Constant IT, a Managed Service Provider (MSP) with a focus on the Microsoft Cloud, becomes part of TSH, one of the fastest-growing MSP organizations in the Netherlands. This collaboration further accelerates the growth path for customers and employees. Hogenhouck m&a advised Constant IT on this transaction.
Leading player for SMEs
In recent years Constant IT has become a leading player in the field of IT outsourcing for the SME segment in the Amsterdam. Joining TSH gives Constant IT the opportunity to employ a buy-and-build strategy to gain a leading market position within the Amsterdam region. In addition, joining TSH provides new opportunities and possibilities for Constant IT employees to grow and develop.
Mark Philips, CEO and founder of Constant IT: “With the great team at Constant IT, we work hard every day for a really great group of customers. I am incredibly proud of what we have built and how we have helped our customers embrace the Microsoft Cloud. We are ready to accelerate from our Amsterdam office with our fresh brand and our new security services. With TSH on board as a strong, ambitious and experienced partner, I am energized to continue building together and getting other MSPs to join TSH. This will allow our team members to grow and our clients to benefit from a huge increase in knowledge and experience.”
Accelerated growth path
Constant IT will remain as a leading name in its existing form, gaining access to the knowledge and experience of TSH and the already affiliated TSH Brands through the acquisition. With Strikwerda Investments as a wealthy shareholder, TSH has a strong partner for the next phase of growth and realizing follow-up acquisitions.
TSH, as a portfolio company of Strikwerda Investments, has a long-term investment horizon and, in addition to its current strong organic growth, intends to have other leading ICT outsourcing companies join the group. In doing so, TSH always looks for organizations with a proven track-record and a similar mindset to the other TSH companies in wanting to continuously work on improving their organization.
John Reynders, CEO of TSH: “Constant IT has proven to have a powerful proposition for the SME segment and has built a strong position and good name in the Amsterdam region with high customer satisfaction. By adding Constant IT to our ranks, we significantly strengthen our position in ICT outsourcing market and welcome a great company to our group. Mark and his team are a wonderful addition to our team of ambitious entrepreneurs and share our key 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 on this transaction: “Constant IT has built an excellent position in the MSP market under the wings of Mark Philips. From there, Mark had increasing conversations with multiple platforms for the next step for Constant IT and its employees. In the end, Mark made the informed decision to move forward with TSH. While Constant IT continues its commitment to serving existing clients and its strong growth, the company will now also gain access to TSH’ additional knowledge and experience, which will undoubtedly provide another acceleration in growth.”