# Ceres Capital acquires Seyntex Group with backing from Headway Capital Partners

Headway Capital Partners co-invested with Ceres Capital to acquire Seyntex Group, with the Seynaeve family remaining invested. The acquisition makes Ceres Capital the majority shareholder.

- Type: Acquisition
- Announced: 2023-10-23
- Status: completed
- Products: industrial textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Seyntex](https://endata.com/companies/22302.md) (target)
- [Ceres Capital](https://endata.com/companies/73188.md) (acquirer)
- [Headway Capital Partners](https://endata.com/companies/73189.md) (investor)

## Sources

- [smallbusinessinvestoralliance.growthzoneapp.com](https://smallbusinessinvestoralliance.growthzoneapp.com/independent-sponsor-deals/Details/headway-capital-partners-backs-ceres-capital-to-acquire-seyntex-group-325403), 2023-10-23: "The Seynaeve family welcomes Ceres Capital as Seyntex's new majority shareholder."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.