No strict time limits
We can support our portfolio companies as long as needed and adjust corporate development milestones to the economic cycle.
Waarde Capital · Private equity & venture capital
Three active funds. More than $3B of team experience invested in over 100 companies from 27 industries. And now — Waarde Deal Office, our partners’ hands-on execution for complex portfolio situations.
Waarde Capital is an investment company founded by entrepreneurs for entrepreneurs. As such, we are well positioned to identify and support the best companies with strong entrepreneurs.
With three active funds under management, we can invest practically on every stage of the business lifecycle, and do it globally. Waarde invests in Europe, US, MENA, Africa, and SouthEast Asia and promotes environmental or social values within the meaning of article 8 of SFDR of the European Commission’s Sustainable Action Plan (learn more).
Founded by 3 entrepreneurs working together more than 25 years
Funds under management: breakthrough tech, growth capital and emerging markets
Team experience: more than $3B invested in over 100 companies from 27 industries
Global presence: Europe, MENA, US, and South-East Asia, Africa
We help to transform a vision into game plan and practical steps.
We use our extensive business network to bring new business to our portfolio companies.
We are able to provide our portfolio companies with financing for strategic M&A, CAPEX or shareholders restructuring.
We help management teams to excel diverse operational tasks from marketing to supply chain optimization.
We contribute our vast experience to help companies to get through tough times.
We can support our portfolio companies as long as needed and adjust corporate development milestones to the economic cycle.
Diverse capital sources allow us to provide optimal capital structure for our partners.
We can finance the same company from different funds through the companies’ development. This is an efficient way to attract new co-investors and grow business faster and more easily.
Up to$5Min high-tech companies at startup and early growth stages.
GEO FOCUS: MENA, Europe, SouthEast Asia, and US
Up to$15Min fast growing companies that operate in high-tech segments with high entry barriers and have sustainable competitive advantage
GEO FOCUS: MENA, Europe, SouthEast Asia, and US
Up to$15Min fast growing companies from digital economy of emerging markets
GEO FOCUS: Africa, MENA, South-East Asia, LATAM
The first in the world zero emission hydrogen power train for the aviation
As a leader in this new, fast-growing industry, ZeroAvia is enabling scalable, sustainable aviation by replacing conventional engines with hydrogen-electric powertrains.
zeroavia.com ↗Critical minerals digital platform — digital supply chain and infrastructure dedicated to critical commodities distribution. Fully optimized for Africa
Sabi is Africa’s leading provider of digital infrastructure powering the sourcing and distribution of critical commodities to domestic and international markets. Africa’s small-scale producers and traders don’t have a structured route to market for their commodities, hindering the ability for their supply to contribute to global demand. Sabi's innovative platform seamlessly integrates advanced tools and services, simplifying both domestic and cross-border supply chain transactions and facilitating trade through increased market accessibility and transparency.
sabi.am ↗Green cooking fuel supplier and basic consumer goods retailer in emerging markets
KOKO builds and deploys dense networks of cloud-connected “KOKOpoints” inside local corner stores, which serve as consumer access points for goods and services delivered in partnership with major suppliers.
kokonetworks.com ↗Platform for owners and drivers of commercial vehicles with a full range of services
MAX.NG provides solution for mobility challenges in Africa: financing for the expansion of the fleet, insurance, a trip accounting system, a payment platform — and a transition to electric transport.
max.ng ↗New way for urban mobility
Bartini Aero is an aviation engineering company that develops an electric vertical take-off and landing aircraft (eVTOL) for private use and the emerging urban air taxi market.
bartini.aero ↗Fitness VR technology company, the first in the world provider of virtual routes for treadmill runners
Octonic VR workout makes treadmill training fun, safe and requires minimum investment in time and effort.
octonicvr.com ↗Immersive VR platform for blue-collar job education
SkillCampVR empowers enterprises with immersive, on-demand VR training that replaces slide-based instruction with realistic scenarios tailored to regulated industries (e.g., security, aviation, facilities management). Their platform enables anytime, anywhere access to modules built to industry standards, driving faster up-skilling, stronger compliance, and measurable reductions in training cost and risk.
skillcampvr.com ↗New breakthrough solution for corporations to increase their employees’ critical skills
Numly is a software platform with embedded AI engine that enables employees to reveal their strong and weak critical skills and train in peer-to-peer mode.
numly.io ↗Supply chain and last-mile logistics software for the efficient movement of goods in Africa
Leta is an AI-driven logistics optimization platform that automatically plans the most efficient loads, routes, and delivery schedules.
leta.ai ↗Cloud platform for genomic big data
Genomic big data company that support the global breeding industry boost the development of new plant and animal varieties by developing cutting edge predictive computational methods.
nrgene.com ↗New breakthrough technology for hydrogen fuel cell production
Next generation hydrogen fuel cell system with high specific power > 2 000 W/kg and high energy density > 1 500 Wh/kg. Acquired by strategic investor.
hypoint.com ↗Travel management system
The Company provides the most innovative IT solutions of travel search, booking, and management. Acquired by strategic investor.
getgoing.com ↗Medical devices
French laboratory founded to develop new medical solutions in aesthetic medicine and tissue engineering. Acquired by strategic investor.
bioxis.com ↗Clean energy
A revolutionary technology, printing electrodes on solar panels — increases efficiency of PV cell by 4–5%. Acquired by strategic investor.
utilight.com ↗Big data
Hadoop cloud-based platform as a service aimed at making data analytics easy for enterprise users without special training. Acquired by strategic investor.
xplenty.com ↗Pharmaceuticals
Pharmaceutical company developing novel molecules for chronic inflammatory diseases, with a focus on ophthalmological and dermatological diseases. Acquired by strategic investor.
inflamalps.com ↗Managing partner, co-founder
More than 20+ years’ experience in project finance, fundraising, private equity, and venture capital. Responsible for general strategy of Waarde Capital. MBA degree from University of Pennsylvania - The Wharton School.
LinkedIn ↗Venture partner
20+ investment experience in more than 30 African countries. Raised investments of >$2B in different projects. Member of the Board in Invest Africa USA. Responsible for the pipeline and the organization of exits. Has a Master's degree of Georgetown University and an MBA of the University of Pennsylvania – The Wharton School
Managing partner, co-founder
20+ experience in structuring transactions in the field of private equity. Entrepreneur, co-founder of a successful startup in the field of apparel e-commerce. Responsible for the negotiation and operational control of portfolio companies. Education: HSE University
Venture partner
More than 20 years’ experience in M&A, private equity, venture capital and strategy consulting. Advised on deals with an aggregate value exceeding $2B. Responsible for fundraising and deal scouting across Europe and emerging markets. Graduated from University of Pennsylvania – The Wharton School.
LinkedIn ↗Waarde Capital / Deal Office
Waarde Deal Office · Private markets execution
We join funds, investors and family offices as hands-on partners — to stabilize, refinance, restructure, grow or exit portfolio companies facing complex situations, and to source and acquire new private assets.
Built by the partners of Waarde Capital: investors and operators with real capital at risk, through three major financial crises and across the full economic cycle.
01 / Who we work with
A fund manager with a stalled position. An LP without control. A family office whose direct investment has gone off-plan. We take an agreed mandate on a specific company and carry it through to an outcome.
GPs whose portfolio companies are stuck between rounds, off-plan or approaching the end of the fund’s life.
Minority shareholders and co-investors who need their position protected, valued fairly or turned into liquidity.
Principals who invest directly and need an accountable team to buy, fix, finance or sell — without adding permanent headcount.
Founders and shareholders facing a financing gap, a conflict, a turnaround or a change of control.
02 / Proposition
A model can identify an anomaly. A report can describe a solution. Neither can persuade a lender to extend a maturity, replace the wrong executive, reduce a cost base, win a critical customer contract, align shareholders or bring a strategic buyer to the table.
Those outcomes require judgment, trust, will, accountability and physical execution. That is where we work. We combine investment underwriting with hands-on transaction and operating execution, remaining involved from the first diagnosis to the agreed closing, financing, restructuring or operating milestone.
We use AI where it improves speed, research and analytical coverage. But AI cannot sit across the table from a creditor, obtain a waiver, recruit a chief executive or convince a strategic buyer to complete an acquisition.
It can support the work. It cannot own the outcome.
03 / Capabilities — six mandates
Not an open-ended advisory process. We agree the objective, the lead partner, the authority and the milestones — then we carry the work through.
The mandate
We assess the underlying business, liquidity position, capital structure, management capability and stakeholder incentives. We distinguish a temporary financing gap from a structurally impaired business and define the outcome that is still achievable.
We can then lead the required workstream: cash and cost actions, management changes, commercial priorities, creditor and shareholder negotiations, refinancing, new capital, strategic-buyer outreach or an orderly sale.
The mandate
Where the business is viable but the current trajectory is not, we take responsibility for the turnaround itself: cash discipline first, then the cost base, the commercial priorities and the management team required to hold the improvement.
Operating actions and balance-sheet actions are run as one plan, so that creditor negotiations and refinancing rest on performance the lender can verify.
The mandate
We define the mandate, source opportunities through targeted and relationship-driven channels, screen and underwrite the asset, build the investment and downside case, design the transaction structure, identify financing or co-investment where appropriate, negotiate with owners and management, coordinate specialist advisers and support the closing.
When required, we remain involved through the first post-closing priorities so that the investment thesis becomes an operating plan rather than a document.
The mandate
Behind the core team is a broad co-investor base, several channels of debt and equity financing and relationships with more than 50 partner funds across Europe, the United States, Asia, Africa and the CIS.
Capital and counterparties are never presented as a guarantee. They are mobilized when the asset, structure, economics and alignment justify it.
The mandate
For principals moving from opportunistic single deals to a deliberate programme, we set the objectives, allocation, ticket sizing and pacing, and the screening criteria that decide what is looked at and what is declined.
The result is a portfolio with stated liquidity expectations, defined governance and reporting a family office can run without adding permanent headcount.
The mandate
Portfolio companies rarely fail at market entry for analytical reasons. They fail because nobody owns the introductions, the first contracts and the local operating set-up. We use our own network of operating partners, distributors and customers to carry that work.
The mandate is measured in signed customers and repeatable commercial process, not in a market-entry report.
04 / Special situations
They first appear as a covenant breach, a delayed financing round, a customer concentration problem, founder fatigue, shareholder conflict, a working-capital squeeze or a business that is still growing but has lost control of cash.
Our first task is to recognize what kind of situation it is: a sound asset with the wrong capital structure, a viable company with the wrong operating team, a liquidity problem that can be solved, or a structurally impaired business where value must be protected through a sale or controlled exit. The earlier that distinction is made, the wider the range of available outcomes.
05 / Experience in action
Real examples from our partners’ and team’s experience: the problem we faced, what we did and the outcome we achieved.
The company needed capital. A strategic investor used its financing leverage to seek the minority investors’ holdings at a distressed price.
A partner brought three financial investors together, organized the buyout of a fourth and negotiated with the strategic buyer as a single bloc.
The strategic buyer acquired the financial investors’ holdings at market value, with an earn-out on top.
A major battery manufacturer was in a bankruptcy situation, constrained by bank debt and insufficient liquidity to sustain the business.
The team restructured the business, negotiated its debt across three banks and arranged new financing.
The company was brought out of bankruptcy status and restored to operating profitability.
During a major financial crisis, a financial institution faced repayment pressure under a syndicated facility provided by a group of leading international banks.
The team negotiated the restructuring of a $32 million syndicated loan with the lender group.
The institution avoided default and repaid its obligations in full.
Technology validated, an institutional investor secured; the plant was delivered on schedule and more than 10% under budget, reaching break-even two years after commissioning.
Restructuring of a substantial debt position and new working capital, integrating creditor negotiations with the immediate liquidity needs of the business.
Arranged to refinance the existing lender and support further network expansion.
A technical institute: costs reduced, bankruptcy prevented, sold to a new management team. Distressed agricultural assets acquired and rebuilt into a significant producer.
Historical partner and team experience, including prior roles. Cases are anonymized. We can discuss relevant experience and our precise role directly. Historical outcomes do not guarantee future results.
06 / How we work
A senior partner leads the mandate, coordinates management and external advisers, and reports against a small number of agreed outcomes. You retain control of the investment decision; we take responsibility for moving the work forward.
We test the business, liquidity, capital structure, management and stakeholder incentives before recommending a process.
The mandate is anchored to an acquisition, financing, restructuring, sale or operating milestone — not an open-ended advisory process.
We identify decisions, workstreams, counterparties, resources, timing and downside protections.
We add specialists, operators, financing sources or buyers only where they can change the outcome.
We remain involved through negotiation, implementation and the agreed completion point.
Every mandate is led by a Waarde partner, not delegated to a junior team.
Objective, scope, authority and milestones agreed in writing before work begins.
Outcome-linked compensation or capital participation agreed explicitly where relevant.
07 / Network and capital access
The partners behind Waarde Deal Office have invested their own and third-party capital through private-equity and venture funds, SPVs and direct transactions. We understand what it means to own part of an illiquid asset: incomplete information, board responsibility, follow-on decisions, difficult co-shareholders, covenant pressure and the absence of an obvious exit.
Depending on the mandate, we can bring industry operators, financing counterparties, co-investors, board candidates, management talent and potential strategic buyers into the process.
A structure that fits the business
Potential direct investment alongside the execution mandate, from Waarde Capital’s funds where the case and interests align.
A broad co-investor base and relationships with more than 50 partner funds across international markets.
Debt, equity, project finance or a combination — shaped around cash flow and objectives.
Capital and counterparties are never presented as a guarantee. Investment and financing are considered separately and remain subject to diligence, approvals and agreed terms.
08 / The people behind the work
Every mandate is led by a senior partner. Specialist operating, industry and financing resources are added only where they are relevant to the required outcome.
Managing partner, co-founder
More than 20+ years’ experience in project finance, fundraising, private equity, and venture capital. Responsible for general strategy of Waarde Capital. MBA degree from University of Pennsylvania - The Wharton School.
Managing partner, co-founder
20+ experience in structuring transactions in the field of private equity. Entrepreneur, co-founder of a successful startup in the field of apparel e-commerce. Responsible for the negotiation and operational control of portfolio companies. Education: HSE University
Venture partner
20+ investment experience in more than 30 African countries. Raised investments of >$2B in different projects. Member of the Board in Invest Africa USA. Responsible for the pipeline and the organization of exits.
Venture partner
More than 20 years’ experience in M&A, private equity, venture capital and strategy consulting. Advised on deals with an aggregate value exceeding $2B. Responsible for fundraising and deal scouting across Europe and emerging markets.
Our investment heritage
Waarde Capital was built by entrepreneurs and investors who have deployed capital across private equity, venture capital, project finance and special situations. That history shapes how Waarde Deal Office approaches every mandate: with an owner’s focus on downside, liquidity, governance, execution and exit.
09 / Questions
You do not need a finished brief or a polished presentation. Start with what is happening, what is at stake and what cannot wait.
Analysis supports our work, but it is not the end product. We take responsibility for the agreed execution: negotiating financing, recruiting management, winning customers, restructuring a business or completing a transaction.
Yes — that is the most common mandate. We work on a specific position under an agreed scope, alongside your investment team and the board, and report to you against agreed milestones. Your investment decisions remain yours.
No. A mandate can be valuable without an investment from us. Where there is a suitable opportunity, we can explore our own participation or partner capital. The investment decision and terms are agreed separately.
We discuss commercial terms once we understand the scope, the responsibility and the work required. Any outcome-linked compensation or capital participation is agreed explicitly before the engagement begins.
A short description of the business or asset, the situation, the desired outcome and the timing is enough. We can agree confidentiality arrangements before you share sensitive documents.
Contact · Waarde Deal Office
If you are considering the acquisition of a private asset, or an existing portfolio company requires restructuring, financing, management intervention or an exit, we can quickly determine whether the situation fits our mandate.
The first discussion is confidential and focused on the outcome, the constraints and the decisions that cannot wait.
DEAL OFFICE · CYPRUSQ-Merito Building, Kalimnou 1, Office 601For investment, partnership and Deal Office enquiries, write to us — a partner will reply directly.
SHARAEV@WAARDECAPITAL.COM