Extravar, a specialist in consulting and managing ICT systems, will enter into partnership with investment firm Capital A as of September 1, 2023. Hogenhouck m&a advised ExtraVar in this transaction. With the support of Capital A, ExtraVar, which provides stable and flexible infrastructures as a service provider, can fulfill its ambition to achieve further growth in its role as a full-service IT service provider.
This move allows ExtraVar to expand its service offerings by growing along both the vertical and horizontal axes. With this it aims to further improve its service to customers and strengthen its position as a reliable and proactive player in the Dutch market.
Familiar working method
Founded in 1997, ExtraVar has built an excellent reputation for consulting and managing corporate IT infrastructure in the Netherlands, with a team of 25 dedicated professionals. ExtraVar continues to work with its customers and suppliers in the same way it has for the past 25 years. The great advantage for its customers is that in the near future they will be able to have an even broader range of services provided by ExtraVar.
New CEO takes helm
Paul Massaut will take over as CEO from Dennis Zandbergen effective September 1. Dennis on this next step: “I am confident that my successor Paul Massaut can achieve qualitative and quantitative growth, together with all ExtraVar colleagues and thus in cooperation with Capital A will be successful.”
The Hogenhouck team that advised ExtraVar included Victor Rosier, Maarten van der Heijden and Albert van den Pol. Victor Rosier on this transaction: “We have enjoyed working with Dennis and Paul. We chose to sell ExtraVar as a platform and were looking for the right party to take the company through a buy and build strategy to the next phase. We found this suitable party in the investor Capital A. We look back on a pleasant cooperation and are convinced that the future will bring very nice developments for the entrepreneurs and company.”