NXMH
Investment arm of NXC Group
Brussels private equity arm of NXC Group investing NXC's evergreen capital in European mid-market consumer and business services companies; €50–200M tickets.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Kim (family of Kim Jung-ju)
- WEALTH ORIGIN
- Nexon (online games), held through NXC
- HEADQUARTERS
- Brussels, Belgium
- FOUNDED
- 2010
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- Europe
- STAGES
- GrowthBuyout
- ROUTES
- Direct investments
- STRATEGIES
- Private equityDirect investments
- TICKET
- €50M–€200M
Overview
NXMH is a Brussels-based private equity firm that is part of the NXC Group and deploys evergreen capital in consumer and business services companies, preferring majority stakes in European mid-market firms with equity tickets of €50–200 million. NXC is the holding company through which Nexon founder Kim Jung-ju consolidated his and his family's majority stake in Nexon. NXMH's holdings include Stokke (since 2014), Schesir (2017), Moose Knuckles (2020) and CLI Group (2026); it sold Whitebridge Pet Brands to General Mills in 2024 and Bitstamp to Robinhood in 2025.
Investment thesis
Build European mid-market leaders in consumer and business services into international category champions through buy-and-build, using patient evergreen capital, low leverage and majority stakes.
Holdings & investments (8)
- StokkeNOTABLEConsumer & E-commerce · since 2014
- BitstampNOTABLEFintech · since 2018 · Exited
- CLI GroupIndustrial & Manufacturing · since 2026
- Whitebridge Pet BrandsConsumer & E-commerce · since 2021 · Exited
- Moose KnucklesConsumer & E-commerce · since 2020
- PaikkaConsumer & E-commerce · since 2019
- SchesirConsumer & E-commerce · since 2017
- SendbirdSoftware & SaaS · since 2014
People
- Olov PeterssonInvestment Director (liquid portfolio, Nordic direct investments) · source
- Jean-David ThiebautPortfolio Director · source
- Jan KämmlerInvestment Director · source
- Bert LejeuneInvestment Associate · source
- Reda ElassooudiInvestment Analyst · source
- Frédéric LammensManaging Director · source
- Hanmin ChoDirector (board) · source
- Sang YooDirector (board) · source
- Taemin KangDirector (board) · source
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
NXMH is a single family office based in Brussels, Belgium, founded in 2010.
NXMH invests on behalf of the Kim (family of Kim Jung-ju) family (Nexon (online games), held through NXC).
NXMH invests directly in companies. Its stated asset mix includes private equity and direct investments.
NXMH invests at Growth and Buyout stages in Consumer & E-commerce, Industrial & Manufacturing, Fintech and Software & SaaS.
NXMH's stated ticket size is €50M–€200M.
Key people at NXMH include Frédéric Lammens (Managing Director), Olov Petersson (Investment Director (liquid portfolio, Nordic direct investments)), Jean-David Thiebaut (Portfolio Director) and Jan Kämmler (Investment Director).
NXMH's holdings and investments include Stokke, Bitstamp, CLI Group, Schesir, Moose Knuckles, Whitebridge Pet Brands, Paikka and Sendbird.
No. NXMH invests its own capital and does not raise money from outside investors.