DUVAK, based in Nieuw-Vennep, is taking the next step in its development by joining the Odin Group. With this move, the IT service provider has deliberately chosen a strong strategic partner that will ensure the organization’s continuity and enable further growth. Hogenhouck M&A advised DUVAK throughout this transaction process.
In recent years, DUVAK has established a strong position as an IT service provider in the region. From its base in Nieuw-Vennep, the company supports organizations with a wide range of IT solutions, including consulting, security, and the management of workplace and cloud environments. DUVAK distinguishes itself through technical expertise, a down-to-earth approach, and a strong commitment to its clients. With this solid regional foundation, DUVAK is now logically moving into its next phase of growth.
By joining the Odin Group, DUVAK gains access to greater scale, expertise, and additional opportunities within Previder and the Odin Group. At the same time, the team will continue to operate out of Nieuw-Vennep. Clients will retain their trusted points of contact and benefit from the additional knowledge and capabilities provided by the group.
Hans van Duijn, director of DUVAK:“It was important tome to find an organization that could help DUVAK move forward without compromising our core values. In Odin Group and Previder, we have found an organization that places the same value on quality, continuity, and personal collaboration. That gives us confidence for the future.”
Arno Witvliet, CEO of Odin Group: “This acquisition is an important step in our growth strategy. With DUVAK, we’re strengthening our regional presence and will be able to serve our customers in the western Netherlands even better. The DUVAK team is a perfect fit for the culture at Previder and Odin Group, and we look forward to working together to continue building a strong network of regional IT services.”
The M&A Process
Hogenhouck M&A advised DUVAK throughout the entire transaction process. Hein Stoops, Daan Zonneveld, and Tijmen Bruin worked closely with Hans van Duijn and his team on behalf of Hogenhouck M&A. Throughout this process, Hogenhouck M&A structured the M&A process, clearly positioned the DUVAK team in the market, and guided the negotiations toward a transaction that makes strategic and financial sense and aligns with DUVAK’s future. In doing so, we focused not only on the deal itself, but above all on the right next step for the entrepreneur, the company, its people, and its customers.
Hein Stoops, partner at Hogenhouck M&A: “Inadvising DUVAK, our primary focus from the very beginning was that the outcome should not only result in a good deal, but also be the right step for the company’s future. DUVAK is a company with a history spanning nearly forty years, built on long-standing customer relationships founded on trust. This calls for a partner who not only aligns strategically but also understands the company’s culture and strengthens its continuity. It has been a pleasure to guide Hans and the DUVAK team through this process.”
Hans van Duijn on the collaboration with Hogenhouck M&A: “We’ve found an ideal partner in Hogenhouck M&A. Their broad experience in the IT market, combined with a personal and engaged approach, made all the difference. It’s an organization with real expertise and people you can count on. I went through this process with a great deal of confidence.”