Investment Thesis
Minority or majority.
Always hands-on.
Vilna Gaon is a Belgian private equity firm. We take stakes of €50K–€250K per investment in consumer brands and data-driven commerce businesses, and we stay in the business as an operating partner.
The Thesis
What We Invest In
Ticket Size
€50K to €250K per investment. Larger transactions are open to co-investment.
Position
Minority or majority stakes, depending on what the business needs and what the owner wants.
Markets
Belgium is home. We also look at the United States, the United Kingdom and Israel.
Sectors
Food and beverage, beauty, e-commerce and retail, and gaming.
How We Create Value
Operators, Not a Passive Investor
Operational Excellence
Every asset is run with OGSM: Objectives, Goals, Strategies, Measures. A short list of objectives, named owners and measures reviewed on a fixed rhythm.
Supply Chain
Sourcing, stock and logistics are where margin hides in consumer brands. We work the cost and service levers directly instead of relying on financial engineering.
Agentic AI, Since 2025
Specialised AI agents support finance analysis, sales, content, ERP and IT operations, so a small team can run several assets in parallel.
Selection Criteria
What We Look For
A Real Product
A product with identifiable customers, in our sectors.
Upside We Can Execute
Margin or growth that operations, supply chain or AI can unlock.
An Owner Who Wants a Partner
An owner or team who wants an operating partner, not a passive cheque.
Fit With Our Range
€50K to €250K, minority or majority, in our markets.
Current Holdings
Five Holdings. One Operating Playbook.
Soundviz (100%), Terracotta Beauty, Teatower, LR Data Science and CIBUS Market (25% each).
Ready to Talk?
A first call to understand the business, the owner and what you want. Everything you share is confidential.
Stephan Pire — Managing Director, Vilna Gaon SRL · Rue de Houtain 31, 4280 Hannut, Belgium