Smile Invest
Lending
23 Apr 2026
Direct Lending supports Smile Invest with the refinancing of FMTC
Our role
Our European Direct Lending team is pleased to have provided senior debt facilities to support Smile Invest and its portfolio company, FMTC Holding B.V. (“FMTC”), a provider of certified safety training for the renewables, maritime and oil & gas sectors.
The facilities refinance the existing capital structure while also providing incremental facilities to support the Company's M&A and growth opportunities.
This transaction marks our first deal with Smile Invest and further underscores our commitment to mid-market businesses and sponsors in the Benelux.
About Smile Invest
Smile Invest is a European private equity firm focused on partnering with ambitious, growth-oriented businesses across the Benelux region. Established in 2017, the firm operates from offices in the Netherlands and Belgium and invests in mid-market B2B companies active in sectors including business services, healthcare, manufacturing and technology. Smile Invest combines financial expertise with hands-on strategic support, working closely with management teams to drive sustainable growth, operational improvement and international expansion, often through targeted buy-and-build strategies.
About FMTC
FMTC Holding B.V. (“FMTC”) is a global provider of certified safety training services, delivering mandatory and recurring training programmes to professionals across the oil & gas, renewables (offshore wind), maritime and general industrial sectors. Founded in 2014 and headquartered in Amsterdam, FMTC operates 13 training locations across the Netherlands, Belgium, France, the United States and Saudi Arabia, offering over 425 accredited training modules to c.4,700 customers and ~39,000 delegates annually. Under Smile Invest’s ownership since January 2023, FMTC has delivered strong growth through a combination of organic expansion, new site openings and acquisitions, expanding its global footprint from six to fourteen training centres.
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