Diabolo ICT has been acquired by Eshgro. This creates a company with 110 cloud specialists. Hogenhouck M&A advised Diabolo’s shareholders on this transaction.
By combining Eshgro’s innovative development capabilities with Diabolo ICT ’s customer-focused approach, a company with 110 cloud specialists is created. Eshgro’s executive board will be strengthened by the addition of Diabolo’s executive board members. With this acquisition, Eshgro solidifies its leading position as a cloud service provider for the modern workplace in combination with business-critical applications.
Joining Forces
Eshgro and Diabolo ICT have been collaborating closely and successfully for many years. Eshgro is a nationwide cloud service provider that guides organizations through their digital transformation toward a smarter workplace, including through its innovative Smarter 365 platform. Diabolo ICT is an all-around IT service provider with a strong customer-focused approach that implements and manages IT solutions for businesses and organizations in the central and eastern Netherlands. The combined company has offices in Boxmeer, Arnhem, and Amsterdam.
“This acquisition marks the ultimate continuation of our long-standing partnership,” says Ronald Brakenhoff, CEO and founder of Diabolo ICT. Anton Loeffen, CEO and founder of Eshgro, comments on the acquisition: “This merger of strengths is the next step in our ambition to grow both organically and through acquisitions.”
A Solution for the Modern Workplace
Many organizations want to reap the benefits of the modern workplace while continuing to use their business-critical applications seamlessly. “Companies are looking for a strong partner who understands their business and helps them with the transition—from the strategic to the operational level—while keeping the environment up to date,” says Anton Loeffen. “With more than 100 specialists and our in-house developed Smarter 365 platform, we offer a comprehensive solution for maximum productivity, security, compliance, and financial return.”
Seamless alignment with corporate culture
The culture, working methods, and services of both organizations complement each other seamlessly. Eshgro and Diabolo ICT already serve a large group of shared clients. “The merger therefore makes perfect sense,” said Edwin de Ruijter, CEO of the new organization. “With this acquisition, both organizations are ready for the next step and even better equipped to guide clients through their digital transformation. Together, we have even greater nationwide reach and are also more versatile in designing, managing, and supporting future-proof workplaces.”
Composition of the Board of Directors
The shareholders of Diabolo ICT—Ronald Brakenhoff, Lando Markhorst, Rob Schennink, and Xander Hendrickx—will become co-shareholders and members of Eshgro’s combined executive board.
The full management team and shareholders of Eshgro are: Edwin de Ruijter (CEO), Koen van Hoof (CFO), Lando Markhorst (COO), Ronald Brakenhoff (CCO), Anton Loeffen (Innovation & Strategy), Xander Hendrickx, and Rob Schennink.
