TTNL, a leading IT infrastructure service provider, joins forces withinvestment company FIELDS Group. Hogenhouck m&a advised TTNL in this transaction.
TTNL, with its headquarters in Culemborg (Netherlands), is a leading IT infrastructure service provider in the Benelux and other selected countries. The focus is on optimizing complex hybrid multi-cloud environments, both technically and economically, to keep business critical data available and protected. The partnership aims to build on TTNL’s success and grow the company into a leading provider in Europe. FIELDS Group will support TTNL in transferring duties from founder and CEO Nicolai Kippersluis to a new management team, with Michel Luxembourg (CCO) and Derk-Jan Boon (CTO) playing an even more prominent role. FIELDS Group is an entrepreneurial hands-on investor focused on developing promising companies.
“After 30 years of organic growth, it is time for TTNL to enter the next ‘Next Level’ phase and with FIELDS Group we have found a financially solid and highly capable partner to realize our ambitions,” said Nicolai Kippersluis, founder & CEO of TTNL. “Together, we will strive to support our customers even more broadly with their enterprise hybrid multi-cloud IT infrastructure environment to further enhance their ability to deal with the demands and challenges facing their business. The availability and protection of constantly growing mission-critical data are essential in this regard. In addition, we want to replicate TTNL’s success in the Benelux region in other European markets, in order to also improve support for our multinational customers.”
Michel Luxembourg, CCO of TTNL: “I am looking forward to a successful cooperation and am convinced that we will achieve important successes together. FIELDS Group is the ideal partner for us to achieve our growth objectives. Their expertise, resources and network will enable us to complement our successful organic sales & marketing strategy and expand our European footprint through a buy & build strategy. Together with the entire team, we will work hard to capitalize on the opportunities ahead.” Derk-Jan Boon, CTO of TTNL, added: “I am very excited about this opportunity to take TTNL to the ‘Next Level’ together with FIELDS Group. From a technology perspective, I see numerous opportunities to expand knowledge, expertise and experience through acquisitions and partnerships, making TTNL the brand for the challenges facing the IT ‘world’ today and tomorrow.”
André Reitz, Investment Manager at FIELDS Group, added: “We are proud to partner with TTNL. We are particularly looking forward to supporting Michel, Derk-Jan and the rest of the TTNL team in their development into a full-service data management provider for complex IT infrastructures and the further internationalization of the company. We are also pleased that Nicolai will continue as a co-shareholder and are convinced that his expertise and market knowledge will be of great value in the coming years.”
Hein Stoops on this transaction: ‘With Fields Group, TTNL attracts an experienced and committed partner to take TTNL’s strong position on enterprise hybrid multi-cloud infrastructure and data management solutions, to a higher level in the Netherlands and replicate its success internationally. In addition, Fields Group, together with the founder, facilitates the transfer to the next generation, also based on specific knowledge of the industry and their other portfolio companies. We as Hogenhouck m&a are delighted to have been able to work with Nicolai and his team to shape the next step for the company, its founder and management.
