordVenture Capital

Blubrake raises EUR 12 million

Blubrake has secured €12 million in funding to drive mass adoption of its Anti-lock Braking Systems (ABS) for light electric vehicles. Targeting OEMs, Blubrake’s ABS integrates directly into e-bike frames and aims to improve braking performance and rider safety. The funding comes from a round co-led by micromobility investment fund Fundracer, venture capital fund Algebris Climatech and component supplier Tris-Star Group. Olym Advocaten advised Fundracer on this transaction.
Optics11 raises EUR 17 million HomepageLawyersSebastiaan WitkamTrack RecordVenture CapitalWillem Beek

Optics11 raises EUR 17 million

Optics11, a Dutch scale-up building advanced fiber optic sensing solutions, has raised EUR 17 million. The company combines fibre optic sensors and advanced threat detection software, enabling faster detection and localisation of threats. The investment enables rapid expansion of Optics11’s technologies, significantly improving fault detection and infrastructure security. The funding round was led by SET Ventures and FORWARD.one, with participation from JOIN Capital and Value Creation Capital. Olym advised SET Ventures and JOIN Capital in this transaction.
FundRacer invests in Bo Mobility LawyersSebastiaan WitkamTrack RecordVenture Capital

FundRacer invests in Bo Mobility

FundRacer, an investment fund for disruptive micro-mobility, has invested in Bo Mobility. Bo Mobility is a UK-based start-up selling scooters. Bo Mobility has redesigned the scooter from the ground up, creating not only a beautiful machine, but one with increased stability, more sustained power and a better overall riding experience. We advised FundRacer on this transaction.
Sebastiaan Witkam
7 March 2025