Keylane expands into the Belgian market by acquiring leading provider Vereycken & Vereycken

Keylane, a leading European provider of highly configurable, customer-centric SaaS platforms for the pension and insurance industry, today confirms that it has entered into an agreement to acquire Vereycken & Vereycken, the leading life & pension software provider in Belgium.

The combination with Vereycken & Vereycken expands Keylane’s established technology footprint and deepens its offering in the Belgian market. Vereycken & Vereycken has an impressive reputation and deep knowledge of local regulations whilst delivering a solution that is a leading solution across Belgium.

Vereycken & Vereycken and Keylane are strongly aligned in both capability and culture, with both organisations recognised for delivering high-quality, robust, compliant and scalable technology in complex, highly regulated environments.

This marks Keylane’s second acquisition since partnering with Pollen Street in 2024, following the acquisition of UK-based pension technology provider Heywood in 2025.

Vereycken & Vereycken will operate as a business unit within Keylane’s Life & Pension segment and will continue to focus on the Belgian market. Over time, the company will operate under the Keylane name. Vereycken & Vereycken’s UL3 platform will drive growth in the Belgian life and pension market, with Keylane committed to its continued development and support. Keylane will further enhance the platform by adding deep expertise and solutions in areas such as its AI product suite, sovereign cloud hosting, assurance and additional software modules.

Leon de Looff, Managing Director Life & Pension Northern Europe, said:

“We have long been an admirer of the expertise and achievements of Vereycken & Vereycken. They are a keystone of the Belgian life and pension industry and have achieved this by building deep partnerships and earning the trust of the high quality customers they serve. Together we will expand our offering in the Belgian market and boost the growth and capabilities of the UL3 platform”.

Luc Vereycken, CEO Vereycken & Vereycken, said:

“This marks an important next step for Vereycken & Vereycken on our growth journey. Joining Keylane strengthens our ability to deliver market-leading life and pension technology while continuing to operate with the focus on our customers value. Our commitment to providing excellent service and robust, future-ready solutions remains firmly in place, and we look forward to the opportunities this partnership will bring to our customers and colleagues.”

The acquisition is subject to Foreign Direct Investment approval and is expected to close in Q2 2026.