Constant IT, a Managed Service Provider (MSP) focused on the Microsoft Cloud, is joining TSH, one of the fastest-growing MSP organizations in the Netherlands. This partnership will further accelerate the growth trajectory for customers and employees. Hogenhouck M&A advised Constant IT on this transaction.
A leading player in the SME sector
In recent years, Constant IT has grown to become a leading player in the field of IT outsourcing for small and medium-sized businesses in the Amsterdam region. By joining TSH, Constant IT will have the opportunity to implement a “buy-and-build” strategy to secure a leading market position within the Amsterdam region. Furthermore, joining TSH offers Constant IT’s employees new opportunities and possibilities for growth and development.
Mark Philips, CEO and founder of Constant IT: “Together with the amazing team at Constant IT, we work hard every day for a wonderful group of clients. I am incredibly proud of what we’ve built and how we’ve helped our clients embrace the Microsoft Cloud. We’re ready to accelerate from our Amsterdam office with our refreshed brand and new security services. With TSH on board as a strong, ambitious, and experienced partner, I’m energized to continue building together and help other MSPs join TSH. This will allow our team members to grow, and our clients will benefit from a tremendous increase in knowledge and experience.”
Accelerated Growth Path
Constant IT will continue to operate in its current form as a leading company, and the acquisition will give it access to the knowledge and experience of TSH and its affiliated TSH Brands. With Strikwerda Investments as a financially strong shareholder, TSH has a robust partner for its next phase of growth and for pursuing further acquisitions.
As a portfolio company of Strikwerda Investments, TSH has a long-term investment horizon and, in addition to its current strong organic growth, aims to bring other leading ICT outsourcing companies into the group. In doing so, TSH always seeks out organizations with a proven track record and a mindset similar to that of the other TSH companies—one focused on continuously working to improve their operations.
John Reynders, CEO of TSH: “Constant IT has proven that it has a strong value proposition for the SMB segment and has built a solid position and a good reputation in the Amsterdam region, with high customer satisfaction. By adding Constant IT to our ranks, we are significantly strengthening our position in the IT outsourcing market and welcoming a great company into our group. Mark and his team are a wonderful addition to our team of ambitious entrepreneurs and share our core values and long-term ambitions.”
Amsterdam's Leading Microsoft Cloud MSP
Constant IT was advised by the Hogenhouck M&A transaction team, consisting of Hein Stoops, Daan Zonneveld, and Bas Schellekens. Hein Stoops commented on this transaction: “Under Mark Philips’ leadership, Constant IT has built an excellent position in the MSP market. From there, Mark increasingly engaged in discussions with multiple platforms regarding the next step for Constant IT and its employees. Ultimately, Mark made the well-considered decision to move forward with TSH. While Constant IT continues its commitment to serving existing customers and maintaining its strong growth, the company now also gains access to TSH’s additional knowledge and experience, which will undoubtedly accelerate its growth even further.”
