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TMC to accelerate growth with strategic backing from Apheon and MML

We are pleased to announce our continued partnership with Apheon as our lead investor and partner investor MML. Apheon has reaffirmed its commitment to TMC by reinvesting with additional capital raised through an Apheon-controlled vehicle, ensuring long-term strategic alignment. Together, Apheon and MML will provide the capital and expertise to support TMC’s ambitious plans for strategic expansion and acquisitions.

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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 hightech 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.

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.

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