Leading specialist in horizontal directional drilling and sewer renovation

Sector: Construction
First Investment: 2012
Status: Exit
div>

Dekabo Group is one of the largest providers of horizontal directional drilling (HDD) and sewer renovation in Belgium. Founded in 1997 as one of the country’s first HDD specialists, the company has grown into a recognised market leader with over 25 years of expertise in trenchless underground infrastructure installation.

Dekabo does 1,700+ projects per year, installing utility pipes — for electricity, telecom, water, gas, cabling and more — with the highest precision and minimal above-ground disruption, in any substrate including rock formations, and in any environment. The company operates an advanced machine park capable of drilling diameters.

  • 3 offices across Belgium: Olen (HQ), Asse, Herstal
  • 500+ active clients
  • Modern fleet of HDD drilling rigs including Prime PD-45 machines
  • Subcontractor model serving utility companies, civil contractors and
    public sector clients

Key Milestones:

  • 1997: Founded as one of Belgium’s first HDD companies
  • 2019: Acquired by KeBeK Private Equity (exit by PE Group)
  • 2020: Acquired Rio Construct (sewer renovation, ~EUR 6.2M revenue, 30 staff)
  • 2024: Philippe Rosseel appointed as new CEO (December)
Bart Denoodt
"Working with PE Group was a defining chapter for Dekabo. Beyond the financial support, what stood out was their long-term mindset and their willingness to engage deeply with our business. They didn't just invest in the company — they invested in the people."
Bart Denoodt
CEO (previous)