Adcorporate Vlaanderen

What Adcorporate Vlaanderen does

Adcorporate Vlaanderen is a privately held Belgian M&A advisory firm founded in 2002 (with Netherlands operations launched in 2003 by Berrie Abelen) that specializes in guiding SME owners through business acquisitions, sales, valuations, and succession planning in Belgium (Flanders) and the Netherlands. The firm operates a distributed network of approximately 11 regional offices and partner entities across both countries, each led by senior advisors with backgrounds in finance, accounting, and corporate finance from firms including Ernst & Young, General Electric, Daimler, and BNP Paribas. Core offerings include buy-side and sell-side advisory, independent business valuation using methods such as intrinsic value, improved profitability value, and discounted cash flow, a database of investment profiles (buyer and seller profiles), an indicative online valuation calculator, and educational content including two published books on business transfer.

The firm's revenue model is professional services fees on a project basis, structured as either fixed-fee engagements or no-cure-no-pay success-fee arrangements capped at 80 hours at agreed hourly rates for sale agreements. Go-to-market is direct field sales via regional offices with initial free consultations, supplemented by intermediary referrals from accountants, bankers, lawyers, and tax specialists, plus content marketing through an active blog, LinkedIn presence, and free downloadable books. The customer base is composed of SMB entrepreneurs planning business transfers, acquisitions, or succession, who typically lack M&A experience and value personal, regionally grounded advisory. The firm is ISO 9001 certified, holds no patents or external funding, and operates without any disclosed AI or technology platform beyond its website tools. Notable track record metrics include hundreds of completed transactions since 2002 and at least 100+ transactions attributable to a single senior advisor (Berrie Abelen).

Name

Adcorporate Vlaanderen

Legal name

Adcorporate Vlaanderen

Website

https://adcorporate.be

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

M&A Advisory Services

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)

Keywords

• M&A advisory services
• Business brokerage
• Business valuation
• Corporate finance advisory
• SME succession planning

Headquarters

HQ city

Zoersel

HQ country

Belgium

HQ region

Europe

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. M&A Advisory Services: Adcorporate generates revenue through professional advisory fees for business acquisition and sale guidance. The company operates on a project/engagement basis, with services including business valuations, transaction support, and full-cycle M&A advisory. Their terms indicate they work on both fixed-fee and success-fee arrangements, with a no-cure-no-pay model mentioned for certain sale agreements with a maximum of 80 hours at agreed hourly rates.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Adcorporate Vlaanderen provides professional corporate finance advisory services for buying, selling, and valuing small and medium-sized businesses (SME/KMO) in Belgium (Flanders) and the Netherlands. The firm guides entrepreneurs through every stage of a business transfer, including business valuation, identification and matching of buyers and sellers, negotiation support, due diligence coordination, and transaction closing. It also publishes educational books and runs a database of investment profiles to support SME M&A transactions.

Product overview

Adcorporate Vlaanderen is a specialized M&A advisory firm operating primarily in Belgium (Flanders) and the Netherlands, offering a unified service platform centered on business transfer advisory. The core offering consists of professional buy-side and sell-side advisory services for SMEs, complemented by independent business valuation services, published handbooks (Vraagprijs of prijsvraag?! and Bedrijf (ver)kopen?), an indicative valuation calculator tool, and a database of investment profiles. The company operates through a network of regional partners across Belgium and the Netherlands.

Differentiator

Problem solved

Functional benefit

Products and services

• Bedrijfsovername Advisory Services
• Bedrijfskopen Advisory Services
• Bedrijfswaardering (Business Valuation)
• Database met Investeringsprofielen
• Vraagprijs of prijsvraag?! (Published Book)
• Bedrijf (ver)kopen? (Published Book)

Quantifiable outcome

• Hundreds of successful transactions completed since 2002
• +1 more outcomes

Named customers9 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Adcorporate AntwerpencoreStrategic or Co-development PartnerRegional partner office led by Marc Leemans and Edward Verdugt, covering the Antwerp region. Marc Leemans founded Adcorporate Antwerpen after experience at Ernst & Young, Axias, and completing an MBO of Axias nv. Edward Verdugt has 25 years of financial management experience in various sectors.
• Adcorporate Vlaams-BrabantcoreStrategic or Co-development PartnerRegional partner office covering Flemish-Brabant region, operated by Adriaan Melsen who has over 15 years of business experience in automotive and financial sectors at multinationals including Daimler, GE, and BNP Paribas.
• Adcorporate Oost-VlaanderencoreStrategic or Co-development PartnerRegional partner office in Aalst covering East Flanders, operated by Adriaan Melsen who supports entrepreneurs in valuing, buying, and selling small and medium-sized businesses.
• VICTORIS Corporate FinancecoreStrategic or Co-development PartnerPartner in West Flanders led by Pieter Victor, who holds a Master of Finance from Antwerp Management School and Executive MBA from Vlerick. Specializes in professional guidance of acquisition and sale transactions, MBI candidates, and optimal financing mix.
• Adcorporate Nederland (Boekel)coreStrategic or Co-development PartnerRegional headquarters in Netherlands led by Berrie Abelen, who founded Adcorporate in 2003 with the goal of better organizing business acquisitions in the Netherlands. Has over 100 transactions and specializes in valuation and negotiations.
• Adcorporate Noord-NederlandcoreStrategic or Co-development PartnerRegional partner in Assen covering Northern Netherlands with advisors Marcel Gritter (tax law, business valuations), Fred van Dellen (entrepreneur, business sales), and Xander Heyden (fiscal and business advisory).
• Corporate Finance Noord HollandcoreStrategic or Co-development PartnerPartner covering North Holland region with offices in Assendelft and Amsterdam, led by Raimond Takkenberg (manufacturing, trade, e-commerce, ICT) and Hans Romijn (M&A, innovation, hospitality, services).
• TMCFminorStrategic or Co-development PartnerPartner in Nijmegen led by Michel Matthijsse, with experience in MKB, teaching at Nyenrode and Hogeschool Arnhem en Nijmegen, and certified member of BOBB professional association.
• Pont Neuf B.V.minorStrategic or Co-development PartnerPartner in Breskens led by Serge Humbert-Laprade with 25 years experience as financial director, specializing in value creation through business models and personal leadership.
• De OverdrachtAdviseurminorStrategic or Co-development PartnerPartner with offices in Breda and Schagen, led by Adriaan Jongejan (fiscal expertise, practical methods) and Robbert Kwast (certified M&A specialist, banking background).
• Finc Corporate FinanceminorStrategic or Co-development PartnerPartner in Waalwijk led by Edward Gaakeer RA (accountant since 1986, corporate finance specialist) and Dennis Ligthart (register valuator, M&A advisory).

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• IMAP: IMAP is an international mid-market M&A advisory firm with active deal teams in Belgium and the Netherlands. It provides comparable buy-side and sell-side advisory, valuations, and succession planning services to SME owners across the same BeNeLux geography.
• Oaklins: Oaklins is a global mid-market M&A advisory with strong BeNeLux presence. It serves the same SME owner segment on business sales, acquisitions, and valuations, competing head-to-head with Adcorporate on mid-sized deals in Belgium and the Netherlands.
• VICTORIS Corporate Finance: VICTORIS is actually a regional partner of Adcorporate operating in West Flanders. Beyond that, similar boutique Belgian M&A boutiques like VICTORIS directly compete with Adcorporate in advising SME owners on business transfers and valuations across Flanders.
• Marktlink: Marktlink is a leading Benelux mid-market M&A advisory firm with offices across the Netherlands and Belgium. It directly competes with Adcorporate in advising SME owners on buy-side and sell-side transactions, valuations, and succession planning, sharing the same regional focus and target customer segment.

Emerging players

• Lincoln International: Lincoln International is a global mid-market investment bank with active European operations. It increasingly targets the same SME and lower mid-market segment in BeNeLux, providing comparable buy-side, sell-side, and valuation services to Adcorporate's customer base.
• Bizfacility: Bizfacility is a Dutch online platform that facilitates SME business sales and acquisitions. While Adcorporate is a traditional advisory firm, Bizfacility represents the emerging tech-enabled approach to SME M&A in the Netherlands that could compete on lower-value mandates.

Broad incumbents

• Deloitte Belgium M&A: Deloitte's Belgian M&A and transaction advisory practice serves corporate and private equity clients across the mid-market. While it skews toward larger transactions, it competes with Adcorporate on upper-SME deals and offers broader consulting breadth.
• KPMG Corporate Finance Belgium: KPMG's deal advisory practice in Belgium provides M&A advisory, valuations, and transaction services. As a Big 4 incumbent with cross-border capabilities, it overlaps with Adcorporate on SME and mid-market mandates.
• Grant Thornton Belgium: Grant Thornton's Belgian advisory practice offers M&A and corporate finance services to mid-market companies. It competes with Adcorporate in the SME advisory segment while offering broader audit, tax, and consulting capabilities.
• BDO Belgium Corporate Finance: BDO is a global accounting and advisory network with a corporate finance practice in Belgium serving SME clients on M&A, valuations, and succession. As an incumbent with broader professional services offerings, it competes with Adcorporate on advisory mandates while leveraging audit and tax client relationships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/adcorporate-vlaanderen

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adcorporate Vlaanderen