The Deal at a Glance
Sereni, headquartered in Antwerp, has rapidly advanced its consolidation strategy within the fragmented Belgian funeral sector. In mid 2024, Sereni acquired Snoeck, a landmark family-owned funeral home distinguished by its regional heritage and deep community ties. The Snoeck family, supported by their advisor Guy Louis and Partners in Accountancy, mapped out a succession process designed for continuity and care. Ventures4Growth, with deal partner Guy Louis, guided the entire process, facilitating assessment through to a smooth closing and post-merger transition.
The Belgian funeral industry—valued at over €700M and forecast for sustained growth—is witnessing a wave of succession-driven M&A. Many family-owned operators, like Snoeck, face aging founder dynamics and the challenge of ensuring business continuity without sacrificing local values. Sereni’s acquisition is emblematic: rather than just seeking scale, the company emphasizes “cultural fit” and service excellence. Integration means not only operational growth, but preservation of Snoeck’s trusted reputation within its community—a critical factor in a historically personal industry. For Sereni, this deal strengthens its regional anchor and further positions it as a national leader in community-first funeral care. For the Snoeck family, it guarantees legacy preservation and continuity for the families they serve
For over 75 years, Snoeck has provided empathetic, tailored care to generations in Izegem and West Flanders. Facing no immediate family successor, the Snoecks prioritized finding a partner who shared their values. “A decision needed in the rapidly evolving market,” as local press described it, capturing both the emotional and practical logic of the move. The involvement of Ventures4Growth ensured this was not just a transaction, but a well-orchestrated transition, balancing emotional, financial, and operational priorities for all sides
Ventures4Growth was pivotal in designing and executing the transaction structure. With deal partner Guy Louis at the helm, V4G delivered a process marked by clarity, trust, and strategic fit—from initial valuation through buyer engagement and closing. Their role helped the Snoeck family realize value without compromise and enabled Sereni’s continued growth without disruption to service or community standing
The acquisition sets the stage for further investments in facility upgrades and community outreach in West Flanders, part of Sereni’s ongoing regional growth plan. It also underscores an industry-wide shift toward structured, values-driven succession in Belgium’s sizeable funeral sector.
Sereni has grown… via the roll-up of independent funeral service providers, initially in Belgium, and expanded… to become a leading consolidating platformHoulihan Lokey , Transaction Release (2025-06-02)