Corporate Investor

Updated:

WorxInvest

WorxInvest was formed in 2021 by longtime SD Worx leadership, anchored by Filip Dierckx and Brigitte Boone, when European private equity firm CVC Strategic...

WorxInvest logo

WorxInvest

WorxInvest was formed in 2021 by longtime SD Worx leadership, anchored by Filip Dierckx and Brigitte Boone, when European private equity firm CVC Strategic Opportunities II acquired a majority stake in SD Worx. The transaction allowed the founders to retain a significant minority position in the HR and payroll software company while spinning out a dedicated investment entity to manage the resulting liquidity. The firm is headquartered in Antwerp, Belgium. The firm deploys capital across three visible strands. First, a direct private equity strategy focused on growth-stage companies, frequently co-investing alongside Belgian investment company Gimv, where Brigitte Boone also serves on the board. Second, a meaningful real-asset portfolio branded WorxEstate — a portfolio of commercial properties across Belgium including holdings in Bruges, Charleroi, Geel, Kortrijk, and central Antwerp sites such as the SD Worx headquarters at Brouwersvliet and the Havenbuilding. Third, an anchor investment in the retained minority stake in SD Worx itself, affirming a continued strategic tie to the original operating business. Scale remains opaque as WorxInvest does not publicly disclose assets under management or total deployment. The firm operates a lean governance structure with Dierckx as Executive Chairman and Boone on the executive committee. It participates actively in Belgian corporate governance circles — Dierckx chairs the Flemish business network VOKA, and the firm is a partner of the GUBERNA Centre for Family Business Governance, signaling a formal interest in multi-generational stewardship. The firm maintains four distinct philanthropic vehicles — the Payback Foundation, Private Stichting SD, Private Stichting SD Patrimonium, and SD Worx for Society CV — separating charitable activities from investment operations. WorxInvest is structurally distinct in combining a minority holding in a mature software business with a direct-investment mandate and a real-estate portfolio under one corporate umbrella — effectively functioning as a permanent capital vehicle for a single industrial family. Unlike a traditional single-family office, it is organized as a corporate parent, with its founding wealth derived from a single control-premium liquidity event rather than a multi-generational operating fortune.

General information

Firm type

Corporate Investor

Year founded

2021

AUM

Undisclosed

Location

Region

Europe

Country

Belgium

City

Antwerp

Corporate office

Antwerp, Belgium

Principals

Filip Dierckx

Executive Chairman

Brigitte Boone

Executive Director

Sector focus

Enterprise SoftwarePrivate EquityReal Estate

Frequently asked questions

Who runs investment decisions at WorxInvest?

Filip Dierckx, the Executive Chairman and former CEO of Fortis Bank, oversees the investment strategy at WorxInvest. Executive Director Brigitte Boone, who also serves on the board of Belgian investment firm Gimv, is a key member of the executive committee shaping deployment. The firm's governance is closely held, with decision-making concentrated among its founding leadership.

How is WorxInvest related to SD Worx?

WorxInvest is the corporate parent that retained a significant minority stake in SD Worx after selling a majority position to CVC Strategic Opportunities II in 2021. While SD Worx remains the origin of the wealth, WorxInvest now operates as a separate investment entity, using its retained equity as one component of a broader portfolio that includes private equity co-investments and Belgian commercial real estate.

Does WorxInvest invest only in Belgium?

WorxInvest's real estate portfolio, named WorxEstate, is concentrated in Belgium with commercial properties across Antwerp, Bruges, Charleroi, Geel, and Kortrijk. Its private equity strategy, conducted in partnership with Gimv, may extend geographically with its co-investor, but the bulk of its known assets and governance footprint remain domestic.

What is WorxInvest's known posture on co-investments alongside external GPs?

WorxInvest actively co-invests in private equity deals alongside its strategic partner, the Belgian investment firm Gimv. Executive Director Brigitte Boone's board role at Gimv provides direct connectivity for sourcing and structuring co-investment opportunities in growth-stage companies, which constitutes a core part of its direct-deal strategy.

What is the Payback Foundation and how does it relate to WorxInvest?

The Payback Foundation is one of four philanthropic structures associated with WorxInvest, alongside Private Stichting SD, Private Stichting SD Patrimonium, and SD Worx for Society CV. These entities are legally separated from the investment operations, ensuring a clear boundary between the firm's impact-driven and charitable activities and its commercial investment mandate.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on asset managers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Antwerp Corporate Investor profiles