Corporate Development Operators
Your dedicated corporate development team,
sized to the project
ProjectPhi

Armouring Entrepreneursfor Moments of Change.

Your dedicated corporate development team, sized to the project.Your dedicated corporate development team, sized to the project

01 — What we do

Corporate development is our craft — M&A, succession, recapitalisations and strategic partnerships.

Advisers advise. We operate: we run your project alongside your internal team, do the work ourselves, and take responsibility from planning until the results show in your P&L.

75+ deals executed from preparation to integration.
02 — The work

It typically starts with a pressing issue on a full plate.

Growth
Acquisitions · add-ons · buy-and-build

We find and test the relevant targets, build the case and the valuation, run the diligence and the negotiation, and plan the integration before you sign.

Licensing · distribution · joint ventures

The right partner, the economics and a contract that holds. We run it next to your daily business, until it runs without us.

New markets · business development · diagnosis

A two-week diagnosis maps the options and names what is missing. Then we carry the option you choose, from business development to the deal, until it lands.

Integration · the first hundred days

The plan behind the deal turned into decisions, people and numbers, until the result shows in your P&L.

Ownership
Sale · M&A sell side

First what the company is worth and whether the timing is right. Then the buyers, the process and the terms, closed so the company and the family come out intact.

Family · management buy-out · sale

Family, management or a buyer: the options mapped and valued while you can still choose, then the transfer carried through, financing and governance included.

Carve-out · divestment

Often underrated: letting go of one part gives the rest focus and room to breathe. We separate it cleanly and sell it to the owner who values it most, while the rest of the business keeps running with the same people.

Capital & structure
Growth capital · refinancing · recapitalisation

We design a financing mix that enables the plan instead of limiting it: the right blend of debt and equity, the right financiers, and terms that fund the next phase while control stays with you.

Shareholder exit · restructuring · governance

Acting early here often keeps relations from souring, or sets them right again. We map the options and value the stakes. Then we take every stakeholder along, guiding each decision through the appropriate committee, from the board to the family council, until the new structure is in place. Above all, the business keeps running as usual throughout.

What drift costs
The window

Closes at its own pace, not yours.

The preparation

What isn’t ready becomes a discount at the table.

The operation

The business has to keep running. With the same people.

The momentum

Every week of silence costs trust on the other side of the table.

None of this waits until you’re ready.

From the dealsheet
Trade sale — pharma packaging Growth round — industrial tech Succession buy-out — family industrial Licensing — packaging technology Add-on programme — business services Carve-out — specialty manufacturing Recapitalisation — GMP manufacturing Strategic partnership — logistics Investor roll-over — scale-up Post-merger integration — food ingredients Minority exit — software Governance reset — family holding Growth campaign — international distribution roll-out
03 — Why ProjectPhi
Michaël Dillen, founder of ProjectPhi
Michaël Dillen

An opportunity never arrives when there is time for it,
nor does the gut feeling that something structural has to change.
Such directional changes require focus and experience
on top of the day-to-day, typically for an extended period,
with unpredictable waves of intensity.
The result: a late start, a rushed finish,
or an adviser focused on one dimension.

Large groups solve this through corporate development:
a dedicated, multidisciplinary team, able to deliver end to end.
Most family businesses, scale-ups, family offices and smaller funds
can't keep one permanently.

This is why I started ProjectPhi:
to make that capability available for one specific project at a time,
working just like an in-house deal team.
Yet, efficiently priced and delivered.

How we work We believe in focused campaigns. Open The network Our strength is our network. Open Capital Sometimes we invest too. Open
ProjectPhi™

Let's define the next one.

Book a call.

next@projectphi.com +32 3 291 31 26 Antwerp‑Brussels‑Bruges
Where to find us
LinkedIn WhatsApp Houtduivendreef 18, 2900 Antwerp
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