TMC, a leading global technology consultancy, is pleased to announce its continued partnership with Apheon as its lead investor and the investment of MML as a new partner. Apheon has reaffirmed its commitment to TMC by reinvesting through a new Apheon-controlled vehicle, ensuring long-term strategic alignment between all shareholders. Together, Apheon and MML will provide the capital and expertise to support TMC’s ambitious plans for strategic expansion and acquisitions.
TMC’s founder and management team will also reinvest significantly, emphasising their dedication to the company’s future. This new capital structure strengthens TMC’s ability to expand into new markets and develop cutting-edge capabilities for clients, thereby solidifying its position as the top global destination for high tech engineering and digital talent.
Founded in 2000 and headquartered in Eindhoven, the Netherlands, TMC is a mission-critical partner for international technology and R&D consulting. TMC provides unique know-how and expertise, collaborating with blue-chip clients in dynamic and fast-growing market sectors such as Technology & Engineering, Life Sciences & Pharma, Energy & Renewables, and Digital & IT. TMC has developed a unique engineer-centric “Employeneurship model”, becoming the home-of-choice for engineers, scientists and digital experts. TMC is active in 16 countries and employs some 2,750 people globally. This unique Employeneurship model empowers engineers, scientists, and digital experts to excel in challenging roles whilst fostering professional growth.
Since Apheon acquired its majority stake in TMC in 2019, the company has achieved remarkable growth, nearly tripling its revenues to an expected €275 million by the end of 2024. This success has been driven by significant organic expansion across established geographies, including the Netherlands, Belgium and France while also entering exciting new markets such as Germany, Spain, USA, UAE and Tunisia.
TMC has also executed a selective acquisition strategy under Apheon’s guidance, partnering with Mobilee (2023), Guldberg/Personites (2024), and Open Pixel Systems (2024). With the renewed backing of Apheon as lead investor and MML’s strategic expertise, TMC is poised to build on this momentum and unlock its next phase of growth through both organic initiatives and accretive M&A activity.
The transaction remains subject to regulatory approvals.
Emmanuel Mottrie, CEO at TMC, commented: “I want to firstly thank all our country CEO’s, management teams, colleagues and business partners at TMC for the remarkable journey over the past years. I am proud of the trust our clients place in us to support them on the development of their most critical R&D processes. The Employeneurship model allows TMC to attract and retain the brightest engineering talent to develop the innovations of the future. I am excited to extend the partnership with Apheon and welcome MML aboard as a new shareholder. Together, their strategic expertise and commitment will enable us to further expand our operational footprint and grow into new geographies, unlocking the next phase of TMC’s growth.”
Pieter Lambrecht, Partner at Apheon, commented: “We are thrilled to continue our partnership with TMC for a new exciting chapter as the company embarks on the next phase of its ambitious growth journey. Over the years, TMC has built a stellar reputation for innovation, excellence, and an unwavering commitment to its clients and Employeneurs. With its unique Employeneurship model, the company is setting the international standard in technology and R&D consultancy. Together with MML as valued partner, Emmanuel, Thijs, Rogier and the entire TMC team, we believe we can significantly grow TMC’s presence in existing markets, expand into new geographies, and advance the innovative capabilities to meet the demands of tomorrow.”
Richard Mayers, Managing Partner at MML, commented: “We are delighted to join forces with TMC, a company renowned for its innovative approach and exceptional talent pool. With its strong leadership, Apheon’s continued support and MML’s sector experience, TMC is well-positioned to accelerate its growth and drive significant impact across global markets.”
About TMC
TMC – The Member Company is a global high-tech consultancy firm with a team of entrepreneurial engineers, scientists, and digital experts from around the world. Together we form a fast-growing and proud community, with more than 2750 members from 71 nationalities, spread over 16 countries up to now. We offer consultancy services in diverse industries such as high-tech, semiconductors, digital and IT services, energy and renewables, and life sciences, with access to high-profile clients globally. As pioneers in Employeneurship, we have redefined the traditional work model, offering our talented professionals the opportunity to combine the security of a permanent contract with their passion for entrepreneurship. For more information, please visit themembercompany.com
About Apheon
Apheon is a pan-European mid-market private equity investment company managing ~€3 billion of assets from select global institutional investors and families. Apheon is characterized by its partnership approach, providing “patient and friendly capital” and industrial know-how to entrepreneurs and management teams, preparing their companies for the future. Through its pan-European footprint, the firm acts as a gateway into Europe for companies in the mid-market. Since its founding in 2005, Apheon has raised more than €3.8 billion in capital, invested in ~40 companies across Europe and completed ~200 add-on acquisitions for a total aggregate transaction value in excess of €7 billion. Apheon’s current portfolio consists of ~20 companies across its target sectors, representing ~€3 billion sales and ~22,000 employees. Apheon is advised by Apheon Advisors which has offices in Brussels, Milan, Madrid, Paris, Munich and Amsterdam. For more information, please visit www.apheon.com
About MML Capital Partners
MML is an international mid-market private equity firm investing in partnership with management teams to deliver their bold expansion plans. MML was founded in 1988 and currently has over ~€3 billion of assets under management. This investment is being made from its eighth partnership fund, MML Partnership Capital VIII. For more information please visit mmlcapital.com
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For more information, please contact:
Natalia Yek, Head of Investor Relations, Apheon
ny@apheon.com
T: +32 2 213 60 90
